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Herbert A. Simon e o conceito de racionalidade: limites e procedimentos
[Herbert A. Simon and the concept of rationality: boundaries and procedures]

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  • Barros, Gustavo

Abstract

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.

Suggested Citation

  • Barros, Gustavo, 2007. "Herbert A. Simon e o conceito de racionalidade: limites e procedimentos [Herbert A. Simon and the concept of rationality: boundaries and procedures]," MPRA Paper 71508, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:71508
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    References listed on IDEAS

    as
    1. Esther-Mirjam Sent, 2005. "Simplifying Herbert Simon," History of Political Economy, Duke University Press, vol. 37(2), pages 227-232, Summer.
    2. Matthias Klaes & Esther-Mirjam Sent, 2005. "A Conceptual History of the Emergence of Bounded Rationality," History of Political Economy, Duke University Press, vol. 37(1), pages 27-59, Spring.
    3. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
    4. Herbert A. Simon, 1978. "On How to Decide What to Do," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 494-507, Autumn.
    5. Antonio Maria da Silveira, 1994. "Aplicabilidade de teorias: micro-neoclássica e estratégia empresarial," Brazilian Journal of Political Economy, Center of Political Economy, vol. 14(2).
    6. Sent, Esther-Mirjam, 1997. "Sargent versus Simon: Bounded Rationality Unbound," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 21(3), pages 323-338, May.
    7. Antonio Maria da Silveira, 1994. "Aplicabilidade de teorias: micro-neoclássica e estratégia empresarial," Brazilian Journal of Political Economy, Center of Political Economy, vol. 14(2), pages 53-76.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Herbert A. Simon; bounded rationality; procedural rationality;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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