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Oliver E. Williamson Ph.D.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009
Nobel co-recipient Elinor Ostrom

Economist and Founding Editor of the Journal of Law, Economics and Organization. His book, The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting, is said to be the most frequently cited work in social science research.


Present Position
Honorary Degrees
Lectures and Special Visiting Appointments
Other Appointments
Editorial Boards
Advisory Boards
Professional Associations
Previous Academic Appointments
Recent Past Positions
Other Selected Past Activities


Professor of the Graduate School and Edgar F. Kaiser Professor Emeritus of Business, Economics and Law, University of California, Berkeley.


S.B., Massachusetts Institute of Technology, 1955
M.B.A., Stanford University, 1960
Ph.D., Carnegie Mellon University (Economics), 1963


Honorary Societies

Fellow, The Berkeley Fellows, 2013
Nobel Laureate in the Economic Sciences, 2009.
Fellow, American Academy of Political and Social Science, 1997.
Member, National Academy of Sciences, 1995.
Fellow, American Academy of Arts and Sciences, 1983.
Fellow, Econometrics Society, 1977.


Grande Cruz, awarded by the Congress of Peru, 2011.
Nobel Laureate in Economic Sciences, 2009.
Horst Claus Recktenwald Prize in Economics, 2004.
1983 Prize for Distinguished Scholarship in Law and Economics, Miami University.
Ford Foundation Dissertation Prize, 1963.

Honorary Degrees

Docteur Honoris Causa, University of Paris-Dauphine, 2012.
Honorary Doctor of Economics and Organization, Carnegie-Mellon University, 2011.
Honorary Professor, Tsinghua University, SEM, 2010.
Doctoris Honoris Causa in Economics, Nice University, 2005.
Doctoris Honoris Causa in Economics, Valencia University, 2004.
Doctoris Honoris Causa in Economics, University of Chile, 2000.
Honorary Doctorate in Economics and Business Administration, Copenhagen Business School, 2000.
Doctoris Honoris Causa, Groupe HEC (Paris), 1997.
Doctoris Honoris Causa in Business Administration, St. Petersburg University, Russia, 1997.
Doctoris Honoris Causa in Economics, Turku School of Economics and Business Administration, 1995.
Doctoris Honoris Causa in Economic Science, Groningen University, 1989.
Doctoris Honoris Causa in Economic Science, Hochschule St. Gallen, 1987.
Oeconomiae Doctorem Honoris Causa, Ph.D., Norwegian School of Economics and Business Administration, Jubilee Celebration, 1986.


The Oliver Williamson Award was created by my colleagues at the Haas School of Business to honor outstanding faculty (one each year) at the Haas School.


Distinguished Fellow, American Economic Association, 2007.
Distinguished Fellow, Industrial Organization Society, 2005.
Founding Honorary Editor, Journal of Law, Economics, and Organization, 2004.
Eminent Scholar of the Fellows of the Academy of International Business, 2003.
Honorary Founding Editor, Journal of Law, Economics, and Organization, 2003.
Honorary Editor, Journal of Economic Behavior and Organization, 2002.
John von Neumann Award, Laszlo Rajk College for Advanced Studies, Budapest University, 1999.
Irwin Award for Scholarly Contributions to Management, Academy of Management, 1988.
Alexander Henderson Award for Excellence in Economic Theory, Carnegie Mellon, 1962.


Resident, Rockefeller Study and Conference Center, May-June 2003.
Fulbright Distinguished Chair, Siena, Spring 1999.
Distinguished Senior U.S. Scientist Award, Alexander von Humboldt Stiftung, 1987.
Fellow, Center for Advanced Study in the Behavioral Sciences, 1977 78.
Guggenheim Fellow, 1977 78.


Visiting Fellow, Research School of Social Sciences, Australian National University, October December, 1996.
Visiting Professor of Economics, Paris I (Sorbonne), May June 1994.
Pritzker Distinguished Visiting Professor, Northwestern University Law School, Spring 1993.
Visiting Professor, Saarbrücken University, Spring 1991.
Visiting Professor of Economics and Transamerica Professor of Business Administration, University of California, Berkeley, Spring 1988.
Visiting Professor, Indiana University, Fall 1987.
Taussig Research Professor of Economics, Harvard University, Spring 1987.
Distinguished Visiting Professor, University of Kyoto (Japan), Spring 1983.
Visiting Professor, University of Warwick (England), Spring 1973.


