2023.06.04
A mental model is a catch-all term for any concept, framework, or worldview you carry around with you.
They guide our perceptions and behaviors, so it is useful to pause to see which ones are in play for us.
“Better safe than sorry” is a very common mental model. People operating with this one will often take actions to minimize risk or make detailed plans about the future.
As an economist, a mental model that deeply colors all of my views is that “incentives matter”.
Whether or not you inherently trust people you’ve never met is probably a mental model in play.
For example, “be outcome blind” might be a common refrain to remind people to focus on the process.
For example, an organization may have a bias toward hopping on every opportunity that comes along, regardless of strategic or tactical advantage, because implicitly it is operating for “regret minimization”.