UC Berkeley Professor Oliver Williamson wins the 2009 Nobel Prize in Economics

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Press Conference
October 12, 2009

Williamson, the Edgar F. Kaiser Professor Emeritus of Business, Economics and Law at UC Berkeley's Haas School of Business and a professor of economics in the College of Letters and Science, shares the 2009 prize with Elinor Ostrom, a professor of political science and of public and environmental affairs at Indiana University in Bloomington.

Williamson was honored "for his analysis of economic governance, especially the boundaries of the firm." Ostrom, the first woman to win an economics Nobel, was cited "for her analysis of economic governance, especially the commons."

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