Introduction In the realm of decision-making, the Paradigm Shift mental model holds a significant place. It refers to a fundamental change in the way we perceive and interpret the world, leading to transformative shifts in our beliefs, attitudes, and actions. This mental model is anchored in human psychology and has pervasive implications in our day-to-day […]
Tag: anchoring bias
Introduction In the vast landscape of decision-making, our minds are often influenced by various cognitive biases and mental traps. One such pervasive cognitive bias is the Historical Wisdom mental model. Historical Wisdom refers to the tendency to rely excessively on past experiences, conventional knowledge, and societal norms when making decisions, rather than thoroughly evaluating the […]
Introduction In the realm of decision-making, understanding the interplay between divergent and convergent thinking is essential. Divergent thinking involves exploring multiple possibilities and generating a wide range of ideas, while convergent thinking focuses on narrowing down options and selecting the best course of action. This mental model, rooted in human psychology, profoundly impacts our day-to-day […]
Introduction In the realm of decision-making, the mental model of “Adaptation” holds significant relevance. Adaptation refers to the ability to adjust and respond to changing circumstances and environments. This blog post aims to provide a comprehensive exploration of the Adaptation mental model, its relevance in decision-making, examples of its occurrence in various contexts, biases that […]
Introduction In our complex world, making sound decisions is a crucial skill. However, our cognitive biases often lead us astray, hindering our ability to make rational choices. One such mental model that plays a significant role in decision-making processes is the Niches mental model. The Niches mental model refers to the tendency of individuals or […]
Introduction In the realm of decision-making, the concept of Foundational Species offers valuable insights into how individuals often rely heavily on initial information or reference points when making judgments or choices. This mental model, rooted in human psychology, can have significant implications for decision-making processes in various aspects of our lives. Understanding the Foundational Species […]