The Nobel Prize in Economics was awarded to Herbert Simon in 1978. At Carnegie-Mellon University he holds the title of Professor of Computer Science and Psychology. These two facts together delineate the range and uniqueness of his contributions in creating meaningful interactions among fields that developed in isolation but that are all concerned with human decision-making and problem-solving processes.In particular, Simon has brought the insights of decision theory, organization theory (especially as it applies to the business firm), behavior modeling, cognitive psychology, and the study...
The Nobel Prize in Economics was awarded to Herbert Simon in 1978. At Carnegie-Mellon University he holds the title of Professor of Computer Scienc...
A set of related papers dealing with the meaning of causality in simulataneous dynamic equation systems. Investigation of the systems which only approximately satisfy the conditions enabling the definition of causality, leads to a set of limiting theorems concerning the dynamic behavior of such systems over time, and estimation procedures for the parameters of such systems. Implications of these theorems for some well-known propositions in economics and other social sciences are considered.
A set of related papers dealing with the meaning of causality in simulataneous dynamic equation systems. Investigation of the systems which only ap...
