R
Richard M. Cyert
Researcher at Carnegie Institution for Science
Publications - 27
Citations - 28053
Richard M. Cyert is an academic researcher from Carnegie Institution for Science. The author has contributed to research in topics: Theory of the firm & Behavioral economics. The author has an hindex of 22, co-authored 27 publications receiving 27755 citations. Previous affiliations of Richard M. Cyert include London Business School.
Papers
More filters
Book
A Behavioral Theory of the Firm
Richard M. Cyert,James G. March +1 more
TL;DR: In this paper, the authors present an overview of basic concepts in the Behavioral Theory of the Firm, and present a specific price and output model for a specific type of products. But they do not discuss the relationship between the two concepts.
Journal ArticleDOI
A Behavioral Theory of the Firm.
Posted Content
A Behavioral Theory of the Firm
Richard M. Cyert,James G. March +1 more
TL;DR: In this article, the authors advocate a theory based on empirical observation of actual firm decision-making, which provides a theory of decision making within business organizations, contrary to the economic theory of the firm, which sees firms as profit-maximizing entities.
Journal ArticleDOI
Rational Expectations and Bayesian Analysis
TL;DR: In this article, the authors develop models that describe the process by which rational expectations may be developed within a market and introduce the concept of Bayesian learning, where consistent and rational expectations are introduced in models where the firms cannot immediately move to equilibrium.