What is the Anchoring Bias Mental Model?
Ever walked into a store and saw a “$499” price tag cut to $299? This immediate impression, studied extensively by […]
Ever walked into a store and saw a “$499” price tag cut to $299? This immediate impression, studied extensively by […]
Ever wonder why some teams thrive while others struggle? The answer often lies in a cooperation mental model—a way of
The recency mental model shows how recent events or information greatly influence our choices. It’s based on cognitive psychology and
The game theory mental model helps you guess how others will act when your choices depend on theirs. It’s a
The inertia mental model explains why you feel stuck in routines that no longer serve you. It comes from Newtonian
The Double Entry System changed how we track money. It makes sure every deal has two sides. This keeps things
Who Invented the Double Entry System? A Historical and Practical Guide Read More »
Have you ever thought a product was top-notch just because it was from a well-known brand? That’s the halo effect
The Halo Effect Mental Model: How One Trait Colors Our Perception Read More »
The Nirvana Fallacy Mental Model is a common trap. It happens when people turn down good solutions because they’re not
In a world full of complex systems, Thinking Backwards shines through. It’s a method that starts with the end goal
Thinking Backwards: The Counterintuitive Strategy for Problem Solving Success Read More »
Why do people splurge on small luxuries like lipstick or coffee when money is tight? The lipstick mental model sheds