Model Perspective
Oct 11, 2024 · Fundamentals
Beyond Maximizing: Exploring Diverse Decision‑Making Perspectives
This article examines how decision makers can move beyond a single "maximization" goal by considering satisficing, risk minimization, multi‑objective optimization, and regret minimization, offering a richer set of viewpoints for tackling complex, uncertain choices.
decision-makingmulti-objectiveoptimization
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