Name: Price's Law & The Pareto Distribution, 80-20 Rule (Mental Models for MAXIMUM EFFECTIVENESS)
Uploaded: 2023-07-13T12:47:33+00:00
Duration: 7 min 45 s
Description: Price's Law and the Pareto Principle are both mental models that have to do with an over-sized effect relative to the source of the effect. Learn about them in this video as we explore leveraging our

2 years ago

mental model mental models Price's Law Pareto Distribution 80/20 80-20 Principle

Price's Law and the Pareto Principle are both mental models that have to do with an over-sized effect relative to the source of the effect. Learn about them in this video as we explore leveraging our effectiveness by learning these principles.

Video mentioned on Eisenhower Decision Matrix: https://www.youtube.com/watch?v=9p6FEoEpLeU

#mentalmodel #priceslaw #8020 #pareto #pareto8020 #timemanagement #selfdevelopment

References, Resources, and Recommendations:

80/20 Book: https://amzn.to/34jBum8

Jordan P. Video: https://youtu.be/BZMBdRfbk6A

Seeking Wisdom: https://amzn.to/2CK8AjQ

Pareto Principle Book: https://amzn.to/31haXnU

https://www.businessballs.com/self-management/paretos-80-20-rule-theory/

https://medium.com/@davidkimbell/the-problems-with-prices-law-c9278202e242

https://fangya18.com/2019/04/08/price-law-vs-pareto-principe/

https://royalsocietypublishing.org/doi/10.1098/rspa.2020.0019

https://en.wikipedia.org/wiki/Pareto_distribution