How can you distinguish between decision making models?
Decision making is a crucial skill in any field, but especially in those that require analytical thinking and problem solving. However, not all decisions are made in the same way. Depending on the context, the goals, the criteria, and the available information, different decision making models can be applied to achieve the best outcomes. In this article, you will learn how to distinguish between four common decision making models: rational, intuitive, satisficing, and incremental.