Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy.

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Title: Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy.
Authors: Thorbeck, Stein
Source: Military Review. May/Jun2025, Vol. 105 Issue 3, p62-70. 9p.
Subjects: World War I, Dow Jones industrial average, Russian armed forces, Control (Psychology), Napoleonic Wars, 1800-1815, PDF (Computer file format), Thirst
Abstract: The article "Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy" discusses the use of financial mental models to aid strategic leaders in thinking about war. It explores concepts such as tailoring expectations, building room for error, and diversification of potentialities to create conditions for success. The article suggests that financial acumen could be beneficial in strategic leader development and poses the question of whether high net-worth individuals would make better strategic leaders. The author emphasizes the importance of adjusting to chaos, enduring uncertainty, and thinking probabilistically in both investing and warfare. [Extracted from the article]
Copyright of Military Review is the property of US Army, Combined Arms Center and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Psychology and Behavioral Sciences Collection
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DbLabel: Psychology and Behavioral Sciences Collection
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  Data: Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy.
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  Data: <searchLink fieldCode="JN" term="%22Military+Review%22">Military Review</searchLink>. May/Jun2025, Vol. 105 Issue 3, p62-70. 9p.
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  Data: The article "Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy" discusses the use of financial mental models to aid strategic leaders in thinking about war. It explores concepts such as tailoring expectations, building room for error, and diversification of potentialities to create conditions for success. The article suggests that financial acumen could be beneficial in strategic leader development and poses the question of whether high net-worth individuals would make better strategic leaders. The author emphasizes the importance of adjusting to chaos, enduring uncertainty, and thinking probabilistically in both investing and warfare. [Extracted from the article]
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  Group: Ab
  Data: <i>Copyright of Military Review is the property of US Army, Combined Arms Center and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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      – Code: eng
        Text: English
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      – SubjectFull: World War I
        Type: general
      – SubjectFull: Dow Jones industrial average
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      – SubjectFull: Russian armed forces
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      – SubjectFull: Control (Psychology)
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      – SubjectFull: Napoleonic Wars, 1800-1815
        Type: general
      – SubjectFull: PDF (Computer file format)
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      – SubjectFull: Thirst
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      – TitleFull: Exploring Mental Models in Finance: How the Psychology of Money Assists Thinking About War and Strategy.
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              Text: May/Jun2025
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              Y: 2025
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