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Herbert Simon: bounded rationality y teoría de las organizaciones
[Herbert Simon: bounded rationality and organizations theory]

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  • 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.

Suggested Citation

  • Estrada, Fernando, 2012. "Herbert Simon: bounded rationality y teoría de las organizaciones [Herbert Simon: bounded rationality and organizations theory]," MPRA Paper 38686, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:38686
    as

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    File URL: https://mpra.ub.uni-muenchen.de/38686/1/MPRA_paper_38686.pdf
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    References listed on IDEAS

    as
    1. Peter E. Earl (ed.), 2001. "The Legacy of Herbert Simon in Economic Analysis," Books, Edward Elgar Publishing, volume 0, number 1201.
    2. Martin Beckenkamp, 2004. "Is there an optimization in bounded rationality? The ratio of aspiration levels," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2004_15, Max Planck Institute for Research on Collective Goods.
    3. Frantz, Roger, 2003. "Herbert Simon. Artificial intelligence as a framework for understanding intuition," Journal of Economic Psychology, Elsevier, vol. 24(2), pages 265-277, April.
    4. Massimo Egidi & Luigi Marengo, 2002. "Cognition, institutions, near decomposability: rethinking Herbert Simon's contribution," CEEL Working Papers 0206, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Herbert Simon; Bounded rationality; Organizaciones; Racionalidad Limitada; Teoría de las Decisiones; Economía Institucional;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
    • D2 - Microeconomics - - Production and Organizations
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D20 - Microeconomics - - Production and Organizations - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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