CelebList
Herbert Simon

Herbert Simon

C
Business
Birthday
June 15, 1916
Died
January 1, 2001
Age
84
Net Worth
$2M

About

Herbert Alexander Simon was an American scholar who made significant contributions to computer science, economics, and cognitive psychology. He is best known for his theories of "bounded rationality" and "satisficing," which challenged traditional economic models of rational decision-making. Simon received the ACM Turing Award in 1975 and the Nobel Memorial Prize in Economic Sciences in 1978. His interdisciplinary research spanned cognitive science, computer science, public administration, management, and political science.

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Career Timeline

1949C$0.01M

"Administrative Behavior" published

Significant contribution to organization theory.

1955B$0.1M+$0.09000000000000001M

Pioneering AI research

Early work in artificial intelligence.

1975B$0.3M+$0.19999999999999998M

ACM Turing Award

Recognized for contributions to computer science.

1978A$1M+$0.7M

Nobel Prize in Economics

Awarded for work on decision-making.

2001C▼▼$2M+$1M

Death at 84

Marks end of distinguished academic career.

2026C$2M

Legacy in multiple fields

Contributions still important.

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Last updated: February 25, 2026