• Home
• Thinking
  • Simplicity
  • Useful Information
  • Deduction/Induction
  • Probabilistic Thinking
  • Feedback Loops
  • Bayes Theorem
  • Abundancy/Scarcity
  • Arbitrage
  • Complex Systems
  • Reflexivity
  • Pr O A C T
  • Negotiation
  • L S J
  • Get to Why
  • The Argument
  • Ideas
  • Framing the Issue
  • Back-up/Redundancy
  • Correlation v Causation
  • Evolution
  • Thermodynamics
  • Newton's Laws
  • Momentum
  • Metaphors
  • Power Law
  • Game Theory
  • Invert
  • Reductionism
  • Statistics
  • Circle of Competence
  • Six Degrees
  • Scientific Method
  • Systems Thinking
  • System Boundary
  • 80/20 Rule
  • Big Picture Math
  • Achievement
  • Reader/Listener
• Economic
  • Goods
  • Human Action
  • Creative Destruction
  • Value
  • Incentives
  • Opportunity Costs
  • Trade-offs
  • Marginal Analysis
  • Markets
  • Equilibrium
  • Comparative Advantage
  • Total Utility
  • Moral Hazard
  • Price discrimination
  • Agency Problem
  • Asymmetric Information
  • Property Rights
  • Diminishing Returns
  • Unintended Consequences
  • Switching Costs
  • Transaction Costs
  • Externalities
  • Sunk Costs
  • Diminishing Utility
  • Public & Private Goods
• Behavior
  • 7 Sins
  • Reciprocation
  • Commitment & Consistency
  • Social Proof
  • Liking
  • Authority
  • Scarcity
  • Pleasure/Pain
  • Fool Yourself Tendency
  • Contrast Principle
  • Over-optimism
  • Anchor Effect
  • Information Bias
  • Extrapolation
  • Ideological Bias
  • Overweighting Numbers
  • False Mental Accounting
  • Operant Conditioning
  • Pavlovian Conditioning
  • Confirmation Bias
  • Habit
  • Deprival Syndrome
  • Doubt Avoidance
  • Incentive-Cause Bias
  • Groupthink
  • Animal Spirits
• Business
  • Business Model
  • Max/Min Variables
  • Business Metrics
  • Pricing Ability
  • Catching a Wave
  • Network Effect
  • Availability
  • Bottlenecks
  • Specialization
  • Scale
  • Technology
  • Proprietary Learning Curve
  • Absolute Cost Advantage
  • The Brand
  • Disruptive Technology
  • One-time Mess
  • Entrepreneurship
  • GRICS
  • Culture
  • Standardization
  • Porter’s 5-forces
  • Management Fanaticism
• Financial
  • Mr. Market
  • Margin of Safety
  • Intrinsic Value
  • Magic Formula
  • Reversion-to-mean
  • Bob-around Earnings
  • Bubbles
  • The Moat
• Buy

Commitment & Consistency

The concept is explained by Robert Cialdini, in his book 'Influence Science and Practice':


The remaining text is provided in the full PDF that is available for $2.99

Mnemonic



Pretty committed