A list Multidisciplinary Mental Models
Sample (from 100 notes)
|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.|
|Front||Tragedy of Commons|
|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.|
|Front||Second Order Thinking|
|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.”|
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