The labor-managed firm, Oliver Williamson, and me
作者回顾了30多年前与威廉姆森关于交易成本经济学的辩论，聚焦劳动管理型企业的效率与市场失灵解释，并讨论区分两种理论的实证证据和政策干预。
Abstract More than 30 years ago, I engaged in a debate with Oliver Williamson over the theoretical structure of transaction cost economics (TCE). This debate had its origins in our conflicting views of the labor-managed firm (LMF). Williamson believed that such firms were rare due to their inefficiency while I believed they might be rare due to market failures. Here I clarify my criticisms of TCE and contrast Williamson's view of the LMF with my own approach. I discuss empirical evidence that can distinguish between these two approaches and take up Williamson's challenge to identify policy interventions that could yield net social gains.