Introduction In the complex landscape of decision-making, various mental models shape our thought processes and influence our choices. One such pervasive model is tribalism—a deeply rooted phenomenon in human psychology. Tribalism refers to the tendency of individuals to form strong attachments to social groups, often leading to biased thinking and irrational decision-making. This blog post […]
Introduction In the realm of decision-making, understanding the mental models that influence our choices is vital. One such powerful model is the J-Curve. This concept describes a phenomenon where outcomes initially deteriorate before showing significant improvement. Anchored in human psychology, the J-Curve plays a crucial role in our day-to-day lives, impacting personal decisions, business strategies, […]
Introduction In our daily lives, we are constantly faced with decisions that shape our personal and professional trajectories. However, the human mind is not an infallible beacon of rationality. Instead, it operates within the boundaries of what is known as bounded rationality. Coined by Nobel laureate Herbert A. Simon, bounded rationality is a concept that […]
Introduction In decision-making, the Cockroach Theory offers a valuable mental model that highlights the consequences of avoiding uncomfortable situations or problems. This theory suggests that by avoiding or ignoring small issues, we allow them to multiply and become more significant over time. Anchored in human psychology, the Cockroach Theory is prevalent in our day-to-day lives, […]
Introduction The Creative Destruction mental model is a fascinating concept that plays a significant role in our decision-making processes. It is deeply rooted in human psychology and is prevalent in our day-to-day lives. This mental model is a tool that helps us understand the cycle of innovation and obsolescence, where new ideas, technologies, and processes […]