Introduction In the realm of decision-making, the Meat Paradox stands as a complex mental model that revolves around the ethical dilemma of consuming animals. This paradox arises when individuals hold both positive attitudes towards animals and a preference for their consumption. Understanding the concept of the Meat Paradox is crucial for recognizing the moral conflict […]
Introduction In the realm of decision-making, we often fail to consider the full impact of our choices on others and the environment. This is where the mental model of externality comes into play. Externality refers to the unintended consequences of an action that affect individuals or entities who are not directly involved in the decision-making […]
Introduction In the realm of decision-making, there exists a mental model known as the Tragedy of the Commons. Coined by ecologist Garrett Hardin in 1968, this concept refers to a situation where individuals, driven by self-interest, deplete or exploit a shared resource to the detriment of the collective. It highlights how rational individuals, when acting […]
Introduction In the realm of decision-making, our understanding of economic principles can significantly shape our choices. One such principle is Say’s Law, which provides insights into the relationship between supply and demand. Understanding this mental model is crucial for avoiding fallacies and making informed decisions in personal life, business, and public policy. In this blog […]