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Oliver E. Williamson
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==Life and career== Oliver "Olly"<ref name=":0" /> Williamson was born in [[Superior, Wisconsin]], on 27 September 1932.<ref name=":0" /> He was the son of Sara Lucille (Dunn) and Scott Williamson, both of whom were high school teachers.<ref name=":0" /> As a child, Williamson attended [[Superior High School (Wisconsin)|Central High School]] in Superior.<ref>{{cite web | title = Five Individuals, 1952 Cathedral Football Team Among 2010 HOF Inductees | publisher = Superior Telegram | date = February 11, 2010 | url = http://www.superiortelegram.com/content/five-indviduals-1952-cathedral-football-team-among-2010-hof-inductees}}</ref> Williamson's dual enrollment between Ripon College and MIT<ref name=":0" /> earned him his bachelor's degree in management from the [[MIT Sloan School of Management]] in 1955. During his time in his undergraduate academic career, his studies in engineering sparked his initial interest in transaction costs.<ref name=":0" /> After graduating, he worked as a project engineer for [[General Electric]], as well as the Central Intelligence Agency.<ref name=":0" /> Williamson received an [[Master of Business Administration|MBA]] from [[Stanford University]] in 1960, and his [[PhD]] from [[Carnegie Mellon University]], formerly Carnegie Tech,<ref name=":0" /> in 1963. His dissertation was titled βThe Economics of Discretionary Behaviour: Managerial Objectives in a Theory of the Firmβ.<ref name=":0" /> A student of [[Ronald Coase]], [[Herbert A. Simon]] and [[Richard Cyert]], he specialized in [[transaction cost]] economics. From 1963 to 1965 he was an assistant professor of economics at the University of California, Berkeley. From 1965 to 1983 he was a professor at the [[University of Pennsylvania]] and from 1983 to 1988, a Gordon B. Tweedy Professor of [[Law and economics|Economics of Law]] and Organization at [[Yale University]]. While at Yale, Williamson was a founder of ''[[The Journal of Law, Economics, & Organization]]''. He held professorships in business administration, economics, and law at the [[University of California, Berkeley]] since 1988 and was the [[Edgar Kaiser Sr.|Edgar F. Kaiser]] Professor Emeritus at the [[Haas School of Business]].<ref>{{cite web |title=Curriculum Vitae of Oliver E. Williamson |url=http://www.haas.berkeley.edu/groups/online_marketing/facultyCV/williamson_oliver.pdf |publisher=University of California, Berkeley |access-date=2009-10-17 |archive-url=https://web.archive.org/web/20150611053352/http://www.haas.berkeley.edu/groups/online_marketing/facultyCV/williamson_oliver.pdf |archive-date=2015-06-11 |url-status=dead }}</ref> As a [[U.S.-Italy Fulbright Commission|Fulbright Distinguished Chair]], in 1999 he taught economics at the [[University of Siena]]. Found to be one of the most cited authors in the social sciences,<ref>{{Cite journal|last=Pessali|first=Huascar F.|date=2006|title=The rhetoric of Oliver Williamson's transaction cost economics|journal=Journal of Institutional Economics|volume=2|issue=1|pages=45β65|doi=10.1017/S1744137405000238|s2cid=59432864|issn=1744-1382}}</ref> in 2009, he was awarded the [[Nobel Memorial Prize in Economics]] for "his analysis of economic governance, especially the boundaries of the firm",<ref>{{Cite book | title = Sveriges Riksbank's Prize in Economic Sciences in Memory of Alfred Nobel 2009 | url = http://www.riksbank.com/templates/Page.aspx?id=20286 | publisher = Sveriges Riksbank | date = 12 October 2009 | access-date = 2009-10-12 | url-status=dead | archive-url = https://web.archive.org/web/20091017212331/http://www.riksbank.com/templates/Page.aspx?id=20286 | archive-date = 17 October 2009 }}.</ref> sharing it with [[Elinor Ostrom]]. Williamson died on May 21, 2020, in Berkeley, California.<ref>{{Cite web|url=https://newsroom.haas.berkeley.edu/nobel-laureate-oliver-williamson-dies-at-87/|title = Nobel laureate Oliver Williamson, pioneer of organizational economics, dies at 87|date = 23 May 2020}}</ref><ref>{{Cite web|title=The Passing of Oliver Williamson {{!}} SIOE|url=https://www.sioe.org/news/passing-oliver-williamson|website=www.sioe.org|access-date=2020-05-23}}</ref>
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