A THEORY OF SATISFICING DECISIONS AND CONTROL

Citation
Ma. Goodrich et al., A THEORY OF SATISFICING DECISIONS AND CONTROL, IEEE transactions on systems, man and cybernetics. Part A. Systems and humans, 28(6), 1998, pp. 763-779
Citations number
36
Categorie Soggetti
Computer Science Cybernetics","Computer Science Theory & Methods","Computer Science Cybernetics","Computer Science Theory & Methods
ISSN journal
10834427
Volume
28
Issue
6
Year of publication
1998
Pages
763 - 779
Database
ISI
SICI code
1083-4427(1998)28:6<763:ATOSDA>2.0.ZU;2-V
Abstract
The existence of an optimal control policy and the techniques for find ing it are grounded fundamentally in a global perspective. These techn iques can be of limited value when the global behavior of the system i s difficult to characterize, as it may be when the system is nonlinear , when the input is constrained, or when only partial information is a vailable regarding system dynamics or the environment. Satisficing con trol theory is an alternative approach that is compatible with the lim ited rationality associated with such systems. This theory is extended by the introduction of the notion of strong satisficing to provide a systematic procedure for the design of satisficing controls. The power of the satisficing approach is illustrated by applications to represe ntative control problems.