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, perception plays a pivotal role in shaping our judgments and choices. One mental model that sheds light on this phenomenon is Amara’s Law. Coined by futurist Roy Amara, this principle suggests that we tend to overestimate the short-term impact of technological advancements while underestimating their long-term implications. Understanding Amara’s […]
Introduction In the realm of decision-making, the mental model of “It is not reducible” refers to the tendency to overlook complex, interconnected factors and view a situation as a single, unchangeable entity. This fallacy assumes that a problem or situation cannot be broken down into smaller components or influenced by various factors. Understanding the relevance […]