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Komplexní systémy v teoriích F. A. Hayeka a H. A. Simona
[Complex systems in the theories of F. A. Hayek and H. A . Simon]

Author

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  • Julie Chytilová
  • Natálie Reichlová

Abstract

The aim of this paper is to introduce roots of multi-agent approaches in economic theory. From the beginning, the opinion that economic system should be investigated on the basis of comprehension to its basic units was expressed by many scientists. Friedrich A. Hayek and Herbert A. Simon are two important scientists who may be designated as predecessors of multi-agent modeling. They incorporated similar principles as applied by multi-agent system approaches into their works before it was possible to deal with these principles through artificial intelligence. This paper links ideas of Hayek and Simon with multi-agent modeling, common principles and ideas are identified.

Suggested Citation

  • Julie Chytilová & Natálie Reichlová, 2007. "Komplexní systémy v teoriích F. A. Hayeka a H. A. Simona [Complex systems in the theories of F. A. Hayek and H. A . Simon]," Politická ekonomie, Prague University of Economics and Business, vol. 2007(5), pages 694-707.
    • Handle: RePEc:prg:jnlpol:v:2007:y:2007:i:5:id:620:p:694-707
    DOI: 10.18267/j.polek.620
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    References listed on IDEAS

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    1. Simon, Herbert A, 1978. "Rationality as Process and as Product of Thought," American Economic Review, American Economic Association, vol. 68(2), pages 1-16, May.
    2. Nicolaas J. Vriend, 2002. "Was Hayek an Ace?," Southern Economic Journal, John Wiley & Sons, vol. 68(4), pages 811-840, April.
    3. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    4. Nicolaas J. Vriend, 2002. "Was Hayek an Ace?," Southern Economic Journal, John Wiley & Sons, vol. 68(4), pages 811-840, April.
    5. Herbert A. Simon, 1991. "Bounded Rationality and Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 125-134, February.
    6. J. Barkley Rosser, 1999. "On the Complexities of Complex Economic Dynamics," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 169-192, Fall.
    7. Herbert A. Simon & Massimo Egidi & Ricardo Viale & Robin Marris, 1992. "Economics, Bounded Rationality and the Cognitive Revolution," Books, Edward Elgar Publishing, number 409.
    8. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    9. Herbert A. Simon, 1990. "Prediction and Prescription in Systems Modeling," Operations Research, INFORMS, vol. 38(1), pages 7-14, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Hayek; Simon; multi-agent system; complex system;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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