Definition of Satisficing. Meaning of Satisficing. Synonyms of Satisficing

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Definition of Satisficing

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Meaning of Satisficing from wikipedia

- philosophy use the concept of satisficing in the same sense, though most call for optimization instead. In decision making, satisficing refers to the use of aspiration...
- soft drink, launched in 2012 Effort satisficing theory, a decision-making strategy; see Satisficing § Effort satisficing theory Established; see Anniversary...
- satisficing, in which individuals evaluate options until they find one that is "good enough". The distinction between "maximizing" and "satisficing"...
- finding. Acquiescence bias is proposed to be a product of 'satisficing' behaviour. 'Satisficing' sees respondents select responses that are satisfactory...
- 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...
- heuristic Recognition heuristic Satisficing Similarity heuristic Take-the-best heuristic Tallying Herbert Simon's satisficing heuristic can be used to choose...
- and he is best known for the theories of "bounded rationality" and "satisficing". He received the Nobel Memorial Prize in Economic Sciences in 1978 and...
- anti****ted or was very unlikely. Another difference is between maximizing and satisficing consequentialism. According to maximizing consequentialism, only the...
- inhibit it… The results suggest that persons in elevated moods may prefer satisficing strategies, which would lead to a higher number of proposed solutions...
- different alternatives. See also Decision analysis and Decision theory. Satisficing: examining alternatives only until the first acceptable one is found...