Richard M. Cyert

Richard M. Cyert was a distinguished economist and organizational theorist known for his work on how organizations and firms make decisions. He co-authored the influential book *Behavior of Business Organizations*, which introduced ideas about how companies operate within complex environments, balancing goals, resources, and conflicts. Cyert emphasized that decision-making in organizations is often limited by information, routines, and internal politics, rather than always being perfectly rational. His insights helped improve understanding of business strategy and management, influencing both academic research and practical approaches to running organizations effectively.