Introduction In the realm of decision making, humans are prone to various cognitive biases that can lead to irrational judgments. One such bias is the Texas Sharpshooter Fallacy, a mental model rooted in human psychology that significantly impacts our day-to-day lives. This fallacy involves drawing false conclusions by cherry-picking data points after the fact, creating […]
Introduction In the intricate landscape of decision-making, our minds often navigate through a maze of conflicting thoughts and beliefs. One powerful mental model that underlies these processes is Cognitive Dissonance. Anchored in human psychology, Cognitive Dissonance explains the discomfort we experience when our thoughts, beliefs, or actions clash with one another. This phenomenon has profound […]
Introduction The Creative Destruction mental model is a fascinating concept that plays a significant role in our decision-making processes. It is deeply rooted in human psychology and is prevalent in our day-to-day lives. This mental model is a tool that helps us understand the cycle of innovation and obsolescence, where new ideas, technologies, and processes […]