Introduction In our daily lives, we often make decisions based on comparisons and relative evaluations rather than objective measures. The human mind is wired to perceive and evaluate things in relation to their context, and this cognitive tendency is known as the “Relativity” mental model. Understanding this mental model is crucial as it plays a […]
Introduction In the realm of decision-making, Pascal’s Wager presents an intriguing mental model. It involves making choices based on potential rewards and punishments, particularly in matters of faith or belief. Anchored in human psychology, Pascal’s Wager finds prevalence in our day-to-day lives, often leading individuals or groups to make irrational decisions contrary to their best […]
Introduction In the intricate landscape of decision-making, the human mind often resorts to mental shortcuts and biases that can lead to irrational choices. One such mental model that frequently influences our decision-making process is the concept of Decision Trees. Rooted in human psychology, Decision Trees represent a cognitive framework through which individuals evaluate choices, weigh […]