Categories
Learnings Mental Models

Irreversibility: Understanding the Mental Model That Traps Our Decision-Making

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 […]

Categories
Learnings Mental Models

Hick’s Law: Navigating Decision-Making Complexity

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. […]

Categories
Learnings Mental Models

The Iron Law of Civilization 3: Navigating the Traps of Irrational Decision-Making

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 […]

Categories
Learnings Mental Models

The Bribery Mental Model: Unraveling the Influence of Incentives on Decision Making

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. […]