Satisficing: Not Perfect But Good Enough - Deepstash
Satisficing: Not Perfect But Good Enough

Satisficing: Not Perfect But Good Enough

Satisficing is one of the foundations of productive human behaviour; it prevails when we don’t waste time on decisions that don’t matter, or more accurately when we don’t waste time trying to find improvements that are not going to make a significant difference in our happiness or satisfaction.

Example: For most of us, we clean our houses until they are clean enough, reaching a kind of equilibrium between effort and benefit. It is this cost-benefits analysis that is at the heart of satisficing.

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rosut

Microbiologist

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