Hacker News new | ask | show | jobs
by thatthatis 4563 days ago
The term for this style of short circuit decision making is "satisficing.". There's a wide body of economic psychology that suggests that satisficing selection algorithms (as opposed to optimizing selection algorithms) lead to greater happiness.

http://en.m.wikipedia.org/wiki/Satisficing

1 comments

I remember learning about that in micro econ. Maybe I did learn something in business school after all.