Rational Decision Making Models

These are the typical steps associated with the rational decision making model:

 

  1. Thoroughly canvas a wide range of options
  2. Survey a full range of objectives
  3. Carefully weigh the costs, risks, and benefits of each option
  4. Intensively search for new information in evaluating options
  5. Assimilate all information
  6. Reexamine the positive and negative consequences of each option
  7. 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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