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CONTENTS
Who is Herbert Simon ?
Educational career
Professional career
Herbert’s achievements
Nobel Memorial Prize in Economics
Simon’s model of making decision
Organization Theory
Conclusion
Who is Herbert Simon ?
American economist, sociologist, psychologist, and computer scientist.
he was one of the most influential social scientists of the twentieth century.
Simon was among the founding fathers of several of today's important scientific
domains, including artificial intelligence, information
processing, decision-making, problem-solving, attention
economics, organization theory, complex systems, and computer simulation
of scientific discovery.
Educational career
Herbert Simon received an excellent general education from the public elementary and high schools in Milwaukee.
By the time he was ready to enter the University of Chicago, in 1933.
Discussion and debate
Science Departmen
t
economics and political
science
social sciences
Professional career
He had the chance to work as a research assistant for Clarence Ridley.
Simon served as the director of a research group at the University of California, Berkeley from 1939-1942.
He joined the faculty of Illinois Institute of Technology.
He was made the chairman of the department of political science.
He was also professor of administrations and chairman of the Carnegie Mellon University.
Herbert’s achievements
He won the Nobel in economics in 1978. He won the A. M. Turing Award in 1975.
He won the National Medal of Science in 1986.
He was awarded the American Psychological Association's award in 1993.
He was given awards by the International Joint Conferences on Artificial Intelligence and the American Society of Public
Administration in 1995.
He received his doctorate from the University of Chicago in 1943.
Herbert’s achievements
He published 27 books, of which the best known today are "Models of Bounded Rationality" (1997), "Sciences of the Artificial"(1996) and "Administrative
Behavior"(1997).
In 1991 he published his autobiography, "Models of My Life“.
Nobel Memorial Prize in Economics
NOBEL PRIZE : 1978
SATISFICING
BOUNDED RATIONALITY
LIMITATIONS OF :
- TIME- KNOWLEDGE- COGNITIVE CAPABILITIES
Nobel Memorial Prize in Economics
Herbert won the prize in 1978 in economics sciences . He applied psychological ideas to economic theorizing.
He argued that human rationality is constrained, not perfect.
Simon saw people’s rationality as “bounded.” Because getting information about alternatives is costly,
and because the consequences of many possible decisions cannot be known anyway, argued Simon, people cannot act the way economists
assume they act.
Simon’s Model of Decision Making
It is the process of selecting among alternatives.
Feedback
The intelligence
phase
The choice phase
The design phase
Simon’s Model of Decision Making
The Intelligence phase : Consists of searching the environment for conditions calling for decision making.
The design phase : During this phase, inventing, developing, and analyzing possible courses of action take place.
The choice phase : This is the actual choice - selecting a particular course of action from among those variables.