Introduction The Maxima and Minima mental model directs our attention to the highs and lows within decision-making processes. It involves recognizing the presence of optimal and suboptimal points, or turning points, in various situations. Anchored in human psychology, this mental model compels us to assess the extremes and understand their relevance when making choices. By […]
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Introduction In the complex landscape of decision-making, our minds often rely on mental shortcuts and biases that can lead to irrational judgments. One such cognitive bias, the Specialization mental model, plays a significant role in shaping our choices and actions. Specialization refers to the tendency to overvalue a specific area of expertise or knowledge while […]