Behavioral Theory of the Firm

Abstract

Modern institutionalism is represented by various schools and directions that study the firm as an economic institution.
Currently, there are more than 20 areas of the theory of the company, each of which is based on certain scientific
principles of research, methods and specific categorical apparatus. But both neoclassical and institutional approaches do
not cover all the diversity of the nature of the company, its internal structure and relationships with the external environment.
One of the areas of study of the complex world of decision making and company management is behavioral theory.