Transaction cost and economic governance
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Transaction cost and economic governance

Learn the most known research of Oliver E. Williamson - Laureate of Nobel Prize in Economic Sciences 2010
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2 students enrolled
Last updated 6/2017
English
Current price: $10 Original price: $20 Discount: 50% off
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Includes:
  • 30 mins on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • explain the most known research of Nobel Prize Laureate Oliver E. Williamson
  • explain the concepts of institutions and transaction cost
  • elaborate on the development of modern firm theory
  • compare two most important modes of transactions’ organization that is market and firm
View Curriculum
Requirements
  • No specific requirements
Description

Oliver E. Williamson, the Nobel Prize in Economic Sciences 2009 Laureate, had a great influence on the new institutional economy development. The lecture is concentrated on his most known research fields i.e. transaction cost and economic governance. It shows clearly the changes Williamson introduced compared to traditional economic theory, as it is necessary if we want to understand his research properly. Then it explains the concepts of institutions and transaction cost. It also illustrates the development of modern firm theory. Why do they exist? How are they organized? Why do they integrate? Finally it describes briefly further development in economic science and practical meaning of Williamson’s research.

Who is the target audience?
  • Students
  • Managers
  • All interested in economics
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Curriculum For This Course
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Nobel Prize 2010 - Oliver Williamson - Transaction cost and economic governance
6 Lectures 30:21



Remarks on transaction cost
05:33

Economic governance
09:40

Summary
00:50
About the Instructor
Katarzyna Bentkowska
3.0 Average rating
1 Review
14 Students
2 Courses
PhD in economic sciences

Education:

  • 2011, PhD in economic sciences from Warsaw School of Economics
  • 2005, Master degree in International Affairs
  • 2005, Master degree in Finance and Banking

Professional experience:

  • 2014-now, Associate Professor at Warsaw School of Economics
  • 2006-2012, Assistant at Warsaw School of Economics, Strategic Management Department
  • 2005-2006, Economist at Ministry of Economic Affairs of Poland

Scientific interests:

  • Transactional costs
  • Foreign expansion of companies
  • Institutions
  • Knowledge in the internationalization process
  • European Union support for Small and Medium Enterprises

Research projects:

  • European Union programs for internationalization of Polish enterprises
  • Knowledge as a factor of transaction costs optimization
  • Transaction costs in exports

Languages:

  • Polish (native)
  • English (fluent)
  • German (fluent)
  • Spanish (basic)