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Cognitive heuristic of searching for an acceptable decision
philosophy use the concept of satisficing in a similar sense, though most call for optimization instead. Two traditions of satisficing exist in decision-making
Satisficing
satisficing, in which individuals evaluate options until they find one that is "good enough". The distinction between "maximizing" and "satisficing"
Maximization_(psychology)
American academic and Nobel Laureate (1916–2001)
and he is best known for the theories of "bounded rationality" and "satisficing". He and Allen Newell received the ACM Turing Award in 1975, and he received
Herbert_A._Simon
Simple strategies or mental processes involved in making quick decisions
heuristic Recognition heuristic Satisficing Similarity heuristic Take-the-best heuristic Tallying Herbert Simon's satisficing heuristic can be used to choose
Heuristic_(psychology)
Statistical bias
finding. Acquiescence bias is proposed to be a product of 'satisficing' behaviour. 'Satisficing' sees respondents select responses that are satisfactory
Acquiescence_bias
Approach to optimizing robustness to failure
advantages of satisficing when knowledge and understanding are deficient. The info-gap robustness function provides a means of implementing a satisficing strategy
Info-gap_decision_theory
Problem-solving method
behavior Stimulus–response model – Conceptual framework in psychology Satisficing – Cognitive heuristic of searching for an acceptable decision Representativeness
Heuristic
Topics referred to by the same term
soft drink, launched in 2012 Effort satisficing theory, a decision-making strategy; see Satisficing § Effort satisficing theory Est! Est!! Est!!! di Montefiascone
Est
Interdisciplinary field of study
main topics of the field are moral judgment, moral reasoning, moral satisficing, moral sensitivity, moral responsibility, moral motivation, moral identity
Moral_psychology
Process to choose a course of action
different alternatives. See also Decision analysis and Decision theory. Satisficing: examining alternatives only until the first acceptable one is found
Decision-making
Capital of West Bengal, India
Husain, Zakir; Dutta, Mousumi (2013). Women in Kolkata's IT Sector: Satisficing Between Work and Household. Springer Science & Business Media. p. 133
Kolkata
Philosophical study of morality
anticipated or was unlikely. A further difference is between maximizing and satisficing consequentialism. According to maximizing consequentialism, only the
Ethics
2000 book by Steve Krug
easily and directly as possible. Krug points out that people are good at satisficing, or taking the first available solution to their problem, so design should
Don't_Make_Me_Think
Book by Richard Cyert
priority among them. Cyert and March proposed that real firms aim at satisficing rather than maximizing their results. I.e., some groups may settle for
A Behavioral Theory of the Firm
A_Behavioral_Theory_of_the_Firm
Facts provided or learned about something or someone
of information Quantum information Receiver operating characteristic Satisficing John B. Anderson; Rolf Johnnesson (1996). Understanding Information Transmission
Information
German-American cyberneticist (1932–2022)
Michel, Birkhäuser De Gruyter Krippendorff's alpha Content analysis Satisficing Social entropy The Semantic Turn Meyen, Michael (2012-05-30). "Klaus
Klaus_Krippendorff
Aphorism commonly attributed to Voltaire
Lance § If it ain't broke, don't fix it KISS principle Nirvana fallacy Satisficing Utopia Wabi-sabi Worse is better Voltaire (1770). Questions sur l'Encyclopédie
Perfect_is_the_enemy_of_good
Book by Herbert Simon
to 'satisfice'; they do not, in general, 'optimize'. Brown, Reva (2004). "Consideration of the Origin of Herbert Simon's Theory of 'Satisficing' (1933-1947)"
Administrative_Behavior
Ethical theory based on maximizing well-being
requirements. One approach is to drop the demand that utility be maximized. In Satisficing Consequentialism, Michael Slote argues for a form of utilitarianism where
Utilitarianism
Adding to a project via many small changes instead of fewer large changes
bounded rationality, as both long term, goal-driven policy rationality and satisficing were not seen as adequate.[citation needed] Most people use incrementalism
Incrementalism
Mobile survey app
