Knowra James G. March James G. March James G. March (1928–2018) was an American political scientist and organizational theorist whose research reshaped the study of organizational decision-making, learning, and behavior.
Bounded rationality : A model of decision-making in which limited information and cognitive capacity constrain rational choice. March used bounded rationality to explain why organizations satisfice rather than optimize.
Cyert and March : Richard Cyert and James G. March, collaborators who developed a behavioral account of the firm. Their joint work established the behavioral theory of the firm.
Herbert A. Simon : An American economist and political scientist whose work on bounded rationality transformed decision theory. Simon’s bounded-rationality framework shaped March’s account of organizational choice.
Garbage Can Theory : An account of organizational choice in which decisions emerge from shifting combinations of problems, solutions, participants, and opportunities. The theory challenged orderly, goal-driven accounts of how organizations make choices.
Organizational decision-making : The processes by which organizations identify problems, evaluate alternatives, and make choices. This broad subject frames March’s studies of choice inside complex organizations.
A Behavioral Theory of the Firm : A 1963 book by Richard Cyert and James G. March that models firms as adaptive organizations with conflicting goals. The book presents their foundational explanation of firm behavior.
Johan P. Olsen : A Norwegian political scientist known for institutional theory and research on public administration. Olsen collaborated with March on leadership, ambiguity, and institutional decision-making.
Institutionalism : A family of approaches explaining how institutions shape behavior, rules, and social outcomes. March’s work helped establish institutional analysis in political science and organization studies.
Behavioral theory of the firm : A theory explaining firms through routines, goals, bounded rationality, and adaptive responses to problems. March co-developed this account of how firms actually make decisions and adapt.
Organizations : Social systems that coordinate people and resources to pursue shared or negotiated goals. March treated organizations as the central setting for decision-making and learning.
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