Oliver E. Williamson, Nobel Prize for Economics in 2009, joins the Herbert A. Simon Society as a member of its Executive Committee.
The Herbert A. Simon Society, which was created in 2008 at the Rosselli Foundation in Turin, – and which brings together some of the most important economists critical of contemporary economic models, such as the four winners of the Nobel Prize for Economics: Kenneth Arrow (1972), Daniel Kahneman (2002), Reinhard Selten (1994) and Vernon Smith (2002) – has just elected its new governing bodies:
CO-PRESIDENTS:
Jean Paul Fitoussi (Institut d’Etudes Politiques de Paris)
Massimo Egidi (LUISS; Rome)
VICEPRESIDENT:
Katherine Simon Frank (University of Minnesota)
EXECUTIVE COMMITTEE:
Giovanni Dosi (Sant’Anna School of Advanced Studies, Pisa)
Edward Feigenbaum (Stanford University)
Richard Nelson (Columbia University)
Roy Radner (New York University)
Oliver Williamson (University of California Berkeley)
GENERAL SECRETARY: Riccardo Viale (Rosselli Foundation, Torino, and University of Milano-Bicocca)
The Simon Society is named after the winner of the 1978 Nobel Prize for Economics Herbert A. Simon (1916-2001) who was the first to challenge radically the model of rationality used by neoclassical economics and which was the origin of the recent financial crisis and of the many forecasting errors made by national and international financial institutions.
Successively developing the work first of Marshall and of Hayek, Herbert Simon proposes a theory of economic rationality that reflects the economic agent’s real abilities to reason and make decisions. Only a limited type of procedural and subjective rationality might enable economics to move beyond the abstraction and errors of contemporary economics.
The objective of the Simon Society is to reformulate economic theory by starting with the many non-neoclassical directions that have been developed in recent years, in particular behavioural and cognitive economics, neo-institutional economics, evolutionary economics, and organization theory.
The Simon Society will meet this objective by connecting scholars and academic research centres that have already been committed for years to modernizing economic science. The criterion adhered to will be that of opening economic science to contributions from other disciplines such as neuro-cognitive sciences, artificial intelligence, complexity theory, the social sciences and epistemology. Along these lines it will develop a programme of fellowships and grants for young scholars characterized by originality and interdisciplinarity. Finally, it will offer its contribution in application to public and private economic decision-makers who want to update the instruments for analysis and forecasting.
The secretarial office will be at the Rosselli Foundation in Turin (Corso Giulio Cesare 4 bis/b, 10152 Turin – email: simonsociety@fondazionerosselli.it)
International Herbert A. Simon Society
Founding members
Kenneth Arrow (Stanford Univ., Nobel Prize for Economics in 1972); Mie Augier (Stanford Univ.); William Baumol (New York Univ.); Philip Bromiley (Univ. of Minnesota); Richard Day (Univ. of Soutnern California); Giovanni Dosi (Sant’Anna School of Advanced Studies, Pisa); Peter Earl (Univ. of Queensland); Massimo Egidi (LUISS, Rome); Edward Feigenbaum (Stanford Univ.); Shane Frederick (Massachusetts Institute of Technology); Gerd Gigerenzer (Max Planck Institute for Human Development, Berlin); Yuji Ijiri (Carnegie Mellon Univ.); Daniel Kahneman (Princeton Univ., Nobel Prize for Economics in 2002); David Klahr (Carnegie Mellon Univ.); Kenneth Kotovsky (Carnegie Mellon Univ.); Pat Langley (Stanford Univ.); Axel Leijonhufvud (Univ. of Trento); Brian Loasby (Univ. of Stirling); James March (Stanford Univ.); Luigi Marengo (Sant’Anna School of Advanced Studies, Pisa, Italy); Pamela McCorduck; Richard Nelson (Columbia Univ.); Joseph Pitt (Virginia Polytechnic Institute); Roy Radner (New York Univ.); Reinhard Selten (Univ. of Bonn, Nobel Prize for Economics in 1994); Katherine Simon Frank (Univ. of Minnesota); Vernon Smith (George Mason Univ., Nobel Prize for Economics in 2002); James J. Staszewski (Carnegie Mellon Univ., Pittsburgh); Shyam Sunder (Yale School of Management); Raul Valdes-Perez (Vivisimo, Inc.); Riccardo Viale (Fondazione Rosselli and Univ. of Milano-Bicocca)
|
