Models of decision making are frameworks that help individuals and organizations understand how choices are made. Common models include the Rational Model, which emphasizes logical reasoning and systematic analysis of options, and the Bounded Rationality Model, which acknowledges that decision-makers have limitations in information and cognitive processing. Another important model is the Intuitive Model, where decisions are made based on gut feelings or instincts rather than extensive analysis. Additionally, the Incremental Model suggests that decisions are often made through small, gradual changes rather than large, sweeping reforms. Each model offers unique insights into the decision-making process.