James G. March is Professor of Organizational Theory, Emeritus, Graduate School of Business; Professor of International Economics, Emeritus; Professor of Political Science and Professor of Sociology, School of Humanities and Sciences; Professor of Education (by courtesy), School of Education - Stanford University.

"The March collection is superb." Hans Pennings, Wharton School of Business, University of Pennsylvania.

• 1. Introduction 1Part I Decisions In Organizations 112. Understanding How Decisions Happen in Organizations 133. Continuity and Change in Theories of Organizational Action 394. Institutional Perspectives on Political Institutions (with Johan P. Olsen) 52Part II Learning In Organizations 735. Organizational Learning (with Barbara Levitt) 756. The Evolution of Evolution 1007. Exploration and Exploitation in Organizational Learning 1148. Learning from Samples of One or Fewer (with Lee S. Sproull, and Michal Tamuz) 1379. Adaptive Co-ordination of a Learning Team (with Pertti H. Lounamma) 15610. The Future, Disposable Organizations, and the Rigidities of Imagination 17911. The Myopia of Learning (with Daniel A. Levinthal) 193 Part III Risk Taking In Organizations 22312. Wild Ideas: The Catechism of Heresy 22513. Variable Risk Preferences and Adaptive Aspirations 22914. Variable Risk Preferences and the Focus of Attention (with Zur Shapira) 25115. Learning to Be Risk Averse 279Part IV The Giving and Taking of Advice 30516. Model Bias in Social Action 30717. Organizational Consultants and Organizational Research 32518. Organizational Performance as a Dependent Variable (with Robert I. Sutton) 33819. Science, Politics, and Mrs. Gruenberg 35520. Education and the Pursuit of Optimism 36321. A Scholar's Quest 376Index 380