Herbert A. Simon
Herbert A. Simon
Herbert Alexander Simon, a Nobel Prize laureate, was an American political scientist, economist, sociologist, psychologist, and computer scientist whose research ranged across the fields of cognitive psychology, cognitive science, computer science, public administration, economics, management, philosophy of science, sociology, and political science, unified by studies of decision-making. With almost a thousand highly cited publications, he was one of the most influential social scientists of the twentieth century. For many years he held the post of Richard King Mellon Professor at...
NationalityAmerican
ProfessionEconomist
Date of Birth15 June 1916
CountryUnited States of America
Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of action that is satisfactory or 'good enough'.
By a combination of formal training and self study, the latter continuing systematically well into the 1940s, I was able to gain a broad base of knowledge in economics and political science, together with reasonable skills in advanced mathematics, symbolic logic, and mathematical statistics.