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Simon, Herbert A. (1916–2001)
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by
Steven
N.
Durlauf
and
Lawrence
E.
Blume
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Abstract
This article discusses how Simon's vision for behavioural economics (and social science generally) was found in the context of his early work in public administration and political science. It was strengthened as Simon proceeded to make contributions to economics, and found an intellectual home with the establishment of behavioural science in the 1950s.
Keywords
administrative theory; artificial intelligence; behavioural economics; bounded rationality; Carnap, R.; choice; computational capability; computer science; Cowles Commission; decision theory; econometrics; employment contracts; operations research; Organization theory; payoff function; perfect information; satisficing; Simon, H.
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How to cite this article
Augier, Mie. "Simon, Herbert A. (1916–2001)." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 23 May 2013 <http://www.dictionaryofeconomics.com/article?id=pde2008_S000455> doi:10.1057/9780230226203.1528
