Ergonomics of Human Choice

More than 100 years ago, Herbert A. Simon wrote the book “The sciences of the artificial” (1916) where he presented Economics as an artificial science. Even though back then the mainstream economics promoted the idea of <homo economicus>, Simon’s perspective of man was as one of an artificial...

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Main Author: Camelia Ghiurca
Format: Article
Language:English
Published: Sciendo 2020-12-01
Series:Studies in Business and Economics
Subjects:
Online Access:https://doi.org/10.2478/sbe-2020-0057
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author Camelia Ghiurca
author_facet Camelia Ghiurca
author_sort Camelia Ghiurca
collection DOAJ
description More than 100 years ago, Herbert A. Simon wrote the book “The sciences of the artificial” (1916) where he presented Economics as an artificial science. Even though back then the mainstream economics promoted the idea of <homo economicus>, Simon’s perspective of man was as one of an artificial system, characterized by a bounded rationality whose behavior depends on his inner and outer environment. Later, in the 70’s Daniel Kahneman and Amos Tversky investigated more on the limitation of human rationality and built, based on empirical studies, the maps of bounded rationality. Later, Richard H. Thaler introduced the concept of nudge, as a way to improve people’s choices by using the knowledge about their limited rationality and using it to direct their behavior in the direction in which they would have behaved if they were rational.
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spelling doaj.art-0bdedc81cfaa4517b3dd29f9773560242022-12-21T21:19:30ZengSciendoStudies in Business and Economics2344-54162020-12-0115326126810.2478/sbe-2020-0057Ergonomics of Human ChoiceCamelia Ghiurca0Alexandru Ioan Cuza University Iaşi, RomaniaMore than 100 years ago, Herbert A. Simon wrote the book “The sciences of the artificial” (1916) where he presented Economics as an artificial science. Even though back then the mainstream economics promoted the idea of <homo economicus>, Simon’s perspective of man was as one of an artificial system, characterized by a bounded rationality whose behavior depends on his inner and outer environment. Later, in the 70’s Daniel Kahneman and Amos Tversky investigated more on the limitation of human rationality and built, based on empirical studies, the maps of bounded rationality. Later, Richard H. Thaler introduced the concept of nudge, as a way to improve people’s choices by using the knowledge about their limited rationality and using it to direct their behavior in the direction in which they would have behaved if they were rational.https://doi.org/10.2478/sbe-2020-0057human choicehuman behaviorbehavioral economicsbounded rationalityergonomics
spellingShingle Camelia Ghiurca
Ergonomics of Human Choice
Studies in Business and Economics
human choice
human behavior
behavioral economics
bounded rationality
ergonomics
title Ergonomics of Human Choice
title_full Ergonomics of Human Choice
title_fullStr Ergonomics of Human Choice
title_full_unstemmed Ergonomics of Human Choice
title_short Ergonomics of Human Choice
title_sort ergonomics of human choice
topic human choice
human behavior
behavioral economics
bounded rationality
ergonomics
url https://doi.org/10.2478/sbe-2020-0057
work_keys_str_mv AT cameliaghiurca ergonomicsofhumanchoice