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Maximizing versus satisficing in the digital age: Disjoint scales and the case for “construct consensus”

2018

Abstract A question facing us today, in the new and rapidly evolving digital age, is whether searching for the best option – being a maximizer – leads to greater happiness and better outcomes than settling on the first good enough option found – or “satisficing.” Answers to this question inform behavioural insights to improve well-being and decision-making in policy and organizational settings. Yet, the answers to this fundamental question of measurement of the happiness of a maximizer versus a satisficer in the current psychological literature are: 1) conflicting; 2) anchored on the use of the first scale published to measure maximization as an individual-difference, and 3) unable to descr…

Settore M-PSI/01 - Psicologia GeneraleBF PsychologySettore M-PSI/02 - Psicobiologia E Psicologia FisiologicaHD28 Management. Industrial Managementmedia_common.quotation_subject05 social sciences050109 social psychologyMaximizationData science050105 experimental psychologymaximizing satisficing individual differences decision making scale anchoring bias digital search toolsArgumentScale (social sciences)HappinessSatisficing0501 psychology and cognitive sciencesRelevance (information retrieval)PsychologyConstruct (philosophy)Social psychologyGeneral Psychologymedia_commonFace validityPersonality and Individual Differences
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