Williamson ha obtenido el Premio Nobel de Economía 2009, compartido con Elinor Ostrom (véase su biografía en este blog en http://bit.ly/fYahKB), por "su análisis económico de la gobernanza, especialmente los límites de la empresa". Es un destacado teórico del nuevo institucionalismo. Doctorado por la Carnegie-Mellon University en 1963 es actualmente profesor de "Economics and Law" en la Universidad de California en Berkeley. Es el autor del concepto de "mecanismos de gobierno" para referirse a los sistemas de control del riesgo asociado a cualquier transacción. Sus campos principales de investigación son la economía de las instituciones, la estrategia de las organizaciones, la burocracia, la política y los costes de transacción. En 2004 recibió el Doctorado Honoris Causa por la Universidad de Valencia."Managerial Discretion and Business Behavior", 1963, AER The Economics of Discretionary Behavior: Managerial objectives in a theory of the firm, 1964. "Economics as an Anti-Trust Defense: The welfare trade-offs", 1968, AER Corporate Control and Business Behavior: An inquiry into the effects of organization form on enterprise behavior, 1970. "The Vertical Integration of Production: market failure considerations", 1971, AER "Markets and Hierarchies: Some elementary considerations", 1973, AER Markets and Hierarchies: Analysis and antitrust implications, 1975. "Franchise Bidding for Natural Monopolies: in general and with respect to CATV", 1976, Bell JE "Transaction Cost Economics: The governance of contractual relations", 1979, J Law Econ "The Economics of Organization: The transaction cost approach", 1981, American J of Sociology "Credible Commitments: Using hostages to support exchange", 1983, AER The Economic Institutions of Capitalism, 1985. "Vertical Integration and Related Variations on a Transaction- Cost Economics Theme", 1986, en Stiglitz and Mathewson, editores, New Developments in the Analysis of Market Structure "Transaction Cost Economcs", 1987, JEBO "Economics and Sociology: Promoting a dialog", 1988, en Farkas and England, editores, Industries, Firms and Jobs "A Comparison of Alternative Approaches to Economic Organization", 1990, J of Institutional and Theoretical Economics Organization theory : from Chester Barnard to the present and beyond., 1990. "The Logic of Economic Organization", 1991, en Williamson y Winter, editores, Nature of the Firm "Economic Institutions: Spontaneous and intentional governance", 1991, Journal of Law, Economics and Organization "Markets, hierarchies, and the modern corporation: an unfolding perspective", 1993, JEBO The Mechanisms of Governance, 1996.
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