Introduction In the realm of decision-making, the mental model of the Flywheel Effect plays a crucial role in understanding the power of momentum and its impact on our choices. The Flywheel Effect can be defined as the concept that small, consistent actions over time can lead to significant cumulative results. Anchored in human psychology, this […]
Introduction In the realm of decision making, optimism is often celebrated as a valuable trait, providing motivation and resilience in the face of challenges. However, psychological research has revealed a fascinating phenomenon known as Positive Illusions, which sheds light on the potential pitfalls of excessive optimism. Positive Illusions refer to the cognitive biases that lead […]