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Learnings Mental Models

Ergodicity: Unveiling the Mental Model Shaping our Decision-Making

Introduction In the realm of decision-making, our thought processes are often influenced by various mental models. One such intriguing concept is Ergodicity, a mental model deeply rooted in human psychology. Ergodicity refers to the assumption that time-averaged behavior in a system is representative of individual behavior within that system. This model holds significant relevance in […]