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Learnings Mental Models

The Common Law Mental Model: Navigating the Pitfalls of Precedent in Decision-Making

Introduction In our daily lives, we constantly rely on mental shortcuts, or heuristics, to make decisions quickly and efficiently. However, these shortcuts can sometimes lead us astray, causing us to make irrational choices. One such mental model that influences our decision-making is the Common Law model. Common Law refers to a cognitive bias that places […]