Introduction The Defence In Depth mental model is a concept that emphasizes the importance of employing layered strategies to enhance decision-making and mitigate risks. Anchored in human psychology, this model recognizes the value of multiple lines of defense and proactive measures in various aspects of life. Understanding and applying the Defence In Depth mental model […]
Introduction The Bayesian Update mental model revolutionizes decision-making by incorporating new evidence and adjusting beliefs and probabilities accordingly. Anchored in human psychology, this model allows individuals to update their understanding of the world based on incoming information. By embracing Bayesian Update, individuals can make more rational decisions, adapt to changing circumstances, and optimize their outcomes. […]
Introduction In the realm of decision-making, our cognitive biases can often lead us astray, hindering our ability to make rational choices. One such mental model that sheds light on this phenomenon is the Neglect of Base Rate. This model refers to our tendency to disregard the statistical base rate information when making judgments or predictions, […]
Introduction In the realm of decision-making, the mental model of Probability Distributions plays a crucial role. It involves understanding the likelihood of various outcomes and their associated probabilities. This model is deeply anchored in human psychology, as we strive to make sense of uncertain events and predict their potential outcomes. This blog post explores the […]
Introduction In our quest to make rational decisions, we often fall prey to a cognitive trap known as the Lucid Fallacy. This mental model revolves around the misconception that our thoughts and judgments are always clear, logical, and accurate. Anchored in human psychology, the Lucid Fallacy can lead us astray by giving us a false […]
Introduction In the realm of decision-making, the Zero to One Theory serves as a mental model that captures the allure of absolutes and extreme thinking. Coined by entrepreneur and investor Peter Thiel, this concept emphasizes the significance of creating something unique and groundbreaking rather than merely iterating on existing ideas. Anchored in human psychology, the […]