Herbert A. Simon and the concept of rationality: boundaries and procedures

This paper discusses Herbert A. Simon's 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 author's view about rational behavior and that the former fills ma...

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Main Author:	Gustavo Barros
Format:	Article
Language:	English
Published:	Editora 34 2010-09-01
Series:	Brazilian Journal of Political Economy
Subjects:	Herbert A. Simon bounded rationality procedural rationality
Online Access:	http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000300006

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spelling	doaj-3e6c8f2cc50b43b3a406c8ec1f6751be2020-11-25T00:55:37ZengEditora 34Brazilian Journal of Political Economy0101-31571809-45382010-09-0130345547210.1590/S0101-31572010000300006Herbert A. Simon and the concept of rationality: boundaries and proceduresGustavo BarrosThis paper discusses Herbert A. Simon's 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 author's 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.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000300006Herbert A. Simonbounded rationalityprocedural rationality
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Gustavo Barros
spellingShingle	Gustavo Barros Herbert A. Simon and the concept of rationality: boundaries and procedures Brazilian Journal of Political Economy Herbert A. Simon bounded rationality procedural rationality
author_facet	Gustavo Barros
author_sort	Gustavo Barros
title	Herbert A. Simon and the concept of rationality: boundaries and procedures
title_short	Herbert A. Simon and the concept of rationality: boundaries and procedures
title_full	Herbert A. Simon and the concept of rationality: boundaries and procedures
title_fullStr	Herbert A. Simon and the concept of rationality: boundaries and procedures
title_full_unstemmed	Herbert A. Simon and the concept of rationality: boundaries and procedures
title_sort	herbert a. simon and the concept of rationality: boundaries and procedures
publisher	Editora 34
series	Brazilian Journal of Political Economy
issn	0101-3157 1809-4538
publishDate	2010-09-01
description	This paper discusses Herbert A. Simon's 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 author's 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.
topic	Herbert A. Simon bounded rationality procedural rationality
url	http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000300006
work_keys_str_mv	AT gustavobarros herbertasimonandtheconceptofrationalityboundariesandprocedures
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Herbert A. Simon and the concept of rationality: boundaries and procedures

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