Oliver E. Williamson Quotes
Vertical intergration is an organizational response to the contracting difficulties that attend intermediate product markets where trades that are supported by transaction-specific assets are exposed to hazard.

Quotes to Explore
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Indians today are governed by two different ideologies. Their political ideal set in the preamble of the Constitution affirms a life of liberty, equality and fraternity. Their social ideal embodied in their religion denies them.
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As covetousness is the root of all evil, so poverty is the worst of all snares.
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Man's idea of God, and a God's collusion, is an essential part of the equation to wage war.
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Fortunately for me, it's my most favorite drill, and that is finishing. However, from a young age, soccer players in this country are not taught how to properly finish, and I think you see that through the professional ranks, that we don't have that killer instinct of the forwards from other countries.
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I tweeted once, and I still stick to this, that I would love to marry a Croatian girl. I want my children to speak Croatian first, and for them to do that, we need someone who speaks very good Croatian.
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People don't like to vote against something that's so incredibly popular.
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The dearest friend on earth is a mere shadow compared to Jesus Christ.
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You can't bank on the outcome.
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If I had had a chance to tour with Van Halen before the record, I think it would have been a different record.
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I have yet to see one completely unspoiled star, except for Lassie.
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I still can't believe I danced with Gene Kelly. How lucky am I that I've been in movies where I've danced with two of the greatest dancers of all time - with Gene Kelly and John Travolta.
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One in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a wage.
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Creative output, you know, is just pain. I'm going to be cliche for a minute and say that great art comes from pain.
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Why do you need to do a fancy cartwheel for before you hit him? It just looks stupid.
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If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.
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Pour a liquid out of its container, and it changes shape, fills the space you give it. If you give children a lot of space, it may surprise you where they'll go and the shape they'll take.
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Desire creates its own object.
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In Czechoslovakia in 1968, communist reformers appealed to democratic ideals that were deeply rooted in the country's pre-second world war past.
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Good listeners, like precious gems, are to be treasured.
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Drama starts where logic ends.
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Each multiplex has screens allocated to each studio. The screens need filling. Studios have to create product to fill their screen, and the amount of good product is limited.
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I believe all Southern liberals come from the same starting point--race. Once you figure out they are lying to you about race, you start to question everything.
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Vertical intergration is an organizational response to the contracting difficulties that attend intermediate product markets where trades that are supported by transaction-specific assets are exposed to hazard.