Satisficing and Utilitarianism

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Satisficing and Utilitarianism

Satisficing vs. Utilitarianism

Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met. Utilitarianism is an ethical theory that states that the best action is the one that maximizes utility.

Similarities between Satisficing and Utilitarianism

Satisficing and Utilitarianism have 3 things in common (in Unionpedia): Bounded rationality, Consequentialism, Decision theory.

Bounded rationality

Bounded rationality is the idea that when individuals make decisions, their rationality is limited by the tractability of the decision problem, the cognitive limitations of their minds, and the time available to make the decision.

Bounded rationality and Satisficing · Bounded rationality and Utilitarianism · See more »

Consequentialism

Consequentialism is the class of normative ethical theories holding that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.

Consequentialism and Satisficing · Consequentialism and Utilitarianism · See more »

Decision theory

Decision theory (or the theory of choice) is the study of the reasoning underlying an agent's choices.

Decision theory and Satisficing · Decision theory and Utilitarianism · See more »

The list above answers the following questions

What Satisficing and Utilitarianism have in common
What are the similarities between Satisficing and Utilitarianism

Satisficing and Utilitarianism Comparison

Satisficing has 63 relations, while Utilitarianism has 138. As they have in common 3, the Jaccard index is 1.49% = 3 / (63 + 138).

References

This article shows the relationship between Satisficing and Utilitarianism. To access each article from which the information was extracted, please visit:

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