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Terms vs Satisfices - What's the difference?

terms | satisfices |

As a noun terms

is .

As a verb satisfices is

(satisfice).

terms

English

Noun

(head)

    • Statistics

    * ----

    satisfices

    English

    Verb

    (head)
  • (satisfice)

    • satisfice

    English

    Etymology 1

    1560, Northern alteration of (satisfy), probably influenced in form by (etyl) satisfacere.

    Verb

    (en-verb)
  • (obsolete) To satisfy.

    • Etymology 2

    (wikipedia satisfice) , coined in 1956 by (Herbert Simon).

    Verb

    (en-verb)
  • (social science, of human behavior, intransitive) To make a choice that suffices to fulfill the minimum requirements to achieve an objective, without special regard for utility maximization or optimization of one's preferences.
  • *

    • See also

    * satisficer

    References

    * * "satisfice" at The Phrontistery - A Dictionary of Obscure Words . * Oxford English Dictionary , 2nd ed., 1989. ----