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“Aristotle urged people to seek “the golden mean� between extremes, “moderation in all things� (which we interpret as including moderation in the pursuit of moderation). But why should this golden mean in general be desirable? Clyde Coombs and George Avrunin (1977) have enunciated a very simple principle that implies moderation: “Good things satiate and bad things escalate.”

Reid Hastie, Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making
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Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making by Reid Hastie
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