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March'ing towards “a behavioral theory of the firm” James G. March and the early evolution of behavioral organization theory

March'ing towards “a behavioral theory of the firm” James G. March and the early evolution of... While the history of modern ideas in business education in general, and organization theory and organizational economics in particular, has several different intellectual roots, two books in particular were influential in initiating the field that is now broadly recognized as behavioral theories of organizations: A Behavioral Theory of the Firm , written by Richard Cyert and James G. March; and Organizations , written by Herbert Simon and James March. These two books set the stage for several subsequent developments in organization and management theory including research in learning, strategic management, and organizational routines. The behavioral view of the firm was also important to modern developments such as evolutionary theory and transaction cost economics. This paper examines part of this history and development, focusing in particular on the contributions of March. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Management Decision Emerald Publishing

March'ing towards “a behavioral theory of the firm” James G. March and the early evolution of behavioral organization theory

Management Decision , Volume 42 (10): 12 – Dec 1, 2004

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Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0025-1747
DOI
10.1108/00251740410568953
Publisher site
See Article on Publisher Site

Abstract

While the history of modern ideas in business education in general, and organization theory and organizational economics in particular, has several different intellectual roots, two books in particular were influential in initiating the field that is now broadly recognized as behavioral theories of organizations: A Behavioral Theory of the Firm , written by Richard Cyert and James G. March; and Organizations , written by Herbert Simon and James March. These two books set the stage for several subsequent developments in organization and management theory including research in learning, strategic management, and organizational routines. The behavioral view of the firm was also important to modern developments such as evolutionary theory and transaction cost economics. This paper examines part of this history and development, focusing in particular on the contributions of March.

Journal

Management DecisionEmerald Publishing

Published: Dec 1, 2004

Keywords: Behavioural economics; Organizational theory; Management history; Business studies

References