Introduction In the realm of decision-making, the Abduction mental model plays a significant role. Abduction refers to the process of making inferences or forming hypotheses based on limited evidence or incomplete information. It is a mode of reasoning that fills gaps in knowledge by seeking the most plausible explanation. Anchored in human psychology, the Abduction […]
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, the mental model of Chronological Snobbery holds significant relevance. It refers to the fallacious belief that the ideas, beliefs, or values of the past are inherently inferior to those of the present or future. This bias, rooted in human psychology, often influences our day-to-day lives and decision-making processes. In […]
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, it is easy to fall into the trap of relying solely on familiar tools or solutions without critically evaluating their suitability for the task at hand. Maslow’s Hammer, also known as the law of the instrument, warns against this tendency and highlights the importance of using the right tool […]
Introduction The Bayesian Update mental model revolutionizes decision-making by incorporating new evidence and adjusting beliefs and probabilities accordingly. Anchored in human psychology, this model allows individuals to update their understanding of the world based on incoming information. By embracing Bayesian Update, individuals can make more rational decisions, adapt to changing circumstances, and optimize their outcomes. […]