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Models of Environment

The thirteenth in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Marcin Miłkowski Herbert A. Simon is well known for his account of bounded rationality. Whereas classical economics idealized economic agency and framed rational choice in terms of the decision theory, Simon insisted that agents need…

Boundedly Rational Decision-Making under Certainty and Uncertainty: Some Reflections on Herbert Simon

The sixth in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Mark Pingle Introduction Our collective rationality became more bounded on February 9, 2001. Herbert Simon emphasized we humans are cognitively constrained, and those constraints impact our decisions. Yet, Herbert Simon’s mind was less constrained than most of…

Rationality and the true human condition

The fifth in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Ron Sun The notion of rationality is important to many fields in social and behavioral sciences. Herbert Simon’s seminal work on “bounded rationality” and “satisficing” led to broadened conceptions of rationality, which significantly impacted a number of…

Towards a Rational Theory of Heuristics

The third in a series of excerpts from Minds, Models and Milieux: Commemorating the Centennial of the Birth of Herbert Simon. Gerd Gigerenzer Herbert Simon left us with an unfinished task: a theory of bounded rationality. Such a theory should make two contributions. For one, it should describe how individuals and institutions actually make decisions. Understanding this process would advance…

Satisficing in Political Decision Making

An open access entry. Wot? No discussion of Simon’s key The Sciences of the Artificial and broad discussion of collective intentionality? Artificial intelligenceBounded Rationalitycognitive closurecollective intentionalitycomplexityDecision makingHerbert Simonheuristicsphilosophy of social sciencesatisficing

Herb Simon and Wim Wenders

Here’s an interesting discussion paper that caught my eye. I couldn’t resist a title with Simon and most improbably, Wenders, in it. Ethics is then also involved. As Wenders emphasised, freedom is at risk when the capacity of self-reflection and self-elaboration becomes weaker: when humans are not autonomous in their capacity of thinking and deciding…