Keynote Speaker, University of Paris VI, October 2012.
Keynote Speaker, Program CIES, Annual Seminar, Lima, Peru, 2011.
Keynote Speaker, Institution for Supply Management, Tempe, Arizona, 2008.
Keynote Speaker, International Conference on Large and Small Business Cooperation, Seoul, Republic of Korea, August 2007.
Malthus Lecture, Hertfordshire, England, October 2006.
Ely Heckscher Lecturer, Stockholm School of Economics, May 2005.
Invited Public Lecture. Rafael de Pino Fundacion, Madrid, Spain, September 2005.
Richard T. Ely Lecture, American Economic Association, January 2005.
Keynote Lecture, Center for Legal Dynamics, Kobe University, December 2003.
Distinguished Lecture, CORI, University of Missouri, April 2004.
Invited Lectures University of Iceland, May 2004.
Introductory Lecture, International Conference on Cooperative Economy, Muenster, Germany, September 2004.
Keynote Lecture, European Agricultural Economics Association, Ghent, Belgium, September 2003.
Simon Brand Memorial Lecture, Agricultural Economics Association of South Africa, October 2003.
Keynote Address, Nordic Workshop on Transaction Cost Economics, Bergen, Norway, June 2003.
Inaugural Telecom Distinguished Visiting Fellow, Institute of Policy Studies, Victoria University, New Zealand, March 2001.
Guest of Honor and Opening Speaker, "From Walras and Solow to Coase and Williamson," Autumn conference, Norwegian Economist Association, September 2000.
Distinguished Lecture, George Mason University, October 2000.
Inaugural Lecture, Law and Economics Program, University of Chile, August 2000.
Presidential Address, Western Economic Association, International, Vancouver, July 2000.
John von Neumann Lecture, Budapest, April 2000.
Keynote Address, Australian Agricultural and Resource Economics Society, Sydney, January 2000.
Opening Address, International Society for New Institutional Economics, Washington, D.C., September 1999.
Plenary Lecture, Western Economics Association, San Diego, July 1999.
Distinguished Lecture, Academy of Management, Chicago, August 1999.
Plenary Lecture, Italian Comparative Economic Systems Association, Siena, Italy, June 1999.
Invited Public Lecture, Academia Nacional de Cienciao de la Empressa, Buenos Aires, October 1998.
Keynote Lecture, 7th Biannual Joseph Schumpeter Society Conference, Vienna, Austria, June 1998.
Keynote Lecture, Conference on Competences, Governance, and Entrepreneurship, Bornholm, Denmark, June 1998.
Inaugural Lecturer, Distinguished Visiting Professor Lecture Series, Groupe HEC (Paris), three lectures, October 1997.
Keynote Lecture, 20th Anniversary, Faculty of Public Administration and Public Policy, Twente University, October 1996.
Keynote Lecture, III Seminar on Health Management, Grenada, Spain, November 1996.
Distinguished Scholar's Lecture, Indiana University, September 1996.
Keynote Lecture, European Law and Economics Association, Bern, Switzerland, September 1995.
Lecturer, Venice Summer School of Applied Social Sciences, Venice, Italy, September 1993.
Lecturer, University of the Air (Japan Open University), on "Economic Organization," as part of the TV program "A Study of Economic Civilization," October 1993.
Five Lectures on Transaction Cost Economics, Netherlands Graduate School of Economics, Maastricht, May 1993.
Kenneth Parsons Lecture on Institutional Economics, University of Wisconsin, Madison, September 1991.
Distinguished Economist Lecturer, New School for Social Research, April 1992.
Distinguished Visiting Professor, Scuola S. Anna, Pisa, May 1991.
Keynote Address, Conference on Corporate Governance and Competitive Strategy, University of Minnesota, October 1990.
Opening Address, Annual Meeting of German Academic Business Economists, June 1990.
Hanes Willis Distinguished Visiting Professor, University of North Carolina/Chapel Hill, March 1990.
Distinguished Speaker, Graduate School of Management, University of California, Irvine, January 1990.
Dunaway Lectures, Michigan State University, May 1988.
Lansdowne Lecture, University of Victoria, March 1988.
Holger Crafoords Memorial Lecture, Lund University, September 1987.
Keynote Lecture, International Association for Research in Industrial Economics (Madrid, Spain), August 1987.
National Program for Advanced Study and Research in China Visiting Scholar Exchange Program, May June 1987.
Distinguished Visitor, Haverford College, October 1986.
Jahnsson Foundation Lectures in Economics of Organization, Korpilampi, Finland, August 1986.
J. Fish Smith Chair in Economics, Brigham Young University, March 1986.
University Lecture, Temple University, April 1985.
McKay Lecture, University of Pittsburgh, February 1984.
Distinguished Visiting Scholar, Texas A&M, March 1984.
Peterkin Lecture, Rice University, February 1981.


