Introduction In the realm of decision-making, the Dunbar Number provides a compelling mental model. Coined by anthropologist Robin Dunbar, it suggests that humans have a cognitive limit to maintain stable social relationships, estimated to be around 150 individuals. This concept is rooted in human psychology and has significant implications for our daily lives, influencing personal […]
Introduction In the realm of decision-making, the mental model known as the “Prisoner’s Dilemma” holds significant relevance. The Prisoner’s Dilemma represents a scenario where individuals or groups face a choice between cooperation and betrayal, and the outcomes depend on the decisions made by all parties involved. This blog post aims to provide a comprehensive exploration […]
Introduction The Friendship Paradox is a mental model that challenges our perception of social networks by highlighting the statistical phenomenon where, on average, our friends tend to have more friends than we do. This paradox arises due to the unequal distribution of social connections within a network. Understanding the Friendship Paradox is crucial for decision-making […]
Introduction In the intricate realm of decision-making, our minds are often influenced by a cognitive bias known as the System Justification Theory. This mental model refers to our tendency to rationalize and defend existing social, economic, and political systems, even when they may not be in our best interests. Understanding this concept is vital as […]
Introduction In the realm of decision-making, the concept of the Tipping Point holds significant relevance. It refers to the critical moment when a situation, idea, or trend reaches a threshold and undergoes a dramatic and irreversible change. Anchored in human psychology, the Tipping Point influences our day-to-day lives, shaping personal choices, business strategies, and public […]
Introduction In the realm of decision-making, we often believe that our choices are based on rational considerations. However, the human mind is prone to biases, and one such powerful bias is known as in-group favoritism. Rooted in human psychology, in-group favoritism refers to the tendency to favor individuals or groups that we perceive as part […]