Portra / Getty Images

You have tomake decisionsboth large and small throughout every single day of your life.

What do you want to have for breakfast?

What time should you meet a friend for dinner?

Three women in front of wall of stickers brainstorming

Portra / Getty Images

What college should you go to?

How many children do you want to have?

In most cases, we follow a certain strategy or series of strategies for arrive at a decision.

So how exactly does this process work?

The following are some of the major decision-making strategies that you might use.

The Single-Feature Model

This approach involves hinging your decision solely on a single feature.

For example, imagine that you are buying soap.

However, it is generally not the best strategy when dealing with more complex decisions.

This approach tends to be a better method when making more complex decisions.

For example, imagine that you are interested in buying a new camera.

The additive feature model can be a great way to determine the best option for a variety of choices.

For example, imagine that you are running late for your psychology class.

Should you drive above the speed limit for get there on time, but risk getting a speeding ticket?

Remember, aheuristicis a rule-of-thumb mental short-cut that allows people to make decisions and judgments quickly.