R. M. Cyert's research while affiliated with Carnegie Institute and other places

Publications (10)

Article
How do business organizations make decisions? What process do they follow in deciding how much to produce? And at what price? A behavioral theory of the firm is here explored. Using a specific type of duopoly, a model is written explicity as a computer program to deal with the complex theory implicit in the process by which businesses make decision...
Article
From an extended sequence of observations of decision making in three firms, four examples of how management uses expectations in making internal investment decisions are analyzed. The analysis suggests that although expectational data are an important element, they do not enter into the decisions in quite the way anticipated by standard theories o...

Citations

... Similarly, the field has found that part of the economic and non-economic relations often create a strong regionally and spatially anchored behavior, the consequence of the activities of entrepreneurs and family firms for regions, cities, provinces as well as the trajectories they create need to be better understood (Stough, Welter, Block, Wennberg, & Basco, 2015). Likewise, the central power position and discretion of the entrepreneur and of family firm owners often facilitates that his or her idiosyncratic perceptions, preferences and values shape the entrepreneurial organization far more, than for instance a CEOs could shape his or her organization in a classical corporation (Simon, 1947;Cyert & March, 1963). ...
... Basing public policy measures solely on normative economics may be a grave error. Business firms may be operating in such a way as to negate or at least severely reduce the impact of many policy measures (Baumol & Simon, 1963;Cyert & March, 1955). If so, then policy considerations must take into account both positive and normative aspects of economics. ...
... Ever since Coase (1937) and Williamson (1975), a more widely accepted theory of the firm has existed. It is at these points that the debates in economic theory shifted from defences of to more dynamic problems (Cyert and March, 1959). ...
... and Dijksterhuis et al (1999) push this argument further by suggesting that being 'on the edge of chaos' encourages the emergence of new 'management logics', driven more by principles of self-organisation than of command and control. This approach moves the argument some distance from the earliest treatments of behavioural theories of the firm by the likes of Cyert and March (1963), which emphasised the role of organisational slack, and of rules of thumb, based on satisficing heuristics [Simon (1957[Simon ( , 1972], rather than emergent processes and management logics. ...
... We organized the theoretical categories into aggregate third-order dimensions related to the search mode for the problem solutions. Here, we drew on the search literature (Augier & March, 2003;Cyert & March, 1963;Simon, 1955), the mode of search (backward-looking or forward-looking), and what triggered shifts in search modes (Gavetti & Levinthal, 2000). The third step in our analysis was to use the set of mechanisms in the case histories to identify distinct episodes based on the type of search mode used and whether there was a trigger for the shift in search mode (see Table 5). ...
... ěšnou strategii rozvoje učení v organizacích (srov. Ellström, Høyrup, 2007; aj.). Přestože se organizační učení ocitá ve středu pozornosti především až v posledních dekádách, jeho teorie se opírá i o řadu starších počinů, jako např. o některé významné příspěvky související s kybernetickými modely (akcent na systém, zpětnou vazbu apod. – srov. např. Cyert, March, 1963 ) a zejména o některé psychologické modely učení – učení s jednou smyčkou (single loop learning) a učení se dvěma smyčkami (double loop learning – srov. Argyris, Schön, 1974). V rámci modelu učení s jednou smyčkou se řeší problémy změnou postupu kroků nebo strategií tak, aby byl dosažen požadovaný výsledek. Nedochází přitom ke změně teo ...
... Strategic issues with a technical component, as in this case study, create knowledge demands that may not be present in all issues. In order to assemble the requisite technical expertise, issue sellers may choose to create a coalition (Cyert & March, 1959 in support of the issue. Potential responders, in turn, are faced with the twin decisions of whether to join the coalition and whether to speak on behalf of the new coalition to advance the issue. ...
... As noted above, a number of scholars have identified the routine as a candidate for the replicator [3,21] when studying organizational change. There are however many competing definitions for the routine [25], including recurrent interaction patterns or 'regular and predictable behavioral patterns' [5, p. 14], 'if–then' rules, heuristics, rules of thumb [26], standard operating procedures [27] and dispositions to express certain behavior [21]. Despite these differences most authors agree that routines are collective phenomena and involve multiple actors [26]. ...
... Pour lui, la recherche et l'enseignement allaient de pair. C'est ainsi qu'il participa au développement d'un jeu de simulation de gestion au Carnegie Institute of Technology (Cohen et al., 1960) afin de tester auprès de ses étudiants ses propositions de recherche concernant le rôle de la fonction financière. Les aspects financiers du jeu étaient modélisés de façon à voir si la fonction financière était une activité essentiellement passive en réponse aux besoins exprimés par la production ou si elle avait un rôle plus directif sur la gestion de la firme à travers la fixation de contraintes et d'objectifs financiers. ...