Results for 'Nuttaporn Rochanahastin'

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    When and how to satisfice: an experimental investigation.John D. Hey, Yudistira Permana & Nuttaporn Rochanahastin - 2017 - Theory and Decision 83 (3):337-353.
    This paper is about satisficing behaviour. Rather tautologically, this is when decision-makers are satisfied with achieving some objective, rather than in obtaining the best outcome. The term was coined by Simon, and has stimulated many discussions and theories. Prominent amongst these theories are models of incomplete preferences, models of behaviour under ambiguity, theories of rational inattention, and search theories. Most of these, however, seem to lack an answer to at least one of two key questions: when should the decision-maker satisfice; (...)
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