This morning, I was so happy to hear Oliver Williamson won this year's Nobel prize in economics, together with Elinor Ostrom. I have been wanting and actively betting him to win over the last five years, at least. Now he finally got it. But I was a little surprised that Armen Alchian and Oliver Hart were not included, giving their equal contribution to the Firm Theory. Maybe they will be recognized later.
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Oliver Williamson finally got Nobel!
By Paul Deng in Uncategorized on .