Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • v. To satisfy.
  • v. 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.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • v. decide on and pursue a course of action satisfying the minimum requirements to achieve a goal

Etymologies

1560, Northern alteration of satisfy, probably influenced in form by Latin satisfacere. (Wiktionary)

Examples

  • The debate over whether librarians should be complicit in students' efforts to "satisfice" -- that is, do what they can to get by and graduate -- can be a contentious one, since it runs to the root of what the library and higher education in general is for."

    Study: College students rarely use librarians' expertise

  • It tells readers to set standards and look for "good enough," rather than holding out for the very best conceivable choice: to "satisfice," in the jargon of social scientists, rather than "maximize."

    Reason Magazine - Hit & Run

  • Thill says she does not think "satisfice" should be a dirty word.

    Study: College students rarely use librarians' expertise

  • If these students are trying to "satisfice," it probably isn't so that they'll have more time to goof off, she said.

    Study: College students rarely use librarians' expertise

  • To satisfice is "to decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal" OED.

    How to Choose a Sewing Machine - A Dress A Day

  • Dynamic Tension eliminates the tendency to satisfice by making it impossible to succeed without thinking differently.

    The Elegant Solution

  • There is always some foot-dragging in order to satisfice sufficient numbers of the laggards to justify a game from a business perspective.

    March 2005

  • Saunders and Tuggle commented in the same vein that a lack of stringent competition allows managers to “satisfice at a more comfortable level” instead of having to optimize, as planning supposedly does 1977:21.

    The Rise and Fall of Strategic Planning

  • They do not maximize or“satisfice;” they often make quite poor, subrational choices.

    THE MORAL DIMENSION

  • Firms would try to ‘satisfice’ rather than to maximize. 1959, p. 263, italics provided.

    THE MORAL DIMENSION

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