---

Oliver E. Williamson [1932-0] American Economist
Quote rank: 107

---

The remediableness criterion is an effort to deal symmetrically with real world institutions, both public and private, warts and all. The criterion is this: an extant mode of organization for which no superior feasible form of organization can be described and implemented with expected net gains is presumed to be efficient.

---

Source

The script ran 0 seconds.