Herbert A. Simon and the concept of rationality : boundaries and procedures
By: BARROS, Gustavo
.
Material type: 
ArticlePublisher: São Paulo : Editora 34, jul./set. 2010Revista de Economia Política = Brazilian Journal of Political Economy 30, 3, p. 455-472Abstract: This paper discusses Herbert A. Simons conception of rationality in two of its principal general definitions: bounded rationality and procedural rationality. It argues that the latter is the one that better synthesizes the authors view about rational behavior and that the former fills mainly a critical function. They are complementarily used by Simon in this sense. In spite of that, it is argued that it is the low degree of specificity of the concept of bounded rationality one of the reasons for its relatively greater success
This paper discusses Herbert A. Simons conception of rationality in two of its principal general definitions: bounded rationality and procedural rationality. It argues that the latter is the one that better synthesizes the authors view about rational behavior and that the former fills mainly a critical function. They are complementarily used by Simon in this sense. In spite of that, it is argued that it is the low degree of specificity of the concept of bounded rationality one of the reasons for its relatively greater success
v. 30, n. 3(119)
Click on an image to view it in the image viewer
There are no comments for this item.