The second assumption of the rational model is that individuals' preferences are well‑defined and constant over time. This simply means that there are no ‘jumps’ in people’s preferences.

No decision-making process can guarantee that you’ll never make a mistake, but a more systematic approach can help you avoid impulsive choices that you’re more likely to regret.

But before we reach for an off-theshelf decision-making model to guide us, we need to take into consideration the premise mentioned above. By using a more rational decision-making approach, the better ...

These steps are reflected in rational decision-making models, and although you might find minor differences, most models adhere to roughly the same pattern: Identify the decision to be made.

Jean-Louis van Gelder, Reinout E. de Vries, Rational Misbehavior? Evaluating an Integrated Dual-Process Model of Criminal Decision Making, Journal of Quantitative Criminology, Vol. 30, No. 1 (March ...