Satisficing
Risk & psychologyChoosing the first option that meets your requirements rather than the theoretical best.
In plain terms
A deliberately imperfect first step converts a decision into a running system you can improve later.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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