Introduction In the realm of decision making, the Middle Ground Fallacy is a mental model that highlights the tendency to believe that the truth or the best solution lies somewhere in the middle of two extremes. It is the mistaken belief that finding a compromise between two opposing viewpoints automatically leads to the most rational […]
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 […]