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Herbert Simon y la economía organizacional
[Herbert Simon and the organizational economic]

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Author Info

  • Estrada, Fernando

Abstract

This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One of Simon’s main achievements in organizational theory consisted of analytically evaluating the psychology of individual and collective behaviour, thereby opening up the way for future investigation by D. Kahneman and T. Schelling.

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File URL: http://mpra.ub.uni-muenchen.de/20071/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 20071.

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Date of creation: 17 Sep 2006
Date of revision: 10 Jan 2007
Publication status: Published in Cuadernos de Economía 46.XXIV(2007): pp. 67-85
Handle: RePEc:pra:mprapa:20071

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Keywords: Herbert A. Simon; organization; limited rationality; decision theory; institutional economics;

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References

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  1. Simon, Herbert A., 2000. "Barriers and bounds to Rationality," Structural Change and Economic Dynamics, Elsevier, vol. 11(1-2), pages 243-253, July.
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Cited by:
  1. Estrada, Fernando, 2012. "Asymmetric information and financial markets," MPRA Paper 39025, University Library of Munich, Germany.
  2. Estrada, Fernando, 2010. "Theory of argumentation in financial markets," MPRA Paper 23932, University Library of Munich, Germany.
  3. Estrada, Fernando, 2010. "Información y persuasión en los mercados financieros
    [Information and persuasion in financial markets]
    ," MPRA Paper 20158, University Library of Munich, Germany.
  4. Estrada, Fernando, 2011. "Financial crises, asymmetric information and argumentation," MPRA Paper 35080, University Library of Munich, Germany.
  5. Daimer Higuita López, 2012. "Interiorización de las manifestaciones culturales en los miembros de la organización," REVISTA FACULTAD DE CIENCIAS ECONÓMICAS, UNIVERSIDAD MILITAR NUEVA GRANADA.

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