Hardback
The Economics of Choice, Change and Organization
Essays in Memory of Richard M. Cyert
9781840643213 Edward Elgar Publishing
This collection of original essays has been commissioned especially for this volume in honour of the ideas and work of the late Richard M. Cyert who made a seminal contribution to the fields of industrial organization and change. In keeping with the range and significance of his work, the essays in this book examine the economics of decision making, uncertainty, information processing, learning, evolution and organizational structure.
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Critical Acclaim
Contributors
Contents
More Information
This collection of original essays has been commissioned especially for this volume in honour of the ideas and work of the late Richard M. Cyert who made a seminal contribution to the fields of industrial organization and change. In keeping with the range and significance of his work, the essays in this book examine the economics of decision making, uncertainty, information processing, learning, evolution and organizational structure.
The distinguished set of contributors discusses the following topics:
• behavioural and evolutionary theories of the firm
• cognitive factors in organization and economic action
• the place of rules in organizations
• learning from experience and from the knowledge of others
• selection in economic change
• the impact of information technology and the evolution of organizational forms.
This coherent and worthy collection emphasizes the adaptive nature of economic action and the links between economies and studies of human information processing and action. It will be essential reading for scholars with an interest in behavioural and adaptive economics, along with industrial organization.
The distinguished set of contributors discusses the following topics:
• behavioural and evolutionary theories of the firm
• cognitive factors in organization and economic action
• the place of rules in organizations
• learning from experience and from the knowledge of others
• selection in economic change
• the impact of information technology and the evolution of organizational forms.
This coherent and worthy collection emphasizes the adaptive nature of economic action and the links between economies and studies of human information processing and action. It will be essential reading for scholars with an interest in behavioural and adaptive economics, along with industrial organization.
Critical Acclaim
‘The present volume – a major tribute collection in memory of Richard Cyert, co-edited by James March, and containing a paper by the late Herbert Simon – provides a useful roadmap of the influences this group has had on both heterodox and more mainstream thought. . . this book belongs in every university library.’
– Richard N. Langlois, Journal of Economic Literature
‘This collection is useful reading for scholars working in behavioral and adaptive economics, as well as information processing and learning in organizations. Overall, the essays offer an overview of the state of the art in behavioral and evolutionary theories of the firm and some very interesting new insights.’
– Sampsa Samila, Administrative Science Quarterly
– Richard N. Langlois, Journal of Economic Literature
‘This collection is useful reading for scholars working in behavioral and adaptive economics, as well as information processing and learning in organizations. Overall, the essays offer an overview of the state of the art in behavioral and evolutionary theories of the firm and some very interesting new insights.’
– Sampsa Samila, Administrative Science Quarterly
Contributors
Contributors: M. Augier, J.A.C. Baum, C.S. Boerner, P. Bromiley, W.W. Cooper, R. Danell, R.H. Day, G. Dosi, M. Egidi, L. Engwall, L. Fleming, P. Ingram, S.-H. Kang, A. Kieser, U. Koch, P. Kumar, D.A. Levinthal, B.J. Loasby, F. Malerba, J.G. March, J.M. Mezias, A.S. Miner, R. Nelson, L. Orsenigo, J.L. Pierce, T. Rura-Polley, S.R. Salgado, S. Seshadri, Z. Shapira, H.A. Simon, W.H. Starbuck, D.J. Teece, O.E. Williamson, S.G. Winter
Contents
Contents: Preface Introduction Part I: Economics of Choice Part II: Information and the Cognitive Basis of Action Part III: Economics of Change Part IV: Economics of Organization Index