Herbert A. Simon

An American economist and social scientist who won the Nobel Memorial Prize in Economics in 1978 for his contributions to modern business economics. Herbert Alexander Simon's theory of bounded rationality says that individuals do not make perfectly rational decisions because of the difficulty of obtaining all the information needed to do so.

Simon was born in 1916 in Milwaukee and died in 2001. He earned his Ph.D. from the University of Chicago and taught computer science and psychology at Carnegie Mellon University. His research also focused on artificial intelligence and computer technology. The efficient market hypothesis centers around how much information an investor has to make a decision.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Herbert A. Simon — Herbert Simon Pour les articles homonymes, voir Simon. Herbert Simon Herbert Simon vers 2000 …   Wikipédia en Français

  • Herbert Alexander Simon — Herbert Simon Pour les articles homonymes, voir Simon. Herbert Simon Herbert Simon vers 2000 …   Wikipédia en Français

  • Herbert Alexander Simon — Herbert Alexander Simon …   Wikipedia Español

  • Herbert A. Simon — noun United States economist and psychologist who pioneered in the development of cognitive science (1916 2001) • Syn: ↑Simon, ↑Herb Simon, ↑Herbert Alexander Simon • Instance Hypernyms: ↑economist, ↑economic expert, ↑psychologist …   Useful english dictionary

  • Herbert Alexander Simon — noun United States economist and psychologist who pioneered in the development of cognitive science (1916 2001) • Syn: ↑Simon, ↑Herb Simon, ↑Herbert A. Simon • Instance Hypernyms: ↑economist, ↑economic expert, ↑psychologist …   Useful english dictionary

  • Wirtschaftsnobelpreis 1978: Herbert Alexander Simon —   Dem amerikanische Sozialwissenschaftler Herbert Alexander Simon wurde der Nobelpreis für die »Erforschung von Entscheidungsfindungsprozessen in wirtschaftlichen Organisationen« verliehen.    Biografie   Herbert Alexander Simon, * Milwaukee… …   Universal-Lexikon

  • Herbert Simon — Herbert Alexander Simon (* 15. Juni 1916 in Milwaukee/Wisconsin, USA; † 9. Februar 2001 Pittsburgh, Pennsylvania) war einer der einflussreichsten Sozialwissenschaftler des 20. Jahrhunderts. Im Jahr 1978 erhielt er den Wirtschaftsnobelpreis „für… …   Deutsch Wikipedia

  • SIMON, HERBERT ALEXANDER — (1916–2001), U.S. political scientist; authority on public administration, Nobel laureate. Born in Milwaukee, Wisconsin, Simon received his Ph.D. in political science from the University of Chicago (1943). In 1949 he was appointed professor of… …   Encyclopedia of Judaism

  • SIMON (H. A.) — SIMON HERBERT ALEXANDER (1916 ) Prix Nobel d’économie en 1978, Herbert A. Simon, né aux États Unis en 1916, a introduit l’analyse du comportement humain dans la science économique. Son apport fondamental réside dans la critique de la vision de… …   Encyclopédie Universelle

  • Herbert Simon — Infobox Scientist name = Herbert Simon image size = 180px birth date = birth date|1916|6|15|mf=y birth place = Milwaukee, Wisconsin, USA death date = death date and age|2001|2|9|1916|6|15|mf=y death place = Pittsburgh, Pennsylvania, USA… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.