Introduction In the realm of decision-making, the mental model of the Flywheel Effect plays a crucial role in understanding the power of momentum and its impact on our choices. The Flywheel Effect can be defined as the concept that small, consistent actions over time can lead to significant cumulative results. Anchored in human psychology, this […]
Introduction In the realm of decision-making, the mental model of Clark’s Third Law holds significant influence over our choices and actions. Clark’s Third Law states that “Any sufficiently advanced expertise is indistinguishable from magic.” Anchored in human psychology, this mental model revolves around the perception of expertise and its prevalence in our day-to-day lives. Understanding […]
Introduction In our quest for efficient decision-making, we often rely on mental shortcuts known as heuristics. One such heuristic, the Precedents mental model, plays a significant role in shaping our choices. Precedents refer to the tendency to heavily anchor our decisions on past events or experiences. This cognitive bias, deeply rooted in human psychology, influences […]
Introduction In the realm of decision-making, the mental model of irreversibility holds significant sway over our choices and actions. Irreversibility refers to the perception that certain decisions or actions cannot be undone or reversed, leading individuals to make irrational choices that are contrary to their best interests. Anchored in human psychology, this mental model manifests […]
Introduction In our daily lives, we constantly rely on mental shortcuts, or heuristics, to make decisions quickly and efficiently. However, these shortcuts can sometimes lead us astray, causing us to make irrational choices. One such mental model that influences our decision-making is the Common Law model. Common Law refers to a cognitive bias that places […]
Introduction In the realm of decision-making, the viscosity mental model plays a significant role in shaping our choices and actions. Viscosity refers to the resistance or friction we experience when trying to change our current state, habits, or beliefs. It is deeply rooted in human psychology, affecting our day-to-day lives and influencing decisions that may […]