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Herbert A. Simon (Economist) - Age, Birthday, Bio, Facts, Family, Net Worth, Height & More

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Herbert Alexander Simon was an American economist, political scientist and cognitive psychologist, whose primary research interest was decision-making within organizations and is best known for the theories of "bounded rationality" and "satisficing". He received the Nobel Prize in Economics in 1978 and the Turing Award in 1975. His research was noted for its interdisciplinary nature and spanned across the fields of cognitive science, computer science, public administration, management, and political science. He was at Carnegie Mellon University for most of his career, from 1949 to 2001. Notably, Simon was among the pioneers of several modern-day scientific domains such as artificial intelligence, information processing, decision-making, problem-solving, organization theory, and complex systems. He was among the earliest to analyze the architecture of complexity and to propose a preferential attachment mechanism to explain power law distributions.
BornHerbert Alexander Simon, June 15, 1916, Milwaukee, Wisconsin, U.S.
DiedFebruary 9, 2001, Pittsburgh, Pennsylvania, U.S.
CitizenshipUnited States
FieldsEconomics, Artificial intelligence, Computer science, Political science
InstitutionsCarnegie Mellon University
EducationUniversity of Chicago, (B.A, 1936, Ph.D, 1943)
Other academic advisorsRudolf Carnap, Nicholas Rashevsky, Harold Lasswell, Charles Merriam, John R. Commons
Doctoral studentsEdward Feigenbaum, Allen Newell, Richard Waldinger, John Muth, William F. Pounds
Known forBounded rationality, Satisficing, Information Processing Language, Logic Theorist, General Problem Solver
InfluencesRichard T. Ely, John R. Commons, Henry George, Chester Barnard, Charles Merriam
InfluencedDaniel Kahneman, Amos Tversky, Gerd Gigerenzer, James March, Allen Newell, Philip E. Tetlock, Richard Thaler, John Muth, Oliver E. Williamson, Massimo Egidi, Vela Velupillai, Ha Joon Chang, William C. Wimsatt, Alok Bhargava, Nassim Nicholas Taleb
Notable awardsMember of the National Academy of Sciences (1967), Turing Award (1975), Nobel Prize in Economics (1978), National Medal of Science (1986), Harold Pender Award (1987), von Neumann Theory Prize (1988), APA Award for Distinguished Scientific Contributions to Psychology (1969), ACM Fellow (1994), IJCAI Award for Research Excellence (1995)
Children3

About Herbert A. Simon

Economist Herbert A. Simon was born in Pennsylvania, United States on June 15, 1916. He dies at the age of 84, on February 9, 2001.

Nobel Laureate economist who developed the satisficing hypothesis, which states that humans prefer outcomes that aren't perfect but are just good enough.

All info about Herbert A. Simon can be found here. This article will clarify all information about Herbert A. Simon: birthday, bio, ability, personality type, family, husband, siblings and drama...

Herbert A. Simon before becoming famous

Herbert A. Simon was born in the Zodiac sign Gemini (The Twins), and 1916 is also the year of Dragon (龍) in the Chinese Zodiac.

He was an excellent student in Minnesota's public schools who was bored with coursework but intrigued by the idea of studying human behavior in a systematic way.

Achievement of Herbert A. Simon

He was a member of the National Academy of Sciences and received the National Medal of Science in 1986 and the American Psychological Association's Award for Outstanding Lifetime Contributions to Psychology in 1993.

Herbert A. Simon's Family, Spouse, Dating and Relationship

His mother's younger brother, a qualified economist, encouraged him to pursue his studies.

Herbert A. Simon Collabed with

His work was relevant not only to economics, but also to the developing subject of artificial intelligence, which Mathematician Alan Turing pioneered.

Herbert A. Simon Income & Net worth

Herbert A. Simon's income mainly comes from the work that created his reputation: an economist. Information about his net worth in 2024 is being updated as soon as possible by allfamous.org, you can contact to tell us Net Worth of the Herbert A. Simon.

Herbert A. Simon Height and Weight

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Latest information about Herbert A. Simon updated on March 19 2023.