Abstract
The opportunity to deliver the Richard T. Ely Lecture, from which this chapter is derived, afforded me some very personal satisfactions. Ely, unbeknownst to him, bore a great responsibility for my economic education, and even for my choice of profession. The example of my uncle, Harold Merkel, who was a student of Commons and Ely at Wisconsin before World War I, taught me that human behavior was a fit subject for scientific study, and directed me to economics and political science instead of high energy physics or molecular biology. Some would refer to this as satisficing, for I had never heard of high energy physics or molecular biology, and hence was spared an agonizing weighing of alternative utiles. I simply picked the first profession that sounded fascinating.
Keywords
RationalitySubject (documents)SatisficingProduct (mathematics)EpistemologyPsychologyPhilosophyEconomicsComputer scienceMathematicsLibrary science
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Publication Info
- Year
- 1988
- Type
- book-chapter
- Pages
- 58-77
- Citations
- 1794
- Access
- Closed
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Cite This
Herbert A. Simon
(1988).
RATIONALITY AS PROCESS AND AS PRODUCT OF THOUGHT.
Cambridge University Press eBooks
, 58-77.
https://doi.org/10.1017/cbo9780511598951.005
Identifiers
- DOI
- 10.1017/cbo9780511598951.005