Mental Models Thread

[ogc163]

Mental models (or systems, models, or schemas) are important in helping us navigate life and all the games we come across, and having a wide variety of models across different disciplines helps us make connections and make good decisions and assessments. But often here in HL and definitely in TLR there is a tendency for intuition, anecdote, and emotion to serve as the foundation for judgment and perspective. And this often leads to muddled conversations and shallow analysis. Thus, I wanted to make a thread on the most prominent mental models across several disciplines to not only shore up the conversations here in HL but also help us in our daily lives.

Logic:

Inductive and Deductive Reasoning:



Abductive Reasoning:



Logical Fallacies:





Behavioral Psychology, Cognitive Biases, and Heuristics:

Anchoring:


Narrative Fallacy and Hindsight Bias:


Inside View vs. Outside View:


Dunning Krueger Effect:


Availability Bias:


Resulting:


Survivorship Bias:


Heuristics:


Hyperbolic Discounting:


Hedonic Adaptation:

 

[ogc163]

Statistics and Probability:

Bayes Theorem:


Base Rate Neglect:


Mean Median Mode:


Outliers:


Black Swans:


Confidence Intervals:

 

[ogc163]

Nonlinear and Complex Adaptive Systems/ Power Laws

Compound Interest:


Exponential Growth:




Nonlinear Causality:


Feedback Loops:


Law of Diminishing Returns:


Network Effects:


Pareto Principle or 80/20 Rule:


Tipping Points/Inflection Points:


Homophily:

 

[ogc163]

Study and Learning Skills:

Chunking:


Feynman Technique for Comprehension:



Spaced Repetition/ Leitner System for Memory/Retention:


Active Recall:




Inversion:


Illusions of Competence:

 

[ogc163]

Economics:

Opportunity Costs and Trade-Offs:



Zero Zum Games:


Optionality:


Dispersed Knowledge:



Asymmetric Information:


Identity Economics:


Externalities:


Matching Theory:


Comparative Advantage:


Narrative in Economics:



Risk Assessment:

 

[greenvale]

Great thread

 

[ogc163]

Network Theory and Sociology:

Six Degrees of Separation or Small Worlds Phenomenom:



Dunbar's Number:


Cultural and Social Capital:






Status Anxiety:



Performed Self:


Interaction Ritual:


Hirschman's Exit, Voice, and Loyalty:



Weak and Strong Ties:



Veblen Goods, Inconspicuous and Conspicuous Consumption:





Influence of Social Networks:



Superhubs:


Metcalfe's Law:


Class Straddler's:

 

[mastermind]

This is a dope thread. Thank you @ogc163 for finding these vids.

 

[ogc163]

Personal Finance:

Sunken Costs:


Circle of Competence:


Margin of Safety:


Barbell Strategy:


Efficient Market Hypothesis:




Asymmetric Bets:


Index Funds:


Mutual Funds:


Municipal Bonds:


Treasuries:


401(k):




Credit Cards:


529 College Savings Plan:



Financial Advisor and Fiduciary and Suitability Standard:




Emergency Fund:



Costs of Children:


Costs of Wedding:

 

[ogc163]

Aesthetics and Design


Typography:



Bauhaus:




UX/UI Design:





Gamification:





Etc:

 

[ogc163]