Herbert Simon

Herbert Simon was an American economist, political scientist, and cognitive psychologist, known for his contributions to a number of fields, including artificial intelligence, cognitive psychology, computer science, public administration, and economics. He received the Nobel Prize in Economics in 1978 for his pioneering research into the decision-making process within economic organizations. His work on bounded rationality and satisficing has had a profound impact on both social sciences and the field of artificial intelligence.

Books

This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.

  1. 1. Models Of Man, Social And Rational

    "Models of Man, Social and Rational" is a seminal work in the field of behavioral economics and decision-making theory that challenges the traditional notion of humans as perfectly rational agents. Instead, the book proposes a more realistic view of human behavior, acknowledging the limitations of our cognitive abilities and the influence of social and emotional factors on our decisions. The author introduces the concept of bounded rationality, suggesting that individuals make satisficing choices rather than optimizing ones due to the complexity of the world and the constraints on our mental processing. This groundbreaking perspective has profound implications for economics, psychology, and artificial intelligence, offering a more nuanced understanding of human behavior in various contexts.

    The 3262nd Greatest Book of All Time