

A list Multidisciplinary Mental Models
0.21MB. 0 audio & 8 images. Updated 2020-01-16.
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Front | Gresham’s Law |
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Back | Bad money drives out the good money.Ethical behaviour in an organization is driven out by unethical behavoiour. Good people are driven out from the system by bad people. |
Tags | Sociology |
Front | Tragedy of Commons |
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Back | The phenomenon that results from actions that benefit the individual (meaning single persons, households, villages, companies or nations) in the short term but often end up hurting the collective. |
Tags | Sociology |
Front | Second Order Thinking |
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Back | First-level thinking is simplistic and superficial…Second-level thinking is deep, complex and convoluted. The second-level thinker takes a great many things into account.First-level thinking says, “I think the company’s earnings will fall; sell.” Second-level thinking says, “I think the company’s earnings will fall less than people expect, and the pleasant surprise will lift the stock; buy.” |
Tags | Thinking |
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Great job , thank you very much