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From:
Mark Greville
(Uncensored)
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To maximise or to satisfice, that is the question: the 3 lies beneath rational decision making – Mark Greville
https://markgreville.ie/2021/04/29/are-you-maximising-or-satisficing-the-3-lies-beneath-rational-decision-making/
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decision making
herbert simon
satisfice
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We think we make sound decisions, but in reality our ability to be rational is bounded by the constraints of time and cognition. We are not rational creatures.