Satisficing Model

The satisficing model is a decision-making strategy where individuals aim for a satisfactory solution rather than the optimal one. Instead of searching exhaustively for the best possible option, people choose the first option that meets their needs or criteria reasonably well. This approach recognizes that time and resources are often limited, making it more practical to settle for a good enough option rather than pursuing perfection. Satisficing acknowledges that while we may desire the best outcomes, real-life constraints often lead us to make quicker, satisfactory choices.