Friday 31 January 2014

tools, satisficing, and TH, Dad

1 Sometimes we could use a couple of useful tools: Be a satisficer (work down the list and pick the first option that ticks most of your boxes). Set a timer (15 minutes of researching and then stop). Ask for help. 
2 Satisficing
Satisficing is a decision-making strategy that entails searching through the available alternatives until an acceptability threshold is met. This is contrasted with optimal decision making, an approach that specifically attempts to find the best alternative available. The term satisficing, a combination osatisfy and suffice, was introduced by Herbert A Siminon in 1956. Simon used satisficing to explain the behavior of decision makers under circumstances in which an optimal solution cannot be determined. He pointed out that human beings lack the cognitive resources to optimize: We can rarely evaluate all outcomes with sufficient precision, usually do not know the relevant probabilities of outcomes, and possess only limited memory. Simon formulated the concept within a novel approach to rationality, which takes into account these limitations. 
3 We both enjoy watching the acting skills of Tom Hanks so despite the fact that it was a 3 hour movie we decided to watch Cloud Atlas. It's a good movie but is very difficult to follow for the first hour or so because it's a few stories intertwined not only in theme but with the actors playing multiple roles in a variety of eras. Kudos to the directors for their ability to seamlessly intertwine the stories. Sappy ending but hey it is Tom Hanks.
4 It's been 12 years since my dad has been gone but never forgotten. xo love you dad xo

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