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These are the typical steps associated with the rational decision making model:
- Thoroughly canvas a wide range of options
- Survey a full range of objectives
- Carefully weigh the costs, risks, and benefits of each option
- Intensively search for new information in evaluating options
- Assimilate all information
- Reexamine the positive and negative consequences of each option
- Carefully plan to include contingencies if various risks occur
Source: Quoted from SOP, attributed to, Janis, I.L. and Mann, L. Decision making: A Psychological Analysis of Conflict, Choice, and Commitment. New York: Free Press, 1977.
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