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 realm of decision-making, the Peter Principle is a concept that sheds light on a common phenomenon: individuals being promoted to positions of incompetence. Coined by Dr. Laurence J. Peter, this mental model explores how people tend to rise to their level of incompetence within hierarchical organizations. Understanding the Peter Principle is crucial […]
Introduction In the realm of decision-making, the human mind is prone to various biases and heuristics that can cloud our judgment. One such cognitive bias, the Dunning-Kruger Effect, sheds light on the intriguing phenomenon of individuals who possess limited knowledge or skills overestimating their abilities. This mental model, coined by psychologists David Dunning and Justin […]