Contingency, Validity, and Consent: A Critique of Power in Williamson’s Transaction Cost Economics
View Dublin Core Metadata
|
Title:
|
Contingency, Validity, and Consent: A Critique of Power in Williamson’s Transaction Cost Economics |
|
Author:
|
Sanchez, David V.
|
|
Advisor:
|
Gould, Mark
|
|
Department:
|
Haverford College. Dept. of Sociology |
|
Type:
|
Thesis (B.A.) |
|
Issue Date:
|
2010 |
|
Abstract:
|
In his Transaction Cost Economics, Oliver Williamson conceptualizes power as hierarchical fiat that is obeyed by agents out of their self-interest. This conception of power is consistent with the neoclassical nature of his
theory, but it means that he cannot understand the motivation of consummate performance in the workplace (and hence the solution to the principal-agent problem), the constitution of valid power that is obeyed by an agent even
when it is not in her self-interest, or the importance of reduced complexity for the successful operation of power. In contrast, conceptualizing power as a generalized medium of communication allows one to better understand the
operation of power within the firm. |
|
Subject:
|
Industrial management
|
|
Subject:
|
Power (Social sciences)
|
|
Subject:
|
Williamson, Oliver E. Markets and hierarchies, analysis and antitrust implications
|
|
Subject:
|
Williamson, Oliver E. -- Criticism and interpretation
|
|
Terms of Use:
|
http://creativecommons.org/licenses/by-nc/3.0/us/
|
|
Permanent URL:
|
http://hdl.handle.net/10066/4920
|
Files in this item
Citation
Sanchez, David V..
"Contingency, Validity, and Consent: A Critique of Power in Williamson’s Transaction Cost Economics".
2010. Available electronically from
http://hdl.handle.net/10066/4920.
This item appears in the following Collection(s)
View Dublin Core Metadata