Eureka Newsletter Archive
Personal Potential Trap
The Personal Potential Trap is a psychological concept describing the situation where an individual is unable to grow or change because they are trapped by the expectation or belief of their own potential.
Game Theory
Game Theory is a mathematical framework that explores interactive situations where the outcomes for an individual depend not just on their own decisions, but also on the decisions made by others.
Post Hoc Ergo Propter Hoc
Post hoc ergo propter hoc is a Latin phrase that refers to the logical fallacy occurs when one event is assumed to have caused a subsequent event simply because it occurred before the subsequent event.
Heisenberg Uncertainty Principle
The Heisenberg Uncertainty Principle is a fundamental concept in quantum mechanics that asserts that it is impossible to precisely and simultaneously determine the exact position and momentum of a particle.
Planning Fallacy
The Planning Fallacy is a cognitive bias that causes people to underestimate the time they will need to complete a task, despite knowing that similar tasks have typically taken longer in the past.
Johari Window
The Johari Window helps people better understand their relationship with themselves and others through four key perspectives.
Pygmalion Effect
The Pygmalion Effect refers to the psychological phenomenon in which higher expectations lead to an increase in performance.
Ringelmann Effect
The Ringelmann Effect is a phenomenon in social psychology that observes that the individual productivity of a person decreases as the size of their group increases.
Winner's Curse
The Winner's Curse refers to the tendency of the winning bidder to overpay or incur a loss, because their winning bid is invariably based on an overestimation of the item's actual value.
Empty Fort Strategy
The Empty Fort Strategy is a tactic often used in psychological warfare, based on the principle of using deceit to create an illusion.
Red Queen Effect
The Red Queen Effect is a concept derived from Lewis Carroll's "Through the Looking-Glass," where the Red Queen tells Alice that she must run as fast as she can just to stay in the same place.
Circle of Competence
The Circle of Competence is a mental model that emphasizes the importance of understanding and focusing on the areas in which an individual has expertise, knowledge, or skills.
PERMA Model
The PERMA Model is a framework for understanding and promoting well-being using five essential elements that contribute to human happiness and flourishing.
Sunk Cost Fallacy
The Sunk Cost Fallacy is a cognitive bias where individuals or organizations continue to invest resources, such as time, money, or effort, into a decision or project based on the amount they have already invested, rather than evaluating the current and future value of the decision.
SMART Goals
The SMART criteria provide a framework for setting effective goals that are clear, actionable, and have a high likelihood of being achieved.
Opportunity Cost
Opportunity cost is an essential concept in economics and decision-making that refers to the value of the next best alternative that is forgone when a choice is made.
Parkinson's Law
Parkinson's Law states that the amount of work required to complete a task will expand to fill the time allotted for its completion.
Brandolini’s Law
Brandolini's Law, also known as the Bullshit Asymmetry Principle, is a concept that highlights the asymmetrical effort required to create false or misleading information (easy) versus the effort required to debunk it (difficult).