FastSaying

Whereas economic man maximises, selects the best alternative from among all those available to him, his cousin, administrative man, satisfices, looks for a course of action that is satisfactory or 'good enough'.

Herbert A. Simon

Herbert A. Simon

ActionAdministrativeAlternativeAmongAvailableBestCourseCousinEconomicEnoughGoodHimHisLooksManSatisfactoryThoseWhereas

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