Journal article
Satisficing, preferences, and social interaction: a new perspective
- Abstract:
- Satisficing is a central concept in both individual and social multiagent decision making. In this paper we first extend the notion of satisficing by formally modeling the tradeoff between costs (the need to conserve resources) and decision failure. Second, we extend this notion of “neo”-satisficing into the context of social or multiagent decision making and interaction, and model the social conditioning of preferences in a satisficing framework.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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- Files:
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(Preview, Accepted manuscript, pdf, 397.2KB, Terms of use)
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- Publisher copy:
- 10.1007/s11238-015-9531-y
Authors
- Publisher:
- Springer Verlag
- Journal:
- Theory and Decision More from this journal
- Volume:
- 81
- Issue:
- 2
- Pages:
- 279-308
- Publication date:
- 2015-12-24
- Acceptance date:
- 2015-12-08
- DOI:
- EISSN:
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1573-7187
- ISSN:
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0040-5833
- Keywords:
- Pubs id:
-
pubs:580166
- UUID:
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uuid:6cf1d725-ec18-40ae-9e4c-24439c5c0dfd
- Local pid:
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pubs:580166
- Source identifiers:
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580166
- Deposit date:
-
2015-12-18
- ARK identifier:
Terms of use
- Copyright holder:
- Springer
- Copyright date:
- 2015
- Notes:
- © Springer Science+Business Media New York 2015. This is the accepted manuscript version of the paper. The final version is available from Springer Nature at: https://doi.org/10.1007/s11238-015-9531-y
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