Mental Models

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Across
  1. 3. This type of thinking builds up from basic principles.
  2. 4. A framework for making decisions that minimize future regrets.
  3. 8. A bias towards action or information that confirms one's preconceptions.
  4. 9. This rule states that 80% of effects come from 20% of causes.
  5. 12. It's all about what you're giving up when making a choice.
  6. 13. The return gained on an investment relative to its cost.
Down
  1. 1. This principle suggests the simplest explanation is usually correct.
  2. 2. This type of thinking involves considering all possible outcomes and their likelihoods.
  3. 5. These are often financial or moral and significantly influence behavior and decision-making.
  4. 6. Don't attribute to malice what can be explained by this less sinister trait.
  5. 7. This bias makes the past look more attractive than the present.
  6. 10. Solve a problem by turning it upside down and looking at what you want to avoid.
  7. 11. A cost that's already been incurred and can't be recovered.