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Ideas and work of Richard M. Cyert

Authors
Journal
Journal of Economic Behavior & Organization
0167-2681
Publisher
Elsevier
Publication Date
Volume
31
Issue
2
Identifiers
DOI: 10.1016/s0167-2681(96)00899-2
Keywords
  • Richard M. Cyert
  • Behavioral Theory Of The Firm
  • Bayesian Decision Theory
  • Statistical Sampling
Disciplines
  • Economics

Abstract

Abstract Richard M. Cyert's seminal contribution to economics is the development of behavioral theory of the firm. This theory has become an important plank in the bridge from economics to management. His other contributions include applications of Bayesian theory to economics, statistical sampling in accounting, experimental economics and developing an economic theory of stragetic management.

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