Read JLE articles by Oliver E. Williamson, co-winner of the 2009 Nobel Prize in Economics
Oliver E. Williamson of the University of California, Berkeley won a share the 2009 Nobel Prize in Economics. Several articles dealing with Williamson’s prize-winning research on transaction costs and institutional economics are published in JLE.
“Transaction-Cost Economics: The Governance of Contractual Relations” (1979)
“Organization Form, Residual Claimants, and Corporate Control” (1983)
“Calculativeness, Trust, and Economic Organization” (1993)
What do high bankruptcy rates in states like Tennessee and Utah tell us about the people that live in those places? Not much, according to a new 50-state bankruptcy study published in the latest issue of the Journal of Law and Economics.
Study: When local revenue falls, traffic tickets go upA new study to be published in next month's Journal of Law and Economics finds statistical evidence that local governments use traffic citations to make up for revenue shortfalls. So as the economy tanks, motorists may be more likely to see red and blue in the rearview.
Featured in Financial Times
"Why my shooting days are all in a Nobel cause" October 30, 2009
The Mrs. Moneypenny column celebrates Oliver E. Williamson's recent Nobel Prize win and recounts his influential study on transaction costs.
Featured in Wall Street Journal
"Get the Feeling You're Being Watched? If You're Driving, You Just Might Be" March 27, 2009
Red Ink in the Rearview Mirror: Local Fiscal Conditions and the Issuance of Traffic Tickets
Thomas Garrett and Gary Wagner
But a study in last month's Journal of Law and Economics concluded that, as many motorists have long suspected, "governments use traffic tickets as a means of generating revenue." The authors, Thomas Garrett of the St. Louis Fed and Gary Wagner of the University of Arkansas at Little Rock, studied 14 years of traffic-ticket data from 96 counties in North Carolina. They found that when local-government revenue declines, police issue more tickets in the following year. Officials at the North Carolina Association of Chiefs of Police didn't respond to requests for comment.
Eugene F. Fama and Michael C. Jensen
R. H. Coase
Oliver E. Williamson
Benjamin Klein, Robert G. Crawford, and Armen A. Alchian
Michael R. Darby and Edi Karni
Shin‐Yi Chou, Inas Rashad, and Michael Grossman
Stan J. Liebowitz
Alejandro Zentner
Rafael Rob and Joel Waldfogel
Lars Lefgren and Frank McIntyre
