Satisficing
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Satisficing
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Seslendiren:
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Yazan:
Set a bar for good enough, and stop searching when something clears it.
Satisficing, a word coined by Herbert Simon, means setting a bar for good enough and choosing the first option that clears it. Because our time, information and attention are limited, chasing the perfect choice often costs more than it gains.
To use it, define your must-have criteria before you start looking, then stop at the first option that meets them. Save exhaustive searching for high-stakes decisions like hiring, health or major investments.
Read more about Satisficing: https://mentalmodelsdaily.com/models/satisficing/
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