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From:
Mark Greville
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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
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.
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