satisfice

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It tells readers to set standards and look for "good enough," rather than holding out for the very best conceivable choice: to "satisfice," in the jargon of social scientists, rather than "maximize."

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Definitions (1)

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  1. decide on and pursue a course of action satisfying the minimum requirements to achieve a goal

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Examples (13)

  • It tells readers to set standards and look for "good enough," rather than holding out for the very best conceivable choice: to "satisfice," in the jargon of social scientists, rather than "maximize." —  Reason Magazine - Hit & Run
  • When you satisfice, you don't let an impossible quest for the perfect destroy your enjoyment of the good. —  Reason Magazine - Hit & Run
  • People across the globe who regularly satisfice report higher levels of overall happiness - in every stage of life. —  The Huntington News RSS
  • The idea that consumers satisfice rather than optimize when fitting their wants to their budget was first raised by psychologist Herbert Simon, who subsequently won the Economics Nobel Prize in 1978. —  P2P Foundation
  • Vendors are not credible when speaking for their users, because they don't: they speak for their interests in trying to get, satisfice and keep users. —  O'Reilly News
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