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Economics, Bounded Rationality and the Cognitive Revolution (Paperback)
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Economics, Bounded Rationality and the Cognitive Revolution (Paperback)
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The purpose of this book is to publish the ideas of the late
Herbert Simon and sympathetic economists, on the subject of bounded
rationality, economics, cognitive science and related disciplines,
and to reprint some of Professor Simon's classic papers which have
appeared in journals not widely read by economists. Not only on
account of his Nobel Prize in Economics, but also because of the
widespread applications of his ideas and theories, it is especially
valuable to readers to have a book of this kind at the present
time. Currently in this whole field, there is increasing emphasis
on computer-related theory building. Herbert Simon, beginning from
the time when microcomputers did not exist, was a pioneer of this
approach. The book begins with an edited transcript of a
colloquium, held between Herbert Simon and a group of Italian
economists in Italy in 1988. It continues with the reprinted Simon
papers and papers by three scholars, Raymond Boudon, Massimo Egidi
and Riccardo Viale coming from different disciplines but holding a
common interest in bounded rationality and ends with a response by
a sympathetic economist, Robin Marris.
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