Introduction In the realm of decision-making, our minds are often subject to cognitive biases and fallacies that lead us astray from rationality. One such phenomenon is the Blitzkrieg mental model, which refers to the tendency of individuals or groups to make impulsive, irrational decisions without considering the long-term consequences. Derived from the military strategy known […]
Introduction Systemics, a fundamental mental model, provides a holistic perspective that emphasizes the interconnectedness and interdependence of various elements within a system. This concept is highly relevant in decision-making processes as it acknowledges that actions and choices can have ripple effects throughout a system. Anchored in human psychology, Systemics helps us understand how our decisions […]
Introduction In the intricate realm of decision-making, the Bullwhip effect stands as a compelling mental model that sheds light on our tendency to make irrational choices, often contrary to our best interests. Stemming from a phenomenon observed in supply chain management, the Bullwhip effect describes how small fluctuations in consumer demand can amplify as they […]
Introduction In the realm of decision-making, the Emergencies mental model serves as a crucial point of consideration. Emergencies refer to situations that demand immediate action, often triggering a heightened sense of urgency and anxiety. This mental model explores how the perception of urgency can lead individuals to make hasty, irrational decisions that may not align […]
Introduction In the realm of decision-making, understanding the psychological biases that influence our choices is essential. One such bias is the Tyranny of Small Decisions, which refers to the cumulative impact of numerous minor decisions that, when viewed in isolation, may seem inconsequential but collectively lead to significant outcomes. Anchored in human psychology, this mental […]
Introduction In the intricate landscape of decision-making, our choices are often influenced by hidden biases. One such cognitive bias is the Bias Caused by Incentive, where our decisions are swayed by the perceived benefits or rewards associated with a particular choice. In this blog post, we will explore the Bias Caused by Incentive, its relevance […]