Herbert Simon - Updated Sep 2024

Updated On June 3, 2024
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Herbert Simon

Herbert Simon was a legendary political scientist and economist from the United States of America. Herbert Simon has worked and contributed in a wide variety of fields as computer science, economics, and cognitive psychology. He also received the Nobel Prize in Economic Science in 1978.

Early Life

Herbert Simon was born on 15th June 1916, in Milwaukee, Wisconsin, United States of America. There is not much information regarding the names and professions of his parents, and siblings. While he held an American nationality and practiced Christianity. Further, he belonged to the Caucasian ethnicity. According to astrology, he had as his zodiac sign.

Education

Talking about his formal educational status, he completed his schooling at a local school in his hometown. And, he also accomplished his higher studies at the University of Chicago. Simon attended the University of Chicago, where he received a Bachelor’s degree in Political Science in 1936 and a Ph.D. in Political Science in 1943.

Herbert Simon – Death

Herbert Simon has already died today. The legendary economist and political scientist died on 9th February 2001 from complications after an operation for a cancerous abdominal tumor.

Professional Life

Moving on toward the professional life of Herbert Simon, he was a popular economist, political scientist, and cognitive psychologist. He had various dimensions of occupation in his life. Initially, after completing his studies, he went on to work for the U.S. Army Air Force as a research scientist. There he studied how to improve the accuracy of bombing runs.

Herbert Simon

Caption: Herbert receiving Nobel prize (Source: The New York Times)

At the end of the world war, he became a professor at Carnegie Mellon University and remained there for the rest of his life. He started working on different topics especially related to the economy at this time. He began developing theories of decision-making and also published a book named Administrative Behavior.

There are many works on Simon on decision-making and they have wide-ranging implications for fields such as economics, political science, and psychology. More of him he was also awarded the Nobel Prize in Economics in 1978 for his contributions to organizational theory.

Moreover, he has also made contributions to the field of artificial intelligence and has worked particularly in the area of problem-solving. And, he also developed a computer program named The Logic Theorist.

Herbert Simon – Net Worth 2024

Herbert Simon lived a comfortable life with his family. Thanks to the fame and fortune he earned from his work. Moreover, his total net worth was $3.2 billion US dollars at the time of his death.

Personal Life

Moving on to the romantic and private life of Herbert Simon, he was married. He had tied the knot with Dorothea Isabel Pye in 1939. They led a comfortable life with three children. Apart from that, he had no affairs with any other person. While he was straight regarding gender choices. And, he did not have any kind of controversial events till today.

Herbert Simon

Caption: Herbert in his cabin (Source: Carnegie Mellon University)

Body Measurements

Herbert Simon was very good-looking and had an amazing personality. The economist and political scientist had average height and weight. Moreover, talking about the overall body measurement, the number ranges had not been revealed yet. The color of his eyes was brown, and he had black colored hair.

Social Media

Herbert was on any kind of social media. He did not have any kind of accounts on any kind of platform at that time.