What question did this study set out to answer?

To examine the contextual origins and intellectual developments that led Herbert Simon to introduce the theory of satisficing between 1933 and 1947.

December 1, 2004Management Decision

Consideration of the origin of Herbert Simon's theory of “satisficing” (1933‐1947)

View Full Paper

Ask AI

Bookmark

To examine the contextual origins and intellectual developments that led Herbert Simon to introduce the theory of satisficing between 1933 and 1947.
Historical and conceptual analysis of Herbert Simon's seminal 1947 work, Administrative Behavior.
Investigation of mid-20th-century economic and administrative theories regarding decision-making and rational choice.
Identifies that Simon formulated satisficing directly as an alternative to orthodox economic models that assumed decision-makers engage in utility maximizing.
Demonstrates that Simon developed revised frameworks of the 'economic man' to ground administrative science in realistic human behavior rather than idealized rationality.

Discussion

No takes yet. Share an insight, caveat, or question.

Implication

Historical analysis uncovers the emergence of satisficing in administrative theory, highlighting Herbert Simon's departure from classical economic models of maximizing behavior.

Cite This Study

Reva Berman Brown (2004) studied this question.

synapsesocial.com/papers/6a1ebb876540130b7faf3ff3 https://doi.org/10.1108/00251740410568944

View Full Paper

Ask AI

Bookmark

Implication

Historical analysis uncovers the emergence of satisficing in administrative theory, highlighting Herbert Simon's departure from classical economic models of maximizing behavior.

Consideration of the origin of Herbert Simon's theory of “satisficing” (1933‐1947)

Key Points

Discussion

Implication

Cite This Study

Consideration of the origin of Herbert Simon's theory of “satisficing” (1933‐1947)

Key Points

Discussion

Implication

Cite This Study

Also Consider

Also Consider