The Economics of Governance英文资料.pdf

American Economic Association The Economics of Governance Author(s): Oliver E. Williamson Source: The American Economic Review, Vol. 95, No. 2, Papers and Proceedings of the One Hundred Seventeenth Annual Meeting of the American Economic Association, Philadelphia, PA, January 7-9, 2005 (May, 2005), pp. 1-18 Published by: American Economic Association Stable URL: /stable/4132783 Accessed: 12/10/2009 10:31 Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at /page/info/about/policies/terms.jsp. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /action/showPublisher?publisherCode=aea. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. American Economic Association is collaborating with JSTOR to digitize, preserve and extend access to The American Economic Review. T. RICHARD ELYLECTURE The Economicsof Governance By OLIVERE. WILLIAMSON* The economics of governanceis an effort to choice (prices and outp