Introduction In the realm of decision-making, our minds often resort to cognitive shortcuts and biases that can lead us astray. One such mental model that frequently impacts our choices is the Replication mental model. Replication refers to our tendency to prefer familiar options or situations over new or unfamiliar ones. It is deeply rooted in […]
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Introduction The Winner’s Games and Loser’s Games mental model introduces a powerful lens through which to understand decision-making dynamics. Coined by renowned economist and game theorist Bruce Pandolfini, this concept highlights the distinction between competitive games where skill and strategy determine the outcome (Winner’s Games) and situations where luck and chance dominate (Loser’s Games). Anchored […]