4 ms·
The term for this style of short circuit decision making is "satisficing.". There's a wide body of economic psychology that suggests that satisficing selection
by thatthatis 13y ago
The term for this style of short circuit decision making is "satisficing.". There's a wide body of economic psychology that suggests that satisficing selection algorithms (as opposed to optimizing selection algorithms) lead to greater happiness.
http://en.m.wikipedia.org/wiki/Satisficing http://en.m.wikipedia.org/wiki/Satisficing
- wudf 13y agoI remember learning about that in micro econ. Maybe I did learn something in business school after all.