Affiliate, Energy Resources Group, University of California, Berkeley, 1996 .
Adjunct Professor, Interuniversity Center for Sociological Theory and Methodology (General Secretariat: The Netherlands), 1990


Co editor, Journal of Law, Economics, and Organization, 1983 2003.
Honorary Founding Editor, Journal of Law, Economics, and Organization, 2003-.
Associate Editor Journal of Economic Behavior and Organization, 1979 2002.
Board of Editors: Journal of Accounting, Auditing, and Finance, 1986 .
MIT Press/Organization Studies, 1980 .
MIT Press/Regulation, 1980 .
Organization Science, 1990 .
Scientific Committee Journal of Industrial and Corporate Change, 1991


Member, Advisory Board, Division of Behavioral and Social Sciences and Education, National Academy of Sciences, 2006-.
Member, Advisory Board, Institute d'Economie Industrielle, Université des Sciences Sociales de Toulouse, 1992 .
Member, Advisory Board, Journal of St. Petersburg University, 1991 .
Member, Scientific Committee of the Erasmus Project in Law and Economics, 1990 .
Member, Committee of Patronage of the Erasmus Project in Law and Economics, 1990 .
Member, Overseas Advisory Board MITI (Research Institute), Japan, 1987 92 .


American Economic Association member, 1960-
chair, Honors and Awards Committee, 1985-1992
Vice President, 2001

International Society for New Institutional Economics
member, 1997-
director, 1997-2006
President-Elect, 1998-1999
President, 1999-2001

American Law and Economics Association
member, 1990-
President, 1997-98

Western Economics Association
member, 1995
President-Elect, 1998-99
President, 1999-2000


Assistant Professor of Economics, University of California, Berkeley, 1963 65.

University of Pennsylvania:
Associate Professor, 1965 68.
Professor, 1968 83.
Charles and William L. Day Professor of Economics and Social Science, 1977 83.
Chairperson, Department of Economics, 1971 72 and 1976 77.

Gordon B. Tweedy Professor of Economics of Law and Organization, Yale University, 1983 88.


Member of Academic Council, USC Schwarzenegger Institute, 2002-
Director, Center for the Study of Organizational Innovation, University of Pennsylvania, 1976 83.
Editor or Co editor, Bell Journal of Economics, 1974 77, 1979 81.
Consultant, National Science Foundation, 1976 77.
Panel Member, Food Safety Regulation and Societal Impact, National Academy of Sciences, 1978 79.
Consultant, Federal Trade Commission, 1978 80.
Chair, Academic Senate, University of California, Berkeley, 1995-96.
Committee Member, Supply Chain Integration, National Academy of Sciences/National Research Council, 1997-99.

Committee Member, Division of Behavioral and Social Sciences and Education, National Academy of Sciences, 2006-2010.


Economic Consultant, Mayor's Advisory Task Force on CATV and Telecommunications (New York City), 1967 68.
Consultant to the U.S. Department of Justice, 1967 69.
Special Economic Assistant to the Assistant Attorney General for Antitrust, U.S. Department of Justice, 1966 67.
Consultant to the RAND Corporation, 1964 66.
Member, Defense Science Board, 1978-1980

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Photo: Courtesy Dr.Williamson

Name: Oliver Eaton Williamson
Birth: 27 September, 1932, Superior, Wisconsin
Institution: University of California, Berkeley, CA, USA
Award: "For his analysis of economic governance, especially the boundaries of the firm"
Subject: Economics
Portion of cash: 1/2
Thesis: The economics of discretionary behavior: managerial objectives in a theory of the firm. Ford Foundation prize dissertation, 1967.
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