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Herbert Simon

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"All that most economists know about Herbert Simon is that he wrote about bounded rationality and organizational behavior."
--
Mie Augier, James G. March (2004) Models of a Man: Essays in Memory of Herbert A. Simon. p.259

 
Herbert Simon

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"... the first consequence of the principle of bounded rationality is that the intended rationality of an actor requires him to construct a simplified model of the real situation in order to deal with it. He behaves rationally with respect to this model, and such behavior is not even approximately optimal with respect to the real world. To predict his behavior we must understand the way in which this simplified model is constructed, and its construction will certainly be related to his psychological properties as a perceiving, thinking, and learning animal."

 
Herbert Simon
 

"Herbert A. Simon's scientific output goes far beyond the disciplines in which he has held professorships: political science, administration, psychology and information sciences. He has made contributions in the fields of science theory, applied mathematics, statistics, operations research, economics and business and public administration (and), in all areas in which he has conducted research, Simon has had something of importance to say."

 
Herbert Simon
 

In 1879, American economist Francis Walker tried to explain why members of his profession were in such "bad odor amongst real people". He blamed it on their inability to understand why human behavior fails to comply with economic theory. We do not always act the way economists think we should, mainly because we're both less selfish and less rational than economists think we are. Economists are being indoctrinated into a cardboard version of human nature, which they hold true to such a degree that their own behavior has begun to resemble it. Psychological tests have shown that economics majors are more egoistic than the average college student. Exposure in class after class to the capitalist self-interest model apparently kills off whatever prosocial tendencies these students have to begin with. They give up trusting others, and conversely others give up trusting them. Hence the bad odor.

 
Frans de Waal
 

Simon's head was tilted slightly up. His eyes could not break away and the Lord of the Flies hung in space before him.
"What are you doing out here all alone? Aren't you afraid of me?"
Simon shook.
"There isn't anyone to help you. Only me. And I'm the Beast."
Simon's mouth labored, brought forth audible words.
"Pig's head on a stick."
"Fancy thinking the Beast was something you could hunt and kill! You knew, didn't you?" said the head. For a moment or two the forest and all the other dimly appreciated places echoed with the parody of laughter. "You knew, didn't you? I'm part of you? Close, close, close! I'm the reason why it’s no go? Why things are what they are?"

 
William Golding
 

"Do you remember back at the hotel when you promised that if we lived, you'd get dressed up in a nurse's outfit and give me a sponge bath?"
"Actually, I think you misheard," Clary said. "It was Simon who promised you the sponge bath."
Jace looked involuntarily over at Simon, who smiled at him widely. "As soon as I'm back on my feet, handsome."
"I knew we should have left you a rat."

 
Cassandra Clare
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