In the News


Oliver Williamson in the news:



Oliver Williamson Offers Valuable Outsourcing Lessons

CIO, June 25, 2010 by Stephanie Overby
http://bit.ly/9I9CgR

Williamson, professor emeritus of business, economics and law at the University of California-Berkeley, won the Nobel Prize in Economics in 2009 for his examination of economic governance. Some outsourcing researchers say his lifelong study of transactional cost economics—the practice of accounting for the total costs of a contract, both obvious and hidden—contains valuable lessons for anyone engaging in outsourcing today.


Oliver Williamson Enjoys Free UC Parking Spot Thanks to Nobel Prize

NPR, Weekend Edition, October 17, 2009 by Cyrus Farivar
http://www.npr.org/templates/story/story.php?storyId=113883274

“Oh, I plan to receive a copy of that parking permit and put it to good use,” said Williamson, who’s the eighth Nobel laureate on Berkeley’s current faculty. “I think it ought to be automated, but apply if I must, apply I will,” he said.


Oliver Williamson Puts UC Athletic Spending in Perspective

USA Today, October 13, 2009 by Steve Wieberg
http://www.usatoday.com/sports/college/2009-10-14-athletic-spending-california_N.htm

Oliver Williamson … who Monday was awarded a Nobel Prize in economics, keeps his office directly across the street from Memorial Stadium. “I don’t think the chancellor and the leadership on the campus think of athletics as being immune (to the financial crisis),” he says. “But some things, you can deal with immediately and directly. Other things, you deal with in the fullness of time…. I don’t see any reason to believe they’re lacking in judgment in this respect.”


Christopher Edley and Oliver Williamson React to Economist’s Nobel Win

The Berkeley Daily Planet, October 12, 2009 by Riya Bhattacharjee
http://berkeleydailyplanet.com/issue/2009-10-08/article/33909?headline=UC-Berkeley-Prof-Wins-Nobel-Prize-for-Economics-

“I am lucky,” said Williamson, to applause from his colleagues.

“I was quite surprised to hear my former student had won the Nobel Peace Prize, but I was not surprised to hear this,” said UC Berkeley School of Law Dean Christopher Edley. “For years he has been an anchor for regulating behavior and dealing with issues of authority and agency,” Edley said. “We could not be more pleased.”


Oliver Williamson Celebrates His Nobel Prize

San Jose Mercury News, October 12, 2009 by Matt Krupnick
http://www.mercurynews.com/topstories/ci_13544096?nclick_check=1

“Berkeley is really a glorious place,” he said. “The commitment to excellence is extraordinary.”