Herbert A. Simon Net Worth

Herbert A. Simon was a Nobel Prize-winning economist born on June 15, 1916 in Pennsylvania. He is best known for his theory of satisficing, which suggests that humans are content with outcomes that are not perfect, but are just good enough. His work has had a major impact on the field of economics and decision-making.
Herbert A. Simon is a member of Economist

Age, Biography and Wiki

Birth Day June 15, 1916
Birth Place Pennsylvania
Age 104 YEARS OLD
Died On Feb 9, 2001 (age 84)
Birth Sign Gemini

💰 Net worth: $2.4 billion

Some Herbert A. Simon images

About

Nobel Prize-winning Economist who formed the theory of satisficing, that posits that humans Desire outcomes that aren't perfect, but are just good enough.

Before Fame

An excellent student at Minnesota's public schools, he found himself often bored by schoolwork, but drawn to the idea that human behavior could be studied systematically.

Trivia

He was a member of the National Academy of Sciences and he won the National Medal of Science in 1986 and the Award for Outstanding Lifetime Contributions to Psychology from the The American Psychological Association in 1993.

Family Life

He was inspired to take up his studies by his mother's younger brother, who was a trained Economist.

Associated With

His work applied not only to economics, but to the emerging field of artificial intelligence that was started by Alan Turing.