Regulation: A Transaction Cost Perspective

被引:17
作者
Spiller, Pablo T. [1 ]
机构
[1] Univ Calif Berkeley, Haas Sch Business, Berkeley, CA 94720 USA
关键词
INSTITUTIONAL ENVIRONMENT; COMMITMENT; FOUNDATIONS; ECONOMICS;
D O I
10.1525/cmr.2010.52.2.147
中图分类号
F [经济];
学科分类号
02 ;
摘要
This essay explores the immense impact of Oliver Williamson's writings and thoughts on contracting and organizations to research on the economics of regulation. Based on Williamson's transaction cost economics approach, this essay discusses the fundamental hazards inherent in government/utility- investors' interactions and explores how these hazards affect the way regulation is developed and the institutional environment within which these interactions take place.
引用
收藏
页码:147 / 158
页数:12
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