Herbert Alexander Simon

Professional Background: Herbert A. Simon was born in 1916 in Milwaukee, Wisconsin. He began his career at the Cowles Commission. In 1978 he was a Nobel Laureate in Economics. He is currently serving as a Richard King Mellon University Professor of Computer Science and Psychology at Carnegie Mellon University.

Significant Contributions to the Field: Herbert A. Simon is an early authority on uses of computers in business management. His pioneering research into the decision-making process within economic organizations led to his receiving the Nobel Prize. In 1949 he unveiled the "Hawkins-Simon" conditions for non-negative square matrices. With most of his attention focused on decision-making, he developed a behavioral theory based on "bounded rationality."

Selected Bibliography:

Simon, H.A. Administrative behavior. New York: MacMillan, 1947.

Simon, H.A. & Hawkins, D. "Some conditions of macroeconomic stability", Econometrica, 1949.

Simon, H.A. A behavior model of rational choice. Quarterly Journal of Economics 69, 89-118. Simon, H.A. Models of man. New York: Wiley, 1957.

Simon, H.A. & March, J.G. Organizations. New York: Wiley, 1957.

Simon, H.A. The new science of management decision. New York: Harper & Rowe, 1960. Simon, H.A. The science of the artificial. Cambridge, MA: MIT Press, 1969