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Empiricism in Herbert Simon: “Administrative Behavior” within the evolution of the Models of Bounded and Procedural Rationality

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  • Alejandro Hortal

Abstract

This paper contextualizes Simon’s book, Administrative Behavior, within the evolution of his ideas arguing, contrary to what some have posited, that the common element that unites this book with the rest of Simon’s work is not the criticism of the classical approach, but an epistemological frame, based on an empirical methodology. This empiricism is the element that remained constant during his career and led him to introduce psychological factors when explaining the behavior of economic agents under his models of bounded and procedural rationality. JEL Classification: A11; D01; B52; B31; D21.

Suggested Citation

  • Alejandro Hortal, 2017. "Empiricism in Herbert Simon: “Administrative Behavior” within the evolution of the Models of Bounded and Procedural Rationality," Brazilian Journal of Political Economy, Center of Political Economy, vol. 37(4), pages 719-733.
    • Handle: RePEc:ekm:repojs:v:37:y:2017:i:4:p:719-733:id:156
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    Keywords

    Herbert A. Simon; bounded rationality; procederam rationality; empiricism.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory

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