Definitions
Wiktionary
- v. To satisfy.
- v. To make a choice that suffices to fulfill the minimum requirements to achieve an objective, without special regard for utility maximization or optimization of one's preferences.
WordNet 3.0
- v. decide on and pursue a course of action satisfying the minimum requirements to achieve a goal
Examples
“The debate over whether librarians should be complicit in students' efforts to "satisfice" -- that is, do what they can to get by and graduate -- can be a contentious one, since it runs to the root of what the library and higher education in general is for.”
USA Today: Study: College students rarely use librarians' expertise
“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.”
“Thill says she does not think "satisfice" should be a dirty word.”
USA Today: Study: College students rarely use librarians' expertise
“If these students are trying to "satisfice," it probably isn't so that they'll have more time to goof off, she said.”
USA Today: Study: College students rarely use librarians' expertise
“To satisfice is "to decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal" OED.”
“Dynamic Tension eliminates the tendency to satisfice by making it impossible to succeed without thinking differently.”
“There is always some foot-dragging in order to satisfice sufficient numbers of the laggards to justify a game from a business perspective.”
“Saunders and Tuggle commented in the same vein that a lack of stringent competition allows managers to “satisfice at a more comfortable level” instead of having to optimize, as planning supposedly does 1977:21.”
“They do not maximize or“satisfice;” they often make quite poor, subrational choices.”
“Firms would try to ‘satisfice’ rather than to maximize. 1959, p. 263, italics provided.”
Lists
These user-created lists contain the word ‘satisfice’.
man Combination of satisfy and suffice. Apparently coined by Nobel Laureate Herbert Simon in his 1957 book called Models of Man. Jul 21, 2010
reesetee Haha! Oct 18, 2007
edwardvielmetti Discovered Herbert Simon's "satisfice" term for "good enough" info. Yikes! I'm just 50 yrs behind the times!
David Weinberger, twitter Oct 18, 2007