74 tii FS in DC, one owner, fjord blue, $4.5K

[Gordon]

Not mine, no affiliation, etc....

http://washingtondc.craigslist.org/nva/cto/1504114344.html fjord blue with tan interior, great color combo. One of my former 02's had that color combo. This won't last long.

G-Man

[williamggruff]

Looks like the car is actually in Gainesville, Florida.

1974 BMW 2002Tii - $4500 (Gainesville)

Not that there's anything wrong with that. In fact, I'd be more inclined to buy a Florida car than a DC rustaceon.

[leadphut]

one of my favorite steering wheels

[bugtustlebub]

maybe, it's Gainesville, VA near Manassas?

Regards,

Randy Bryant

Elkton, VA (not MD)

[THE1ST3]

It is in Gainesville near Manassas. I am staying off I-66 AND Route 29 this weekend: no sense tempting fate!

[Guest Anonymous]

I'm in the process of purchasing this vehicle. Will report when I have it in my position. I looked at the car today, it's in good condition. Little needed work as far as cosmetics, will report in detail later. What do you guys think of the price? We are officially exchanging paper work later on this week hopefully.

[THE1ST3]

Can't say much about the asking price from a coupla tiny photos. You have seen it in person and, presumably, heard it run, driven it etc. If you and the seller feel good about the transaction, it is a fair price.

[Guest Anonymous]

Yes, going to go pick up the vehicle tomorrow. Hopefully it will be a good decision and not bite me later on.

[THE1ST3]

Picked up this term in B-School; I think it applies here:

Satisficing (a portmanteau of satisfy and suffice) is a decision-making strategy that attempts to meet criteria for adequacy, rather than to identify an optimal solution. A satisficing strategy may often be (near) optimal if the costs of the decision-making process itself, such as the cost of obtaining complete information, are considered in the outcome calculus.

Krosnicks (1991) refers to the "satisficing" theory, namely optimizing the use of all the cognitive steps that can be distinguished in the question answering process.

The word satisfice was coined by Herbert Simon. 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 evaluate all outcomes with sufficient precision, and our memories are weak and unreliable. A more realistic approach to rationality takes into account these limitations: This is called bounded rationality.

Some consequentialist theories in moral philosophy use the concept of satisficing in the same sense, though most call for optimization instead.