Satisfice (a portmanteau of satisfy and suffice) is a decision-making strategy that attempts to meet criteria for adequacy and not to find an ideal solution.
The word satisfice was created by Herbert Simon in 1947. He pointed out that human beings lack the cognitive resources to maximize: we usually do not know the relevant probabilities of outcomes, we can rarely test all outcomes with sufficient precision, and our memories are weak and unreliable. A more… Read More . . . “Satisfice: Satisfying & Sufficient”
Sociocracy is a governance method based on collaboration, self-organization, and distributed authority. It is designed for transparency, inclusiveness, and accountability. Democracy values freedom and equality but doesn’t have a governance structure guaranteed to ensure them. A Sociocratic Democracy uses the methods of sociocracy to achieve the values of democracy creating a practical and effective way to organize. This site is about sociocracy and the ways in which it can help democracy achieve its highest goal: freedom and equality for all, finally.