'inattentive response behavior', 'satisficing behavior' or 'careless responding'. In addition to the suspected satisficing and forging of data for financial
Google_Opinion_Rewards
Psychometric measurement scale
other things. Rosenberg self-esteem scale – Self-report questionnaire Satisficing – Cognitive heuristic of searching for an acceptable decision Semantic
Likert_scale
Theory of software design
stupid Less is more Minimum viable product Perfect is the enemy of good Satisficing Unix Wabi-sabi "Worse is Better vs. Better is Better". September 20,
Worse_is_better
Factors influencing economic decisions
decision-making process. There are three primary search heuristics. Satisficing Satisficing is the idea that there is some minimum requirement from the search
Behavioral_economics
Process of generating creative ideas
inhibit it… The results suggest that persons in elevated moods may prefer satisficing strategies, which would lead to a higher number of proposed solutions
Divergent_thinking
Decision that leads to the best outcome in decision theory
thumb to make decisions that are "good enough"—that is, they engage in satisficing. A more formal approach may be used when the decision is important enough
Optimal_decision
German psychologist (born 1947)
Intellectually, Gigerenzer's work is rooted in Herbert Simon's work on satisficing (as opposed to maximizing) and on ecological and evolutionary views of
Gerd_Gigerenzer
Organisational activity concerning information lifecycle
cognitive limits of rationality. Additionally they proposed the notion of satisficing, which entails searching through the available alternatives until an
Information_management
Concept in sociology and economy
concentration Market power Market structure Penalty of taking the lead Satisficing Shortage economy Structure–conduct–performance paradigm Technostructure
Conspicuous_consumption
political science) Carnegie Mellon University Bounded rationality, satisficing, preferential attachment 1979 Theodore Schultz (1902–1998) United States
List of Nobel Memorial Prize laureates in Economic Sciences
List_of_Nobel_Memorial_Prize_laureates_in_Economic_Sciences
Making of satisfactory, not optimal, decisions
compared to the choices made by individuals optimal beliefs and their satisficing behaviour. Kahneman cites that the research contributes mainly to the
Bounded_rationality
Degradation of decision making with too many choices
remorse Choice architecture Information overload Market cannibalism Satisficing The Paradox of Choice: Why More Is Less, a 2004 book by Barry Schwartz
Overchoice
Problem of finding the best feasible solution
Discipline concerning the application of advanced analytical methods Satisficing – Cognitive heuristic of searching for an acceptable decision − the optimum
Optimization_problem
19th episode of the 8th season of Seinfeld
"Word for Word: Neology; In the Dictionary Game, Yada Yada Yada Is Satisficing to Some, Not Others", The New York Times, August 22, 1999. Accessed April
The_Yada_Yada
Class of models in the behavioral sciences
therefore our decision-making skills. Furthermore, his concepts of 'satisficing' and 'optimizing' suggest sometimes because of these factors, we settle
Rational_choice_model
Iterative decision analytic framework
plausible scenarios, and keeping options open. All incorporate some type of satisficing criteria and, in contrast to expected utility approaches, all generally
Robust_decision-making
Philosophical aim of minimizing suffering
Classic Utilitarianism. Bykvist 2009, p. 102, states satisficing utilitarianism as follows: "Satisficing utilitarianism An action ought to be done if and
Negative_utilitarianism
2004 book by Barry Schwartz
something better. Ultimately, Schwartz agrees with Simon's conclusion, that satisficing is, in fact, the maximizing strategy. Schwartz integrates various psychological
The_Paradox_of_Choice
Branch of multiobjective optimization
the target is deemed to satisfy the decision maker(s), an underlying satisficing philosophy is assumed. Goal programming is used to perform three types
Goal_programming
theory of bounded rationality, one of the cornerstones of AI known as "satisficing". The MOLGEN program, written at Stanford by Mark Stefik and Peter Friedland
Timeline of artificial intelligence
Timeline_of_artificial_intelligence
Indian advisor
but don't in private" – FICCI Innovation Summit, Delhi, 2019 "Learn satisficing instead of satisfying everyone" – Mahindra, Mumbai, 2018 "Fostering High
