Introduction The Circle of Competence is a mental model that emphasizes the importance of understanding one’s knowledge and expertise boundaries in decision-making. Anchored in human psychology, this model highlights the significance of self-awareness and the ability to recognize and stay within one’s area of competence. By embracing the Circle of Competence, individuals can make more […]
Introduction In the realm of decision making, our judgments are often influenced by cognitive biases. One such bias is the Plain Folks Fallacy, a mental model deeply rooted in human psychology that significantly impacts our day-to-day lives. This fallacy involves making irrational decisions based on the perceived trustworthiness and relatability of individuals or groups who […]
Introduction In the realm of decision-making, our expertise and knowledge can sometimes become a double-edged sword. The Curse of Knowledge is a mental model that highlights the difficulty experts face in communicating and understanding the perspective of novices due to the gap in knowledge. This blog post delves into the concept of the Curse of […]
Introduction In the complex landscape of decision-making, our minds often rely on mental shortcuts and biases that can lead to irrational judgments. One such cognitive bias, the Specialization mental model, plays a significant role in shaping our choices and actions. Specialization refers to the tendency to overvalue a specific area of expertise or knowledge while […]