Herbert Simon is awarded the economic sciences prize for research on decision-making within economic organisations. His concept of bounded rationality challenged models that assume people possess unlimited information and calculating power.
The World History Database · Nobel archive
Herbert Alexander Simon
Nobel Prize history for Herbert Alexander Simon based on the award records stored in the World History Database.
1Recorded awards
United States of AmericaCountry as recorded
Recorded Nobel Prize awards
1 distinct award entry or entries in the World History Database.
These pages index Nobel-related award records in the World History Database. Coverage and historical spellings reflect the stored records and may be incomplete. For the official award register and prize citations, consult NobelPrize.org.