Learnings Mental Models

Aumann’s Agreement Theorem: The Mental Trap That Skews Decision-Making

Introduction In the realm of decision-making, biases and cognitive shortcuts can lead us astray, often causing us to make irrational choices. One such mental model that influences our judgments is Aumann’s Agreement Theorem. Aumann’s Agreement Theorem, named after Nobel laureate Robert Aumann, explores how individuals’ beliefs and information sharing can affect their decision-making processes. This […]