Abstract
A satisficing decision paradigm that has its motivation in Herbert Simon's work on bounded rationality is presented. Satisficing is characterized using a cost-benefit tradeoff. Further, a decision rule applicable to both designing intelligent machines as well as describing human behavior is generated.
Cite
CITATION STYLE
APA
Goodrich, M. A., Stirling, W. C., & Bolr, L. R. (2000). Satisficing revisited. Minds and Machines, 10(1), 79–110. https://doi.org/10.1023/A:1008325423033
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