Herbert Simon's Decision-Making Approach: Investigation of Cognitive Processes in Experts
@article{Campitelli2010HerbertSD, title={Herbert Simon's Decision-Making Approach: Investigation of Cognitive Processes in Experts}, author={G. Campitelli and Fernand Gobet}, journal={Review of General Psychology}, year={2010}, volume={14}, pages={354 - 364} }
Herbert Simon's research endeavor aimed to understand the processes that participate in human decision making. However, despite his effort to investigate this question, his work did not have the impact in the “decision making” community that it had in other fields. His rejection of the assumption of perfect rationality, made in mainstream economics, led him to develop the concept of bounded rationality. Simon's approach also emphasized the limitations of the cognitive system, the change of… CONTINUE READING
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