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Learnings Mental Models

Aumann’s Agreement Theorem: The Fallacy of Consensus in Decision-Making

Introduction In the realm of decision-making, rationality and logical thinking are often considered essential. However, human psychology reveals that our judgments are susceptible to various biases and fallacies. One such intriguing mental model is Aumann’s Agreement Theorem, named after Israeli-American mathematician and Nobel laureate Robert Aumann. This theorem challenges our assumptions about consensus and highlights […]