Sounds good to me - any more is asking for trouble.
By the way, this sounds like the {more wordy} definition of satisficing that you can find in WIKIPEDIA
Satisficing, a "handy blended word combining satisfy with suffice", is a decision-making strategy that attempts to meet criteria for adequacy, rather than to identify an optimal solution.
A satisficing strategy may often be (near) optimal if the costs of the decision-making process itself, such as the cost of obtaining complete information, are considered in the outcome calculus.
The word satisfice was coined by Herbert Simon in 1956. He pointed out that human beings lack the cognitive resources to maximize: we usually do not know the relevant probabilities of outcomes, we can rarely evaluate all outcomes with sufficient precision, and our memories are weak and unreliable. A more realistic approach to rationality takes into account these limitations: This is called bounded rationality.
Some consequentialist theories in moral philosophy use the concept of satisficing in the same sense, though most call for optimization instead.
What is enough, though? Do we define it?
ReplyDeleteBalance is enough for me.
ReplyDeleteIf we can achieve moderation, then it's a perfect life.
ReplyDeleteHope you have a nice weekend. :)
Sounds good to me - any more is asking for trouble.
ReplyDeleteBy the way, this sounds like the {more wordy} definition of satisficing that you can find in WIKIPEDIA
Satisficing, a "handy blended word combining satisfy with suffice", is a decision-making strategy that attempts to meet criteria for adequacy, rather than to identify an optimal solution.
A satisficing strategy may often be (near) optimal if the costs of the decision-making process itself, such as the cost of obtaining complete information, are considered in the outcome calculus.
The word satisfice was coined by Herbert Simon in 1956. He pointed out that human beings lack the cognitive resources to maximize: we usually do not know the relevant probabilities of outcomes, we can rarely evaluate all outcomes with sufficient precision, and our memories are weak and unreliable. A more realistic approach to rationality takes into account these limitations: This is called bounded rationality.
Some consequentialist theories in moral philosophy use the concept of satisficing in the same sense, though most call for optimization instead.
Contentment is, in and of itself, a great gain.
ReplyDeleteIt's the knowing that's perfection, I think.
ReplyDeleteTo write enough is perfect writing!
ReplyDeleteHealth and happiness are enough. :)
ReplyDeleteThe problem is no one says its enough... at least for happiness.
ReplyDeleteTo be content is probably the first step to happiness
With our lives being bombarded by images of "perfection" and "true happiness" it's hard to realize that being content is a great place to be.
ReplyDeleteAlways love my visits here...keep writing Marty:)
ReplyDeleteEnough is never enough. You can never reach perfection, so you'll never have enough. That's my interpretation anyway ;p
ReplyDeleteExactly--don't look at the half empty glass--appreciate the half full one!
ReplyDeleteTake care,
Melinda(ville)