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Learnings Mental Models

The Precedents Mental Model: Breaking Free from the Chains of Past Decisions

Introduction In our quest for efficient decision-making, we often rely on mental shortcuts known as heuristics. One such heuristic, the Precedents mental model, plays a significant role in shaping our choices. Precedents refer to the tendency to heavily anchor our decisions on past events or experiences. This cognitive bias, deeply rooted in human psychology, influences […]

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Learnings Mental Models

The Common Law Mental Model: Navigating the Pitfalls of Precedent in Decision-Making

Introduction In our daily lives, we constantly rely on mental shortcuts, or heuristics, to make decisions quickly and efficiently. However, these shortcuts can sometimes lead us astray, causing us to make irrational choices. One such mental model that influences our decision-making is the Common Law model. Common Law refers to a cognitive bias that places […]

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Learnings Mental Models

Chauffeur Knowledge: Avoiding the Trap of Limited Expertise in Decision-Making

Introduction In the landscape of decision-making, the Chauffeur Knowledge mental model holds significant relevance. Chauffeur Knowledge refers to the phenomenon where individuals possess shallow or surface-level understanding of a subject, relying on experts or authorities to navigate complex decisions. Anchored in human psychology, this model is prevalent in our day-to-day lives, often leading to irrational […]

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Learnings Mental Models

The Abduction Mental Model: Navigating Inference and Avoiding Irrational Decisions

Introduction In the realm of decision-making, the Abduction mental model plays a significant role. Abduction refers to the process of making inferences or forming hypotheses based on limited evidence or incomplete information. It is a mode of reasoning that fills gaps in knowledge by seeking the most plausible explanation. Anchored in human psychology, the Abduction […]

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Learnings Mental Models

The Scientific Method: Unraveling the Pitfalls of Rationality in Decision-Making

Introduction In our quest for understanding and navigating the complexities of the world, the scientific method has emerged as a reliable compass. Grounded in systematic observation, empirical evidence, and rigorous testing, it has shaped our understanding of the natural world and fueled technological advancements. However, the scientific method extends beyond the confines of laboratories and […]

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Learnings Mental Models

The Moderation Mental Model: Navigating the Pitfalls of Balance and Avoiding the Trap of Mediocrity

Introduction In our complex and ever-changing world, making decisions is an integral part of our lives. Whether it’s choosing between career paths, deciding on public policies, or even making personal choices, we are constantly faced with the challenge of finding the right balance. One mental model that often influences our decision-making is the concept of […]