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Discover the Best Books Written by Herbert A. Simon
Herbert A. Simon (1916–2001) was an American economist and political scientist who won the Nobel Memorial Prize in Economic Sciences in 1978 for his contributions to modern business economics and administrative research. He is widely associated with the theory of bounded rationality, which states that individuals do not make perfectly rational decisions because of both cognitive limits (the difficulty in obtaining and processing all the information needed) and social limits.
Simon earned his Ph.D. from the University of Chicago in 1943. After graduating, he worked in research and held teaching posts at a handful of universities before joining the Carnegie Mellon University faculty in 1949. He taught there for more than 50 years as a professor of administration, psychology, and computer science.
He also had a hand in the establishment of several of Carnegie Mellon's departments and schools, including the Graduate School of Industrial Administration, which is now known as the Tepper School of Business. In addition to the Nobel Memorial Prize in Economics, Simon received the A.M. Turing Award in 1975 for his work in computer science, including his contributions to the area of artificial intelligence.
He also won the U.S. National Medal of Science in 1986. Simon authored dozens of journal articles and 27 books during his lifetime, including "Administrative Behavior" (1947), "The Sciences of the Artificial" (1968), and "Models of Bounded Rationality" (1982).
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