Simon's Unique Contribution and Its Relevant Theoretical Impact

Abstract

This work intends to demonstrate the relevance and range of the contributions of Herbert A. Simon, as the pace of its ideas were useful as fundament to the development of many theoretical currents out of the mainstream. In this picture it will be highlighted, very briefly, examples in the post-keynesian theory and in the theory of transaction cost economics. The essay makes a brief review of how interesting Simon’s contribution started to be important for the pillars of the theories with different analytical branches, as well as discloses meaningful ruptures in the orthodoxy caused by this methodological fundament, bringing new dimensions to the debate between of schools of divergent thoughts.bounded rationality; rational expectations