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Herbert A. Simon and the Concept of Rationality: Boundaries and Procedures
[Herbert A. Simon e o conceito de racionalidade: Limites e procedimentos]

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  • Gustavo Barros

    (UFJF - Universidade Federal de Juiz de Fora)

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

  • Gustavo Barros, 2007. "Herbert A. Simon and the Concept of Rationality: Boundaries and Procedures [Herbert A. Simon e o conceito de racionalidade: Limites e procedimentos]," Working Papers hal-03018353, HAL.
    • Handle: RePEc:hal:wpaper:hal-03018353
    Note: View the original document on HAL open archive server: https://hal.science/hal-03018353
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    Cited by:

    1. Dewey Wollmann & Maria Teresinha Arns Steiner, 2017. "The Strategic Decision-Making as a Complex Adaptive System: A Conceptual Scientific Model," Complexity, Hindawi, vol. 2017, pages 1-13, January.

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