Introduction In the realm of decision-making, the Swarming mental model stands as a captivating phenomenon deeply rooted in human psychology. It describes a scenario where individuals or groups are swayed by the power of consensus, leading them to make irrational choices that defy their best interests. This mental bias, prevalent in our day-to-day lives, has […]
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 […]