ECONOMICS AS A SCIENCE OF THE ARTIFICIAL

Camelia Ghiurca
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Camelia Ghiurca: Alexandru Ioan Cuza University of Iasi

Revista Economica, 2019, vol. 71, issue 5, 39-46

Abstract: This article explores Herbert A. Simon’s view on economics as described in his first work “The Sciences of the Artificial†. Although the book is less famous than his 1945 book “The Administrative Behavior†, it still contains important ideas about the human behaviour, relevant today not only for economics, but also for other disciplines such as design and ergonomics. Economics is presented as a science of the artificial and its core concept – the man is seen as an artificial or behaving system. Simon’s perspective is placed in a historical context, underlying his critique of neoclassical economics and his ideas on rationality and decision making.

Keywords: Herbert A. Simon; Bounded rationality; Human behavior; Decision making; Behavioural economics (search for similar items in EconPapers)
JEL-codes: B21 B3 N00 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:71:y:2019:i:5:p:39-46

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