Satisfice

Term coined by Herbert Simon (1957) as a cross between satisfying and sufficing.

 

 

"Satisfice: To accept a choice or judgment as one that is good enough, one that satisfies. According to Herbert Simon, who coined the term, the tendency to satisfice shows up in many cognitive tasks such as playing games, solving problems, and making financial decisions where people typically do not or cannot search for the optimal solutions." (Reber, 1995).

 

In Library and Information Science (LIS) is Patrick Wilson among the authors, who uses Simon's concept:

 

"Efficiency in the use of information is clearly desirable. It is not merely desirable; it is a test of rationality. One standard view of rationality is that rational decision making and rational belief formation require the use of all available relevant information. The failure to use available relevant information is taken as a prima facie sign of irrationality.... .. However, empirical evidence seems clearly to point to inefficiency, to widespread failure to use relevant information.. ... To say that people satisfice in the use of information may simply mean that they "use search routines that are limited in extent, narrow in conception, and suboptimal in outcome" (Wilson, 1996, p. 21 & 23)
 

 

 

 

Literature:

 

Reber, A. S. (1995). The Penguin Dictionary of Psychology. Harmondsworth:  Penguin Books Ltd

 

Simon, H. A. (1957). Models of Man: Social and Rational. New York: Wiley.

 

Wilson, P. (1996). Some Consequences of Information Overload and Rapid Conceptual Change. Pp. 21-34 in: Olaisen, Johan; Erland Munch-Petersen and Patrick Wilson (eds.): Information Science. From the Development of the Discipline to Social Interaction. Oslo: Scandinavian University Press.

 

See also: Futility point criterionOverload

 

 

 

Birger Hjørland

Last edited: 23-03-2006

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