For The Talented Underachiever

Tag: efficiency

Via Negativa: The Power of Elimination in Decision-Making

Post author By Patrick
Post date June 15, 2023
No Comments on Via Negativa: The Power of Elimination in Decision-Making

Introduction In the realm of decision-making, the mental model of Via Negativa emphasizes the importance of subtracting, eliminating, or avoiding certain actions or elements to improve outcomes. Via Negativa is rooted in human psychology and plays a significant role in our day-to-day lives. This blog post aims to explore the concept of Via Negativa, its […]

Tags bias, business strategies, critical thinking, Decision-Making, effectiveness, efficiency, elimination, Mental Model, personal development, Public Policy, subtraction, Via Negativa

Learnings Mental Models

The 3-6-3 Rule: Unraveling the Illusion of Simplicity in Decision-Making

Post author By Patrick
Post date June 8, 2023
No Comments on The 3-6-3 Rule: Unraveling the Illusion of Simplicity in Decision-Making

Introduction In the realm of decision-making, the 3-6-3 Rule stands as a mental model that can significantly impact our choices. This rule refers to a simplified approach often used in banking and financial institutions, where depositors are promised a 3% interest rate, loans are provided at 6%, and bankers hit the golf course at 3 […]

Tags 3-6-3 Rule, anchoring bias, Cognitive Biases, complexity, confirmation bias, Decision-Making, efficiency, flexibility, mental models, simplicity, trade-offs