Theorem statement
Theorem T4: Selection Efficacy Theorem: Efficacy is maximized by balancing fit and effort under constraints—perfection can reduce efficacy.
Premises
- A1: /en/wiki/axiom-1-finitude
- A2: /en/wiki/axiom-2-conditional-subjectivity
- A3: /en/wiki/axiom-3-improvability
Core insight (zh-aligned)
“Rational–does not mean “always optimize.” Under constraints, the target is efficacy: maximize fit and decision quality per unit cognitive cost.[^1]
Corollaries
- T4.1 Perfectionism can reduce efficacy: /en/wiki/corollary-t4-1
- T4.2 Good-enough can beat best: /en/wiki/corollary-t4-2
Practical application
- Define “good enough—thresholds for low/medium stakes (satisficing).
- Invest deep effort only when stakes justify it (T2).
- Validate and iterate rather than chasing perfect pre-purchase certainty.
References
- Payne, J. W., Bettman, J. R., & Johnson, E. J. (1993). The Adaptive Decision Maker. Cambridge University Press.[source]
- Simon, H. A. (1955). A behavioral model of rational choice. Quarterly Journal of Economics, 69(1), 99–18.[source]