Neil Fligstein vs. Herbert A. Simon
Side-by-side comparison of two thinkers
Neil Fligstein
1951 – present
Neil Fligstein is an American sociologist, and professor at the University of California, Berkeley. His research focuses on economic sociology, political sociology, and organizational theory. It has advanced the understanding of how social fields shape economic and political orders, including influential frameworks on the cultural foundations of markets and strategic action fields.
"The finance conception of the modern corporation, which currently dominates, emphasizes control through the use of financial tools which measure performance acc…"
Herbert A. Simon
1916 – 2001
Herbert Alexander Simon was an American scholar whose work influenced the fields of computer science, economics, and cognitive psychology. His primary research interest was decision-making within organizations and he is best known for the theories of "bounded rationality" and "satisficing". He and Allen Newell received the ACM Turing Award in 1975, and he received the Nobel Memorial Prize in Economic Sciences in 1978.
"The first consequence of the principle of bounded rationality is that the intended rationality of an actor requires him to construct a simplified model of the r…"
Connections
Both wrote about: