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A Behavioral Model of Rational Choice.
Simon, Herbert A. "A Behavioral Model of Rational Choice." Quarterly Journal of Economics 69, no. 1 (1955): 99–118.
Related concepts3 concepts
Concept
Constraints
Constraints names the present-tense architecture of what can be done—rules, budgets, timelines, approvals, and technical ceilings. Good constraints channel behavior toward learning and accountability; poor constraints hide tradeoffs or displace consequence. It differs from constraint because constraints describes limits inside an operating system; constraint describes the originating pressure that once made a moral order necessary.
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Concept
Finite perspective
Finite perspective names the condition under which all sight in this project begins. It becomes important whenever someone speaks as if their view were complete, neutral, or uninfluenced by position. It helps preserve humility, integration, and honest disagreement, but can fail when partial sight is treated as moral failure or when institutions demand omniscience from individuals. It differs from bias because finite perspective names the structural condition of partiality; bias names the selective work performed within it. It differs from trust because trust extends action beyond firsthand sight without pretending the extension erases partiality.
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Concept
Judgment
Judgment names the capacity to decide when understanding is incomplete but harm, coordination, or responsibility will not wait. It becomes important whenever action must proceed under partial information and real consequence. It helps preserve proportionality, answerability, and room for revision, but can fail when judgment hardens into dogma, paralysis, or punitive finality. It differs from certainty because judgment accepts incomplete sight; it differs from preference because judgment weighs consequence beyond taste; it differs from optimization because judgment keeps contestability and human proportion in view; it differs from rule-following because judgment must still respond when rules lag reality.
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