Fear prudence: Hobbes and Williamson on the morality of contracting

Journal of Economic Issues

Volumn 38, Issue 4, 2004, Pages 1021-1036

  Holt, Robin ^a  

^a MANCHESTER METROPOLITAN UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 11244287653     PISSN: 00213624     EISSN: None     Source Type: Journal    
DOI: 10.1080/00213624.2004.11506755     Document Type: Article

References (34)

1. Argyres, Nicholas, and Julia Porter. "Contractual Commitments, Bargaining Power, and Governance Inseparability: Incorporating History into Transaction Cost Theory." Academy of Management Review 24, no. 1 (1999): 49-63.
2. Colander, David. "New Institutionalism, Old Institutionalism, and Distribution Theory." Journal of Economic Issues 30, no. 2 (1996): 433-442.
3. Foss, Nicolai. "Bounded Rationality in the Economics of Organization." Journal of Economic Psychology 24 (2003): 245-264.
4. Foster, John. "Is There a Role for Transaction Cost Economics if We View Firms as Complex Adaptive Systems?" Contemporary Economic Policy 18, no.4 (2000): 369-386
5. Ghoshal, Smantra, and Peter Moran. "Bad for Practice: A Critique of Transaction Cost Theory." Academy of Management Review 21, no. 1 (1996): 13-47.
6. Gonce, Richard. "John R Commons' 'Five Big Years': 1899-1904." American Journal of Economics and Sociology 61, no. 4 (2002): 755-777.
7. Hobbes, Thomas. Leviathan, edited by Richard Tuck. Cambridge: Cambridge University Press, 1991.
8. Hodgson, Geoffrey. "What Is the Essence of Institutional Economics?" Journal of Economic Issues 34, no. 2 (2000): 317-329.
9. _. "Competence and Contract in the Theory of the Firm." Journal of Economic Behaviour and Organization 35 (1998): 179-201.
10. Holstrom, Bengt, and John Roberts. "The Boundaries of the Firm Revisited." The Journal of Economic Perspectives 12, no. 4 (1998): 73-94.
11. Kaufman, Bruce. "The Organization of Economic Activity: Insights from the Institutional Theory of John R Commons." Journal of Economic Behaviour, 52 (2003): 71-96.
12. Miller, Ted. "Oakeshott's Hobbes and the Fear of Political Rationalism." Political Theory 29, no. 6 (2001): 806-832.
13. Nonaka, Ikujiro, and Hirotaka Takeuchi. The Knowledge-Creating Company. Oxford: OUP, 1995.
14. Ouchi, William. "Markets, Bureaucracies, and Clans." Administrative Science Quarterly 29 (1980): 125-141.
15. Pfeffer, Jeffrey. New Directions for Organization Theory. Oxford: Oxford University Press, 1996.
16. Pitelis, Christos."Transaction Costs Economics: Some Problems. " Journal of Economic Issues 32, no. 4 (1998): 999-1018.
17. Pratten, Stephen. "The Nature of Transaction Cost Economics." Journal of Economic Issues 31, no. 3 (1997): 781-803.
18. Selinick, Philip. "Institutionalism 'Old' and 'New.'" Administrative Science Quarterly 41, no. 2 (1996): 270-277.
19. Simon, Herbert. "Organizations and Markets." Journal of Economic Perspectives 5, no. 2 (1991): 25-44.
20. _. "Rational Decision Making in Business Organizations." American Economic Review 69 (1979): 493-513.
21. Skinner, Quentin. Reason and Rhetoric in the Philosophy of Hobbes. Cambridge: Cambridge University Press, 1996.
22. Slater, Gary, and David Spencer. "The Uncertain Foundations of Transaction Cost Economics." Journal of Economic Issues 34, no. 1 (2000): 61-87.
23. Smyth, Russell. "New Institutional Economics in the Post-Socialist Transformation Debate." Journal of Economic Surveys 12, no. 4 (1998): 361-398.
24. Spekĺ, Roland. "Explaining Management Control Structure Variety: A Transaction Cost Economics Perspective." Accounting, Organizations, and Society 26, nos. 4-5 (2001): 419-441
25. Stevenson, Rodney. "An Ethical Basis for Institutional Economics." Journal of Economic Issues 36, no. 2 (2002): 263-277.
26. Thalos, Mariam. "Searle's Foole: How a Constructionist Account of Society Cannot Substitute for a Causal One." The American Journal of Economics and Sociology 62, no. 1 (2003):103-122.
27. Watkins, John. "Towards a Reconsideration of Social Evolution Symbiosis and Its Implications for Economics." Journal of Economic Issues 32, no. 1 (1998): 87-105.
28. Weick, Karl. Sense Making in Organizations. London: Sage, 1995.
29. Williamson, Oliver. "Public and Private Bureaucracies: A Transaction Cost Economics Perspective." Journal of Law, Economics, and Organization 15, no. 1 (1999): 306-342.
30. _. "The Institutions of Governance." American Economic Review 88, no. 2 (1998): 75-79.
31. _. Economic Organization. Brighton: Wheatsheaf, 1986.
32. _. The Economic Institutions of Capitalism. New York: Free Press, 1985.
33. _. Markets and Hierarchies. New York: Free Press, 1975.
34. Wittgenstein, Ludwig. Philosophical Investigations. Oxford: Basil Blackwell, 1953.