What is satisficing vs maximizing, and which leads to better decisions?
Why "good enough" often beats "the best", and how to choose deliberately
Satisficing — a term coined by Herbert Simon — means choosing the first option that meets your criteria, while maximizing means searching for the best possible option. Research by Barry Schwartz and colleagues found that people who habitually maximize tend to make objectively slightly better choices yet report lower satisfaction, more regret, and worse well-being — so for most everyday decisions, "good enough" wins.
Herbert Simon argued that real minds, facing limited time and information, don’t optimize — they satisfice, accepting the first option that clears a threshold. Decades later, Barry Schwartz’s "paradox of choice" work found that the people who insist on the very best pay for it in satisfaction. The skill is not to always satisfice, but to choose your mode on purpose: maximize the few decisions that truly warrant it, satisfice the rest. Each practice below carries its mechanism and an honest read on the evidence.
The practices (6)
Without a pre-set threshold, every new option becomes a fresh comparison, so the search never ends and each alternative seeds doubt about the last. Defining "good enough" before looking — Simon’s satisficing — gives the search a stopping rule, which both saves effort and prevents the comparison spiral that erodes satisfaction.
- 1Before browsing, write the criteria an option must meet to be acceptable.
- 2Search only until one option clears every criterion.
- 3Take it and stop looking — the bar, not the field, decides.
Grounded in Simon’s bounded-rationality account of satisficing and in research linking a maximizing orientation to lower satisfaction. Setting a stopping rule directly targets the endless-comparison mechanism that the maximizing research implicates.
Honest caveat: The maximizing-dissatisfaction link is correlational and the scale has been debated; effects are real but modest, not deterministic.
- — Simon (1956), bounded rationality and satisficing
- — Schwartz et al. (2002), Maximization Scale — maximizers report less satisfaction and more regret, J. Personality & Social Psychology
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