Herbert A. Simon and the concept of rationality: boundaries and procedures
AUTOR(ES)
Barros, Gustavo
FONTE
Brazilian Journal of Political Economy
DATA DE PUBLICAÇÃO
2010-09
RESUMO
This paper discusses Herbert A. Simon's conception of rationality in two of its principal general definitions: bounded rationality and procedural rationality. It argues that the latter is the one that better synthesizes the author's view about rational behavior and that the former fills mainly a critical function. They are complementarily used by Simon in this sense. In spite of that, it is argued that it is the low degree of specificity of the concept of bounded rationality one of the reasons for its relatively greater success.
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