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.
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