Introduction In the realm of decision-making, mental models play a vital role in shaping our thought processes and influencing the choices we make. One such mental model that often creeps into our thinking is the Epidemic Models. This concept refers to our tendency to view ideas, beliefs, and behaviors as contagious epidemics, which can lead […]
Introduction The Network Effects mental model revolves around the idea that the value and utility of a product, service, or decision increase as more individuals adopt or participate in it. This concept plays a significant role in decision-making processes, shaping our choices and influencing outcomes. Anchored in human psychology, Network Effects are prevalent in our […]