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Articles tagged: Mental Models

All articles tagged with "Mental Models"

32Total Articles

How to Choose the Right Mental Model

Choose mental models by matching problem type: first principles for novelty, probabilistic thinking for uncertainty, systems thinking for complexity.

Feedback Loops Explained

Feedback loops: Output affects input. Reinforcing loops amplify change like compound interest. Balancing loops stabilize like thermostats.

Linear Thinking vs Systems Thinking

Linear: A causes B causes C. Systems: A affects B, B affects C, C loops back to A. Feedback loops, interconnections, and delays create complexity.

What Is a System?

A system has components, relationships between them, a function or purpose, and boundaries defining what's inside versus outside.

Making Mental Models Actionable

Make mental models actionable: Test predictions against reality, use them to guide decisions, identify blind spots, and refine through feedback loops.

The Sunk Cost Fallacy

In 1965, Britain privately knew Concorde would never turn a profit. The development costs were already sunk. The project continued for another decade. The sunk cost fallacy: why we continue failing projects, relationships, and wars because of what we have already spent — and why stopping feels like waste even when continuing creates far more of it.

Hanlon's Razor: Never Attribute to Malice What Stupidity

On September 26, 1983, Soviet Lt. Col. Stanislav Petrov watched five US missiles appear on his early warning screen. He chose not to retaliate — reasoning that a real attack would involve hundreds, not five. The system had a bug. Hanlon's Razor: why reaching for incompetence before malice is one of the most consequential intellectual disciplines a person can develop.

Opportunity Cost: The Price of Every Choice

Opportunity cost is the value of the best alternative you give up. Decca Records turned down the Beatles to save on travel. Kodak invented the digital camera and didn't sell it. Why humans systematically ignore the most important cost in every decision.