Learnings Mental Models

Braess’s Paradox: Unraveling the Counterintuitive Nature of Decision Making

Introduction Braess’s Paradox is a mental model that challenges our intuition about decision making by demonstrating that adding more resources or options can lead to worse outcomes. This counterintuitive phenomenon has implications in various domains, from personal life decisions to business strategies and public policy-making. Understanding the psychological underpinnings and prevalence of Braess’s Paradox can […]