Contents
Contents
Mental model
Availability Heuristic
We judge the likelihood of events based on how easily examples come to mind, not
I send a newsletter every week — free, no spam, unsubscribe anytime.
— Frank Knight"The only risk that leads to profit is uncertainty — the risk that cannot be calculated."
Uncertainty Avoidance applied the Explore-exploit Tradeoff mental model
Uncertainty Avoidance applied the Inertia mental model
Uncertainty Avoidance applied the Cost mental model
Uncertainty Avoidance applied the Uncertainty mental model
Uncertainty Avoidance applied the Status Quo Bias mental model
Uncertainty Avoidance applied the Brand mental model