Viewed: 82 - Published at: 9 years ago

When Nobel Prize–winning economist and psychologist Herbert Simon initially introduced the idea of "satisficing" in the 1950s, he suggested that when all the costs {in time, money, and anguish} involved in getting information about all the options are factored in, satisficing is, in fact, the maximizing strategy.

( Barry Schwartz )
[ The Paradox of Choice: Why ]
www.QuoteSweet.com

TAGS :