satisfice
Definition from Wiktionary, the free dictionary
Contents |
English [edit]
Etymology 1 [edit]
1560, Northern alteration of satisfy, probably influenced in form by Latin satisfacere.
Verb [edit]
satisfice (third-person singular simple present satisfices, present participle satisficing, simple past and past participle satisficed)
- (obsolete, transitive) To satisfy.
Etymology 2 [edit]
Blend of satisfy and suffice, coined in 1956 by Herbert Simon.
Verb [edit]
satisfice (third-person singular simple present satisfices, present participle satisficing, simple past and past participle satisficed)
- (social sciences, of human behavior, intransitive) 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.
- 1956, Simon, H. A., “Rational choice and the structure of the environment”, Psychological Review, volume 63 No. 2, page 129:
- Evidently, organisms adapt well enough to ‘satisfice’; they do not, in general, ‘optimize’.
- 1956, Simon, H. A., “Rational choice and the structure of the environment”, Psychological Review, volume 63 No. 2, page 129:
See also [edit]
References [edit]
- “satisfice” in Dictionary.com Unabridged, v1.0.1, Lexico Publishing Group, 2006.
- "satisfice" at The Phrontistery - A Dictionary of Obscure Words.
- Oxford English Dictionary, 2nd ed., 1989.
Spanish [edit]
Verb [edit]
satisfice (infinitive satisfacer)
- First-person singular (yo) preterite indicative form of satisfacer.