Herbert Alexander Simon was born on June 15, 1916 and died on February 9, 2001. He was an American political scientist, economist, psychologist and specialist on arficial intelligence. He received the Nobel Prize in Economics in 1978. He studied, among other things, decision making processes from the perspective of economics and psychology. He proved that objectively rational decision making is unrealistic, because its requirements for intelligence of decision-makers are too large. In practice, there are received so called suboptimal satisfying decisions. H. A. Simon closely cooperated with Allen Newell.
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