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satisficing behaviour

British

/ ˈsætɪsˌfaɪsɪŋ /

noun

economics the form of behaviour demonstrated by firms who seek satisfactory profits and satisfactory growth rather than maximum profits

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

For example satisficing behaviour can be represented as minimising the distance from satisfaction.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023