Abstract
In 1960 Herbert Simon proposed the use of computer simulations in order to enrich and improve economic modeling (Clarkson and Simon, 1960). Computer science was among the many fields he contributed to. Therefore, his interest in computer simulations is not surprising. Simon is often quoted in the agent based simulation literature, where bounded rationality is highly recognized and used as a starting point, and yet his approach to simulation seems to be quite neglected: the website jstor.org shows very few citations of Clarkson and Simon’s paper; a specialized journal like JASSS (Journal of Artificial Societies and Social Simulation) never quotes that paper; very few economists working in the field seem to know the paper; and no one has pursued his methodological approach.
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References
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© 2016 Marco Castellani and Marco Novarese
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Castellani, M., Novarese, M. (2016). Simon’s (Lost?) Legacy in Agent-Based Computational Economics. In: Frantz, R., Marsh, L. (eds) Minds, Models and Milieux. Archival Insights into the Evolution of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9781137442505_8
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DOI: https://doi.org/10.1057/9781137442505_8
Publisher Name: Palgrave Macmillan, London
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