Ranjan_Pant
Mathematical concept
new (more preferred) Pareto optimal solution(s) are computed. In the satisficing trade-off method (STOM), three classes are used: objectives whose values
Multi-objective_optimization
Process of planning for movement of people and goods
models for planning include rational actor, transit oriented development, satisficing, incremental planning, organizational process, collaborative planning
Transportation_planning
Disinclination to activity or exertion
time doing nothing, or at least nothing in particular. They seek to "satisfice" their needs rather than obtaining an optimal diet or habitat. Even diurnal
Laziness
Mathematical problem involving optimal stopping theory
media related to Secretary problem. Assignment problem Robbins' problem Satisficing Search theory Stable marriage problem Ferguson, Thomas S. (August 1989)
Secretary_problem
Special kind of question inserted in a questionnaire among the regular questions
Davidenko (July 2009). "Instructional manipulation checks: Detecting satisficing to increase statistical power". Journal of Experimental Social Psychology
Instructional manipulation check
Instructional_manipulation_check
Drawing of an area's existing & proposed conditions
developing the plan. Other models for planning include rational actor, satisficing, incremental planning, organizational process, and political bargaining
Site_plan
American economist (born c. 1973)
concentration Market power Market structure Penalty of taking the lead Satisficing Shortage economy Structure–conduct–performance paradigm Technostructure
Sendhil_Mullainathan
Study of human behavior in organizational settings
because of bounded rationality For example, decision-makers often employ satisficing, the process of utilizing the first marginally acceptable solution rather
Organizational_behavior
Deciding between multiple options
Lyubomirsky, S., White, K., & Lehman, D. R. (2002). Maximizing versus satisficing: Happiness is a matter of choice. Journal of Personality and Social Psychology
Choice
ISO, IEC and IEEE standard for software testing
(25 August 2014). "How Not to Standardize Testing (ISO 29119)". Satisfice Blog. Satisfice, Inc. Retrieved 24 June 2018. Kaner, C. (28 August 2014). "Please
ISO/IEC_29119
Quality of being agreeable to reason
calculations to solve problems and make decisions. According to the satisficing heuristic, for example, agents usually stop their search for the best
Rationality
1971 book by Graham T. Allison
first proposal that adequately addresses the issue, which Simon termed "satisficing." Leaders gravitate towards solutions that limit short-term uncertainty
Essence_of_Decision
Approach to develop, fund and implement solutions to social or environmental issues
"Toward A Positive Theory of Social Entrepreneurship. On Maximizing Versus Satisficing Value Capture". Journal of Business Ethics. 125 (4): 709–713. doi:10
Social_entrepreneurship
Paradox in decision theory
tries to satisfice the expected utility and maximize the robustness against uncertainty in the imprecise probabilities. This robust-satisficing approach
Ellsberg_paradox
Principle of social research
In 1956, Nobel laureate Herbert A. Simon introduced the concept of Satisficing, a portmanteau of "satisfy" and "suffice". Simon argued that human decision-makers
Principle_of_good_enough
Practice or personal philosophy in which all decisions are made by flipping a coin
gathering only what they expect to be sufficient information to arrive at a satisficing (or "good enough") solution. Flipism is therefore a rational strategy
Flipism
Computing concept
error. Satisficing is a decision-making strategy that attempts to meet criteria for adequacy, rather than identify an optimal solution. A satisficing strategy
Action_selection
Personality trait
disorder Overachiever Pedant Perfect is the enemy of good Perfection Satisficing Self-acceptance Self-compassion Herr, Michael (2001). Kubrick. Pan Macmillan
Perfectionism_(psychology)
Aspect of survey and poll methodology
Probability Samples with Long Questionnaires: Comparisons of Respondent Satisficing and Social Desirability Response Bias". Public Opin Q (2003) 67 (1):
Mode_effect
Technique used in public administration
policy model relies on features of incremental decision-making such as: satisficing, organizational drift, bounded rationality, and limited cognition, among
Policy_analysis
