The other extreme: decision avoidance, including maximizing is both excruciating and ultimately wasteful.
Recently that tactic ended in a rashly chosen “IT focus” ($*%! ) that will haunt me … for years.
#decisionmaking #beslutningsvegring #satisficing vs #maximizing
I say I am an #agnostic #nihilist because belief is not a route to knowledge. But I am also an #absurdist by way of #existentialism . In our phenomenological acceptance (or faith in) the way things are we discover #meaning which is actually an interpretation of #causation. A form of #satisficing within the ‘wrong but useful (informational) models’ within our minds. In the wrongness of the models but the requirement to decide is the freedom of our will in the most practical and real sense to ‘us’ as minds.
This week I explore trust developing through iterative interactions that are shaped by cultural, structural, and relational factors.
#HighTrustEnvironments #Satisficing #BoundedRationality #Leadership #OrganisationalCulture
https://robert.winter.ink/the-speed-of-higher-trust-leaders-part-2/
"The urge to do everything faster and better is risky. Far wiser to do what’s good enough for the range of possible futures"
https://psyche.co/ideas/why-efficiency-is-dangerous-and-slowing-down-makes-life-better
#BoundedRationality #satisficing #efficiency
#Satisficing comes to mind… and #patience. They'll come around. #SocialMedia are what we make them in the end… 🙂
https://davekarpf.substack.com/p/on-generative-ai-and-satisficing
Generative #AI is changing the way we complete tasks. While it is helpful for tasks like planning a trip or meal, it cannot replace the #creativity of humans. Its best use is for simplifying obnoxious tasks. It can support writers and other professionals whose fields cannot be replaced by AI. Yet, we should keep an eye on the revenue models of these tools and put restrictions on their monetization to ensure they are used responsibly.
#satisficing #productivity #AIEthics
@allafarce
"Metamodernism" !?
and I thought Herbert Simon's #satisficing https://en.wikipedia.org/wiki/Satisficing was an unfortunate term!
Interested in working with @tobiasgummer, Christof Wolf, and me on a project about non-optimized response behavior in surveys (#satisficing) with data from twin studies at the Mannheim Centre for European Social Research (MZES) AND writing your dissertation @unimannheim? Apply by Jan 15! https://mzes.uni-mannheim.de/d7/en/news/items/research-associate-fmd-twin-studies
Do you study #satisficing, careless response, or inattentiveness in self-administered #surveys such as #websurveys? Please, consider submitting your abstract to our #esra 2023 session. Hope to see you in #Milan. @tobiasgummer https://www.europeansurveyresearch.org/conf2023/sessions.php?sess=12
this is rather interesting
"#Satisficing, a portmanteau of satisfy and suffice, is a cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met" #decisionmaking en.wikipedia.org/wiki/Satisficing
@jec Yes, this is very much what I'm getting at.
There are some Mastodon tools you can use, more on that in a follow-up.
On the concept itself, earlier writings:
Cheap Rejection as a Feature
Builds the idea that cheap and fast no-gregats information rejection is a feature in an information-rich world:
[M]ental models are not simply modeling devices, but information rejection tools. Borrowing from Clay Shirkey’s “It’s not information overload, it’s filter failure”, the world is a surprisingly information-rich space, and humans (or any other information-processing system, biological or otherwise) simply aren’t equipped to deal with more than a minuscule fraction of it. We aim for a useful fraction. It paints an incomplete, but useful picture.
Even a bad model has utility if it rejects information cheaply.
<https://diaspora.glasswings.com/posts/ab83b940180801391b0d002590d8e506
Refutation of Metcalfe's Law revisited: network effects meet Sturgeon's Law
https://old.reddit.com/r/dredmorbius/comments/1yzvh3/refutation_of_metcalfes_law_revisited_network/
On bullshit, S/N, craft, respect, and originality
https://old.reddit.com/r/dredmorbius/comments/1sdvma/on_bullshit_sn_craft_respect_and_originality/
#SignalNoise #Information #InformationOverload #CheapRejection #Models #Satisficing #InformationTheory
I always say this lol, but #ForReal going to aim to spend less time online acquiring minute knowledge of left factional beef, and more time #studying to acquire minute knowledge of facile debates in formal political economy. #LivingMyBestLife #Satisficing
