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A mathematical programming model for satisficers.

Publication: Operations Research
Publication Date: 01-MAR-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
In a world where uncertainty is prevalent, a satisficer prefers positions that best achieve her goal or targeted objective. In deciding alternatives for a satisficer, the traditional approach of maximizing the probability of achieving the goal is incoherent because it does not take into account the level of under-performance...



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