Introduction In the pursuit of understanding and navigating the complexities of the world, we often rely on mental models that shape our perceptions and guide our decision-making processes. One such model is the concept of All Models Are Wrong. Contrary to what its name may imply, this mental model acknowledges the inherent limitations and imperfections […]
Introduction In our quest to understand the world around us, we often rely on mental models that shape our perceptions and guide our decision-making processes. One such model is the concept of Map-Territory Relations. Originating from philosopher Alfred Korzybski’s work, this mental model highlights the distinction between our mental representations (maps) and the objective reality […]
Introduction In the complex world we inhabit, decision making is an inherent part of our daily lives. However, uncertainty often lurks in the shadows, shaping the choices we make and the outcomes we experience. One such form of uncertainty is known as Knightian Uncertainty, named after economist Frank Knight, who first introduced the concept in […]
Introduction In our daily lives, we encounter countless situations where we must make decisions. However, our judgment can sometimes be clouded by biases and preconceived notions, leading us astray from rational thinking. Hanlon’s Razor, a powerful mental model, provides us with a valuable tool for understanding the interplay between human psychology and decision-making processes. In […]
Introduction In the intricate landscape of decision-making, the human mind often resorts to mental shortcuts and biases that can lead to irrational choices. One such mental model that frequently influences our decision-making process is the concept of Decision Trees. Rooted in human psychology, Decision Trees represent a cognitive framework through which individuals evaluate choices, weigh […]
Introduction In our quest to make sound decisions, we often rely on mental models—frameworks that help us understand and navigate the complexities of the world. One such mental model is nonlinearity, which refers to the non-proportional relationship between cause and effect. By exploring the concept of nonlinearity, its relevance in decision-making processes, and its deep-rooted […]