Learnings Mental Models

Navigating Knightian Uncertainty: Overcoming the Mental Trap in Decision Making

Introduction In the complex world we inhabit, decision making is an inherent part of our daily lives. However, uncertainty often lurks in the shadows, shaping the choices we make and the outcomes we experience. One such form of uncertainty is known as Knightian Uncertainty, named after economist Frank Knight, who first introduced the concept in […]