This is a collection of Ideas I commonly use in decision making. This list is never final and will be updated from time to…
In systems such as economies or stock markets, behavior often changes as a result of the behavior of others and of…
The psychological tendency to associate one thing with another.
The tendency to rationalize preconceived ideas and not look for disconfirming evidence.
Also known as Price’s Law, it states that half the output of a system is generated by a square root of the number of output generators. For…
Latin roots of the two words mean: ‘leading from’ and ‘leading in’. Deduction forms the basis of classical logic, while induction is the foundation of scientific method.
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