satisficing

Acceptable, not optimal

Satisficing combines "satisfy" and "suffice" to describe choosing an option that meets minimum requirements rather than seeking the optimal one.

From behavioral economics: decision-makers often lack time or information to maximize outcomes, so they accept "good enough." Rather than researching every laptop on the market, I satisficed and bought the first one that met my basic needs.

decision-theory

heuristics

Practical problem-solving shortcuts

trade-offs · optimization · maximizing · choice · alternatives · decision-making · judgment · preferences · evaluation · options

pragmatism

practical

Suited for real use

prioritization · expediency · utilitarian · workable · down-to-earth · commonsense · judicious · trade-offs · no-frills · matter-of-fact

adequacy

acceptable

Meeting minimum standards

serviceable · threshold · baseline · decent · tolerable · functional · contentment · settling · basic · modest

compromise

trade-off

Exchange requiring sacrifice

give-and-take · negotiation · balance · adjustment · moderation · suboptimal · fallback · alternative · reconciliation · accommodation

Opposites
decision-making strategy

satisficingmaximizing

Increasing to fullest extent

optimizing · maximising · optimization · maximization

aspiration level

satisficingperfectionism

Compulsive pursuit of flawlessness

holding out · insatiability · overachievement · leaving no stone unturned

Family

satisfy, satisfied, satisfaction, sufficient, suffice, satisfactory, dissatisfied, unsatisfied, unsatisfying

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