Herbert Simon - Publications - Faculty & Research

May 2012
Article

Herbert A. Simon on What Ails Business Schools: More than A Problem in Organizational Design

By: Rakesh Khurana and J.C. Spender

We critically examine Herbert Simon's 1967 essay, "The Business School: A Problem in Organizational Design." We consider this essay within the context of Simon's key ideas about organizations, particularly those closely associated with the 'Carnegie perspective' on... View Details

Keywords: Organizational Design; Perspective; Innovation and Invention; Business Education; Research; Management Practices and Processes; Teaching

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January 2014 (Revised November 2015)
Background Note

Rational Choice and Managerial Decision-Making

By: Willy Shih

This note discusses Herbert Simon's notion of bounded rationality: how managers may sometimes make suboptimal choices because of their limited ability to access or process information. View Details

Keywords: Rational Choice; Bounded Rationality; Satisficing; Herbert Simon; Agenda-setting; Choice; Alternatives; Decision Making; Decision Choices and Conditions; Decisions; Judgments

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12 Oct 1999
Research & Ideas

Media Metamorphosis: Advertising in the Technology Age

media-based compensation, and the rise of media buying services, the authors also foresee continued downward pressure on advertising rates. Nobel Laureate Herbert A. Simon once said, "A wealth of... View Details

Keywords: by Peter K. Jacobs; Advertising

09 Jan 2014
Research & Ideas

The Entrepreneurs Who Invented Economic Forecasting

years. One of his students, Simon Kuznets, developed [a standard way to measure] Gross National Product there in the 1930s. In all these ways, the growth of the forecasting industry spurred efforts to make sense of economic change. Q: How... View Details

Keywords: by Sean Silverthorne

14 Feb 2012
First Look

First Look: February 14

may help to guide the design of future, longer-term, behavioral economic-based interventions. Herbert A. Simon on What Ails Business Schools: More than a Problem in Organizational Design Authors:Rakesh... View Details

Keywords: Carmen Nobel

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