American philosopher
reason and is brought to bear on issues including the rationality of "satisficing" (choosing less than the best) and the notion of "imperfect" obligation
Patricia_Greenspan
American aerospace engineer
students Matthew Gombolay and Ronald Wilcox, Julie Shah proposed Tercio, a satisficing task sequencer drawing on processor scheduling analogies, and demonstrated
Julie_Shah
Decision making with too much information
search effectively. Information overload when searching can result in a satisficing strategy. Savolainen identifies filtering and withdrawal as common responses
Information_overload
Subset of decision science
alternatives that differ to only a small degree from the existing choice. "Satisficing" A combination of the words "satisfy" and "suffice". Members accept a
Group_decision-making
Cognitive psychologist
which posits that listeners, when processing linguistic input, engage in satisficing rather than constructing detailed representations. That is, the language
Fernanda Ferreira (psychologist)
Fernanda_Ferreira_(psychologist)
Form of psychological framework
that people are not interested in maximizing personal gain, but rather satisficing. RPM further asserts that people often have multiple concerns which cannot
Reasonable_person_model
Theories relating to firms' roles in the economy
prestige) subject to an arbitrarily given profit constraint (profit satisficing). The behavioural approach, as developed in particular by Richard Cyert
Theory_of_the_firm
Opponents of Soviet ideology
Jonson, Cheryl (Winter 1987). "Cracking down on dissent: bureaucratic satisficing in the USSR". Public Administration Quarterly. 10 (4): 419–444. JSTOR 41575720
Soviet_dissidents
American academic
non‐differentiation is most likely to occur under the conditions that foster satisficing. Krosnick has also found that although ranking questions take more time
Jon_Krosnick
function. The planning module uses an evolutionary algorithm to evolve a satisficing plan. The contentment function maps from the agent's current beliefs
MANIC (cognitive architecture)
MANIC_(cognitive_architecture)
Additive - 0 None 0 Different 5 Adaptive PROP1 - PROP1 is impossible Satisficing algorithm 1 n Additive - 1 Sum values 0 Different 5 Adaptive PROP1; EF1
Temporal_fair_division
loosely defined criteria, like satisficeable or unsatisficeable. The term satisficing was first coined by Herbert Simon. Soft goals are goals that do not have
Soft_goal
Local search algorithm
efficiently On the other hand, a simple tabu search can be used to find a satisficing solution for the traveling salesman problem (that is, a solution that
Tabu_search
Social science theory
available to them, and that actors pursue optimal alternatives (rather than satisficing alternatives). They argue that actors rely on routinized responses to
Rational choice institutionalism
Rational_choice_institutionalism
Economics concept
continuous optimization, for example by supposing that consumers adopt satisficing rules rather than optimizing. An example is info-gap decision theory
Equity_premium_puzzle
Single Minute Exchange of Dies (SMED) Herbert A. Simon (1916–2001) - satisficing Nobel Prize, 1978 Ibrahim Sirkeci Adrian Slywotzky - marketing strategy
List_of_business_theorists
Practice of avoiding research whose cost exceeds its benefits
from authority Bounded rationality Mooers's law Rational irrationality Satisficing Sociology of scientific ignorance Downs. (1957), An Economic Theory of
Rational_ignorance
Type of cognitive architecture
solving inspired by Herbert A. Simon's ideas of bounded rationality and satisficing. It was first developed in the early 1990s at the City University of
FORR
combining convex search costs with expensive obfuscation. Analysis paralysis Satisficing Search theory Perfect competition Price dispersion Cost Smith, Gerald
Search_cost
Economics concept
Predictably Irrational Psychohistory Rational ignorance Rationality and Power Satisficing Social heuristics Subjective theory of value "Caplan's original paper
Rational_irrationality
Usability and concise presentation of information on websites
outcomes over optimal ones when browsing the web, a behavior known as satisficing. This is largely due to the fast-paced nature of internet use and the
Web_usability
Type of development
that there is a "default path" between two modes of activity which is "satisficing" or "least effort" path, and that such default path will "prevail unless
