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Learnings Mental Models

The Common Law Mental Model: Navigating the Pitfalls of Precedent in Decision-Making

Introduction In our daily lives, we constantly rely on mental shortcuts, or heuristics, to make decisions quickly and efficiently. However, these shortcuts can sometimes lead us astray, causing us to make irrational choices. One such mental model that influences our decision-making is the Common Law model. Common Law refers to a cognitive bias that places […]

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Learnings Mental Models

Viscosity: The Mental Model That Traps Our Decision-Making

Introduction In the realm of decision-making, the viscosity mental model plays a significant role in shaping our choices and actions. Viscosity refers to the resistance or friction we experience when trying to change our current state, habits, or beliefs. It is deeply rooted in human psychology, affecting our day-to-day lives and influencing decisions that may […]

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Learnings Mental Models

The Replication Mental Model: Avoiding the Illusion of Familiarity in Decision-Making

Introduction In the realm of decision-making, our minds often resort to cognitive shortcuts and biases that can lead us astray. One such mental model that frequently impacts our choices is the Replication mental model. Replication refers to our tendency to prefer familiar options or situations over new or unfamiliar ones. It is deeply rooted in […]

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Learnings Mental Models

Alder’s Law: Unraveling the Fallacies of Decision-Making

Introduction In the realm of decision-making, Alder’s Law presents a crucial mental model. Anchored in human psychology, this model refers to the tendency of individuals or groups to make irrational decisions that are contrary to their best interests. Understanding the concept of Alder’s Law is essential for avoiding these pitfalls and making informed choices. In […]

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Learnings Mental Models

Paradigm Shift: Navigating Change and Avoiding Cognitive Traps

Introduction In the realm of decision-making, the Paradigm Shift mental model holds a significant place. It refers to a fundamental change in the way we perceive and interpret the world, leading to transformative shifts in our beliefs, attitudes, and actions. This mental model is anchored in human psychology and has pervasive implications in our day-to-day […]

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Learnings Mental Models

Historical Wisdom: Understanding the Mental Trap and Avoiding Irrational Decisions

Introduction In the vast landscape of decision-making, our minds are often influenced by various cognitive biases and mental traps. One such pervasive cognitive bias is the Historical Wisdom mental model. Historical Wisdom refers to the tendency to rely excessively on past experiences, conventional knowledge, and societal norms when making decisions, rather than thoroughly evaluating the […]