Scenarios about 'Herbert Simon'
Herbert Simon was an American political scientist, economist, and cognitive psychologist who pioneered multiple fields including artificial intelligence, complex systems, and decision-making theory. His concept of "bounded rationality" challenged classical economic theories by demonstrating humans make decisions with limited information and cognitive capacity rather than as perfectly rational actors. Simon's interdisciplinary work on organizational behavior and problem-solving earned him the Nobel Prize in Economics in 1978 and continues to influence studies of human cognition and institutional design.
What If Behavioral Economics Emerged Earlier?
Exploring the alternate timeline where behavioral economics developed in the 1940s instead of the 1970s, potentially transforming economics, policy-making, and social welfare decades ahead of our timeline.