Herbert Simon Rationalistic Theory of Decision Making
DOI:
https://doi.org/10.32628/IJSRST523103184Keywords:
Nobel Prize for Economics, Theory of Decision MakingAbstract
As Public Administration has gained importance in the modern times, so has been the case of behaviour of administrators. Main contribution of Herbert Simon is that his views over administrative behaviour has gained worldwide recognition. His contribution is noteworthy in developing rationalistic theory of decision making. He focused on the decision-making capacity in Administration by pointing out three steps in decision making process. Simon insisted upon ‘rationality’ in the decision-making process. Herbert Simon was awarded the Nobel Prize for Economics in 1978.
References
- Simon, H. A. (1947), Administrative behavior. New York, NY: Macmillan.
- Simon, H. A. (1955), A behavioral model of rational choice. Quarterly Journal of Economics, 59, 99–118.
- Ibid.
- Ibid.
- Simon, H. A. (1956), Rational choice and the structure of the environment. Psychological Review, 63, 129–138.
- Ibid.
- Ibid.
- Simon, H. A. (1957), Models of man, social and rational: Mathematical essays on rational human behavior. New York: Wiley.
- Simon, H. A. (1969), The sciences of the artificial. Cambridge, MA: MIT Press.
- Simon, H. A., & Gobet, F. (2000), Expertise effects in memory recall: Comments on Vicente and Wang (1998). Psychological Review, 107, 593-600.
- Simon, H. A. (1956), op.cit.
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2023-06-30
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[1]
Mazedur Rahman "Herbert Simon Rationalistic Theory of Decision Making" International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011,Volume 10, Issue 3, pp.1117-1120, May-June-2023. Available at doi : https://doi.org/10.32628/IJSRST523103184