Satisfice: Revision history

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19 November 2023

  • curprev 17:5917:59, 19 November 2023‎ Amwelladmin talk contribs‎ 1,183 bytes +58‎ No edit summary
  • curprev 17:5317:53, 19 November 2023‎ Amwelladmin talk contribs‎ 1,125 bytes +1,125‎ Created page with "{{a|design|}}{{quote| Both from these scanty data and from an examination of the postulates of the economic models it appears probable that, however adaptive the behavior of organisms in learning and choice situations, this adaptiveness falls far short of the ideal of “maximizing” postulated in economic theory. Evidently, organisms adapt well enough to “satisfice”; they do not, in general, “optimize.” :—Herbert Simon, ''Rational Choice and the..." Tag: Visual edit: Switched
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