Oliver Williamson, the Nobel Prize Winner of 2009 in Economics, was appointed as an Honorary Professor of Tsinghua University on June 29 and delivered a speech titled "Transaction Cost Economics in Historical Perspective (and the Road to the Nobel Prize)" during his visit.

Professor Williamson was awarded the Nobel Prize in Economics in 2009 together with Elinor Ostrom for “his analysis of economic governance, especially the boundaries of the firm.”

Vice President Yuan Si presented the appointment letter to Professor Williamson.

(From School of Economics and Management)