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Tag: Misbehaving

Psychological Mental Models – How to Make Better Decisions

Psychological Mental Models – How to Make Better Decisions

Introduction to mental models I am standing on the shoulders of giants when writing this post, which is a similar pattern with many of my posts. Some of the most inspirational individuals I’ve listened to, read or heard about have given incredible insights which have been the basis of my thinking on this topic. The most important are: Daniel Kahnman & Amos Tversky, Charlie Munger, Shane Parish (CEO at Farnam Street), James Clear (author of ‘Atomic Habits’) & Gabriel Weinberg…

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Book Review: Richard Thaler – Misbehaving

Book Review: Richard Thaler – Misbehaving

My Overview Richard Thaler is one of the greatest behavioural economists ever, he was pivotal in bringing the founding ideas of Daniel Kahnman and Amos Tversky into mainstream Economics. He was also one of the key experts brought in to help formulate the British Behavioural Insights Team (BIT) aka the Nudge Unit in the UK, similar units cannot be found across most Western governments. I have been fascinated by behavioural economics since I first started studying economics aged 16. I…

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