Time and again, we have found the ‘idle’ truths arrived at through the process of inquiry to be of the greatest moment for practical human
Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of
Everyone designs who devises courses of action aimed at changing existing situations into preferred ones.
I tried to develop some theories that took account of the uncertainty in the world and the complexity in the world.
Viewed as a geometric figure, the ant’s path is irregular, complex, and hard to describe.
My research career has been devoted to understanding human decision-making and problem-solving processes. The pursuit of this goal has led me into the fields of
The density of settlement of economists over the whole empire of economic science is very uneven, with a few areas of modest size holding the
Learning is any change in a system that produces a more or less permanent change in its capacity for adapting to its environment.
The choices we make lead up to actual experiences. It is one thing to decide to climb a mountain. It is quite another to be
Among my European ancestors were piano builders, goldsmiths, and vintners but, to the best of my knowledge, no professionals of any kind.
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