Introduction In the realm of decision-making, there exists a fascinating mental model known as the Rebound Effect. This concept refers to the counterintuitive phenomenon where individuals or groups, after exerting considerable effort to achieve a particular goal, experience a subsequent and unexpected reversal in their progress. Rooted in human psychology, the Rebound Effect has far-reaching […]
Introduction In the realm of decision-making, the mental model of Delayed Gratification plays a crucial role. It refers to the ability to resist immediate rewards in favor of larger, long-term benefits. Anchored in human psychology, this mental model unveils the significance of patience and self-control in our decision-making processes. Delayed Gratification is prevalent in our […]
Introduction In the complex landscape of decision-making, understanding the mental models that shape our choices is crucial. One such model is Hyperbolic Discounts, which refers to our tendency to prefer immediate rewards over larger but delayed rewards. Anchored in human psychology, this mental model sheds light on our susceptibility to impulsivity and how it impacts […]