“[Even Darwin’s] natural selection only predicts that survivors will be fit enough, that is, fitter than their losing competitors; it postulates satisficing, not optimizing.”

Source: 1980s and later, Models of my life, 1991, p. 166; As cited in Ronald J. Baker (2010, p. 122).

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Herbert A. Simon 58
American political scientist, economist, sociologist, and p… 1916–2001

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“Since my world picture approximates reality only crudely, I cannot aspire to optimize anything; at most, I can aim at satisficing. Searching for the best can only dissipate scarce cognitive resources; the best is the enemy of the good.”

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Source: 1980s and later, Models of my life, 1991, p. 361; As cited in Ronald J. Baker (2010) Implementing Value Pricing: A Revolutionary Business Model for Professional Firms. p. 122.

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