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satisfice

 

A solution to a problem is a satisficing solution if it works, but there is no particular reason to think it either the best solution, or the one that maximizes expected utility. Satisficing strategies put up with what does the job, without expending effort on searching for possibly better solutions.

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Philosophy Dictionary. The Oxford Dictionary of Philosophy. Copyright © 1994, 1996, 2005 by Oxford University Press. All rights reserved.  Read more