44: Transaction Costs and Boundaries of the Firm - Williamson and Malone (Part 2)

Please join us as continue our discussion of Oliver E. Williamson's famous 1981 article, "The Economics of Organization: The Transaction Cost Approach." Williamson proposed several important constructs in the article such as the 'efficient boundary' and how asset specificity shapes organizational behaviors. What did we think of these ideas?

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Talking About Organizations is a conversational podcast where we talk about one book, journal article or idea per episode and try to understand it, its purpose and its impact. By joining us as we collectively tackle classic readings on organization theory, management science, organizational behavior, industrial psychology, organizational learning, culture, climate, leadership, public administration, and so many more! Subscribe to our feed and begin Talking About Organizations as we take on great management thinkers of past and present!