Introduction In the realm of decision-making, our minds are prone to various cognitive biases and fallacies that hinder rational thinking. One such phenomenon is the Detail of Defeat mental model, which refers to the tendency of individuals or groups to become overwhelmed by insignificant details, losing sight of the bigger picture and making irrational decisions […]
Introduction In the realm of decision-making, our minds are prone to various cognitive biases and fallacies that hinder rational thinking. One such phenomenon is the Detail of Defeat mental model, which refers to the tendency of individuals or groups to become overwhelmed by insignificant details, losing sight of the bigger picture and making irrational decisions […]
Introduction In the realm of decision-making, a peculiar mental model known as Parkinson’s Law holds significant relevance. Coined by Cyril Northcote Parkinson, a British historian, this principle asserts that “work expands to fill the time available for its completion.” In simpler terms, tasks tend to take longer to complete if there is no strict deadline […]
Introduction In the realm of decision-making, the human mind often grapples with limited time, resources, and attention. In such circumstances, understanding and applying the Pareto Principle can be a valuable mental model. The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of the effects come from 20% of the causes. This […]