About Mental Models

Insights & Frameworks

What is The First-Mover and Last-Mover Advantage Mental Model?

Mental models are tools that make complex decisions easier. But what if timing is more important than the decision itself?...

What is The Incentive-Caused Bias Mental Model?

Imagine a world where your choices are influenced by forces you don’t see. This is the power of incentive-caused bias...

Understanding the Aumann Agreement Theorem

Imagine two people who are truly rational and share all their information openly. They can never agree to disagree, according...

What is The Anscombe Quartet Mental Model?

Ever thought how the same numbers can tell different stories? The Anscombe Quartet Mental Model uncovers this enigma. It presents...

What is The Ratchet Effect Mental Model?

Have you ever wondered why governments grow during crises but don’t shrink back? The ratchet effect mental model explains this...

What is The Mental Accounting Mental Model?

Imagine this: Would you spend a $20 birthday check the same way you’d spend $20 from your paycheck? If not...

What is The Liking Tendency Mental Model?

Have you ever trusted someone just because they smiled? Or bought something because your favorite person endorsed it? You’re not...

What is The Dunning-Kruger Effect Mental Model?

Ever wondered why some people think they’re better drivers than everyone else, even when they’re not? The dunning-kruger effect explains...

What is The Hyperbolic Discounting Mental Model?

Why do you often choose a $5 latte today over saving for retirement? This is the magic of hyperbolic discounting...

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