Why use mental models
People that don’t learn from history are condemned to repeat them. But those that do can say to themselves: “I have seen this movie before and I know how it is likely to end”.
Tag: Deprival Super Reaction
What happens when you snatch a bone from a dog’s mouth?
We humans are loss averse. Therefore when presented with a prospect of loss, we tend to super react to avoid the loss. A few examples from our daily life.
Interest upon Interest 