You Are Not So Smart cover image

282 - They Thought We Were Ridiculous - Andy Luttrell

You Are Not So Smart

NOTE

Satisficing: The Art of Embracing Good Enough

The concept of satisficing highlights the human tendency to settle for good enough rather than striving for the absolute best due to cognitive limitations, such as limited brain power, time, and patience. This reflects the use of heuristics, which are mental shortcuts that allow for quicker decision-making. Heuristics emerged alongside the idea of bounded rationality in psychology, indicating our reliance on simplified approaches in complex situations. This ability to find satisfactory solutions rather than optimal ones underscores our nature as satisficers in various aspects of life.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner