Principlev1PR-227
Use satisficing decision rules (define 'good enough'…
Use satisficing decision rules (define 'good enough' thresholds and stop searching when met) rather than maximizing strategies when information is abundant and time-constrained, because maximizing produces worse subjective outcomes despite objectively equivalent or better choices.
Why This Is a Principle
Directly derives from Human beings make decisions under conditions of incomplete… (bounded rationality) and Increasing options decreases satisfaction and increases… (choice overload). This is a clear principle — actionable prescription that follows from axioms about human cognitive constraints. It tells you how to make decisions under information abundance.