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Complete Definition of "satisfice"

English

Verb
en-verb|satisfic|ing

#obsolete To satisfy.

  1. context|social science|of human behavior To make a choice that suffices to fulfill the minimum requirements to achieve an objective, without special regard for utility maximization or optimization of one's preferences.

References
R:Dictionary.com|satisfice
"satisfice" at The Phrontistery - A Dictionary of Obscure Words.
Oxford English Dictionary, 2nd ed., 1989.

Revision and Credits for"satisfice"
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