HERBERT A. SIMON - AUTOGRAPHED INSCRIBED PHOTOGRAPH 06/07/2000 - HFSID 266798
Price: $240.00
HERBERT SIMON. Photograph signed: "Herbert A Simon/6-7-00".
B/w, 5x7. Simon (1916-2001) of the Carnegie-Mellon University received the
1978 Nobel Prize in Economics "for his pioneering research into the
decision-making process within economic organizations." Classical
economists had argued that people make rational choices to obtain the best
commodity at the best price. Dr. Simon said that was impossible -- too many
choices and too little time to analyze them cause people to choose the first
option that is good enough to meet their needs. Signed less than a year
before his death (February 9, 2001). Fine condition.
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