Group_development
Danish–American philosopher (born 1970)
S2CID 160021411. Jenkins, C.S.; Nolan, Daniel (1 September 2010). "Maximising, Satisficing and Context*". Noûs. 44 (3): 451–468. doi:10.1111/j.1468-0068.2010.00750
Berit_Brogaard
Problem of allocation of money by consumers in order to most benefit themselves
due to bounded rationality are; satisficing, elimination by aspects and the mental accounting heuristic. The satisficing heuristic is when a consumer defines
Utility_maximization_problem
Comment about usage of information retrieval
system. Availability heuristic Cognitive dissonance Confirmation bias Satisficing Peter Morville (2005). Ambient findability. O'Reilly Series. Marketing/Technology
Mooers's_law
Ethical principle; incorporates deontology into greatest-happiness thinking
more-sophisticated rule computationally intractable. Rational agents will then satisfice that intractability by seeking outcomes that produce the maximum utility
Rule_utilitarianism
Emotional state
Monterosso, John; White, Katherine (November 2002). "Maximizing Versus Satisficing:Happiness Is a Matter of Choice" (PDF). Journal of Personality and Social
Contentment
American software tester, author (born c. 1966)
ISBN 0471081124. Elizabeth Kohl (January 26, 2009). "James Bach - Satisfice, Inc". Satisfice.com. Retrieved January 19, 2012. James Bach (September 13, 2009)
James_Marcus_Bach
Month in 1916
Prize in Economic Sciences for his theories on bounded rationality and satisficing; in Milwaukee, United States (d. 2001)[citation needed] Tetsuzō Iwamoto
June_1916
Filipino economist and academic (1928–1998)
possession of x, a threshold level ui* may be defined corresponding to a satisficing or satisfactory level of that criterion. The novel idea is that further
José_Encarnación_Jr.
as an expansion of work by Herbert Simon on bounded rationality and satisficing. Tversky and Kahneman argue that people are regularly biased in their
Intuitive_statistics
Reduction of the negative effects of cognitive biases
conceived of by Herbert A. Simon in the 1960s, and leading to the concept of satisficing as opposed to optimizing, this idea found experimental expression in
Cognitive_bias_mitigation
of Financial Studies, 22(5), 1915–1953. Gigerenzer, G. (2010). Moral satisficing: Rethinking moral behavior as bounded rationality. Topics in Cognitive
Social_rationality
Process of understanding speech
University of Edinburgh) (2009) Good enough language processing: A satisficing approach, in Proceedings of the 31st annual conference of the cognitive
Sentence_processing
Dual-process theory of persuasion
of the recipient. Heuristic processing is related to the concept of "satisficing." Heuristic processing is governed by availability, accessibility, and
Heuristic-systematic model of information processing
Heuristic-systematic_model_of_information_processing
significant reduction in the discrepancy may be chosen and implemented (i.e., satisficing; Simon, 1956 ). A plan is a derived narrative about how to go from the
Theory_of_narrative_thought
Effect of voting behavior based on ballot order
ISSN 0048-5829. Däubler, Thomas; Rudolph, Lukas (2020). "Cue-Taking, Satisficing, or Both? Quasi-experimental Evidence for Ballot Position Effects". Political
Ballot_order_effect
Irregular verbs in the Spanish language
hiciera... -facer (derivatives of hacer), for example satisfacer: yo satisfice, tú/vos satisficiste(s), él/ella satisfizo…, ellos satisficieron; yo satisficiera…
Spanish_irregular_verbs
Gunn & Hain Publishers, Cambridge, MA., 1979/1980. (With G. Colson) "Satisficing, Optimization and Risk in Portfolio Selection," in: Readings in Strategy
Milan_Zeleny_bibliography
SATISFICING
SATISFICING
SATISFICING
SATISFICING
Boy/Male
Indian, Punjabi, Sikh
Warrior of God's Heart
Boy/Male
Teutonic American
Famous wolf.
Girl/Female
American, Arabic, Australian, Greek, Latin
True Image; Victory Bringer; Spring Green
Boy/Male
Tamil
Boy/Male
Hindu, Indian, Punjabi, Sikh
One who Realizes the Home Within
Boy/Male
Teutonic Norse
From Thor's cauldron.
Girl/Female
American, Hindu, Indian
Invented Name
Boy/Male
Tamil
Trident (mother of Lord Mahavir)
Boy/Male
Australian, British, Christian, English, French, Greek, Norse
From Denmark; Son of Dennis; Religion; Follower of Dionysius
Boy/Male
Indian
Lion
SATISFICING
SATISFICING
SATISFICING
SATISFICING
SATISFICING