Introduction In the realm of decision-making, the mental model of irreversibility holds significant sway over our choices and actions. Irreversibility refers to the perception that certain decisions or actions cannot be undone or reversed, leading individuals to make irrational choices that are contrary to their best interests. Anchored in human psychology, this mental model manifests […]
Tag: decision frameworks
Introduction In our fast-paced world, making decisions efficiently and effectively is crucial. However, the abundance of choices and information overload often hinder our decision-making process. This is where Hick’s Law, a mental model rooted in human psychology, comes into play. Understanding this concept is essential for streamlining decision-making and avoiding the pitfalls of analysis paralysis. […]
Introduction In the realm of decision-making, the human mind is both a powerful tool and a complex apparatus. It is susceptible to various biases and fallacies that often hinder our ability to make rational choices. One such cognitive pitfall is the Iron Law of Civilization 3, a mental model deeply rooted in human psychology that […]
Introduction: In the vast landscape of human decision-making, various mental models shape our thoughts and actions. One particularly intriguing model is the Bribery mental model, which elucidates the powerful influence of incentives on our choices. Rooted in human psychology, this model explores how we are susceptible to irrational decision-making when enticed by rewards or inducements. […]