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Learnings Mental Models

Ergodicity: Unveiling the Mental Model Shaping our Decision-Making

Introduction In the realm of decision-making, our thought processes are often influenced by various mental models. One such intriguing concept is Ergodicity, a mental model deeply rooted in human psychology. Ergodicity refers to the assumption that time-averaged behavior in a system is representative of individual behavior within that system. This model holds significant relevance in […]

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Learnings Mental Models

The Randomness Mental Model: Avoiding the Pitfalls of Irrational Decision-Making

Introduction In our pursuit of making rational decisions, we often overlook the role that randomness plays in shaping our choices. Randomness refers to the unpredictable nature of events or outcomes that lack any discernible pattern or order. While we strive to find meaning and structure in the world around us, randomness challenges our perceptions and […]