Hello, my name is Alan. I got a AHA moment when I discover mental models.

As you may know, the best way to learn something is to teach it. I create this blog to share with you my journey learning mental models.

What are mental models

I like the Wikipedia definition of mental model:

“A mental model is an explanation of someone’s thought process about how something works in the real world.” - Wikipedia

There hundred of mental models. Some are universal, other are industry specific.

You probably know already few mental models. For example, the supply/demand models, the Pareto Law (80/20 rule), or FUD/FOMO model.

I chose to focus on the most important mental models (80/20 rule).

List of mental models

  1. Distribution models
  2. First Principles 
  3. Anchoring bias
  4. Bandwagon Effect
  5. Belief Biais
  6. Blind spot biais
  7. Clustering biais
  8. Confirmation biais
  9. Courtesy biais
  10. Endowment effect
  11. Stereotype Biais
  12. Risk compensation
  13. Reactive devaluation
  14. Post-purchase rationalisation
  15. Ostrich effect
  16. Illusion of validity
  17. Hyperbolic discounting
  18. Gambler’s fallacy
  19. Disconfirming Evidence
  20. Selection bias
  21. Sampling Bias
  22. Response Bias
  23. Survivorship Bias
  24. Availability Bias
  25. Confirmation Bias
  26. Barriers to Entry
  27. Conspicuous Consumption
  28. Economies of Scale
  29. Price Elasticity
  30. FUD AND FOMO
  31. Influence Models
  32. Paradox of Choice
  33. Root Cause 
  34. Consequence vs Conviction
  35. Risk/Reward
  36. Bayes’ Theorem
  37. Regression to the Mean
  38. Order of Magnitude
  39. Local vs Global Optimum
  40. Decision Trees
  41. Feedback Loop
  42. Trade-offs
  43. Incentives
  44. Zero-sum & Non-zero-sum
  45. Game theory
  46. Unintended Consequences
  47. Preserving Optionality 
  48. Debt 
  49. Divide and Conquer 
  50. Black box 
  51. Supply and Demand
  52. Winner Take All Market 
  53. Learning models
  54. Butterfly Effect
  55. Murphy’s Law
  56. Hofstadter’s Law
  57. Parkinson’s Law
  58. Focus
  59. Reversible vs Irreversible Decisions
  60. Directly Responsible Individual 
  61. Pygmalion Effect
  62. Causal fallacy
  63. Straw Man Fallacy
  64. Likely & Plausible
  65. Slippery Slope
  66. Black or White
  67. Sunk Cost 
  68. Loss Aversion
  69. Hanlon’s Razor 
  70. Occam’s Razor
  71. Thought Experiment
  72. Systems Thinking 
  73. Scenario Analysis 
  74. Lateral Thinking 
  75. Convergent & Divergent Thinking
  76. Paradigm shift 
  77. Scientific Method
  78. Empathy Models
  79. Emotional Models
  80. Personality Models
  81. Second Order thinking
  82. False Positives and False Negatives 
  83. Confidence Interval 
  84. Inflection Point

If you have questions/suggestions. Please contact me at support @ mental-models.com