The conjunction fallacy: A test of averaging hypotheses

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The conjunction fallacy: a misunderstanding about conjunction?

It is easy to construct pairs of sentences X, Y that lead many people to ascribe higher probability to the conjunction X-and-Y than to the conjuncts X, Y. Whether an error is thereby committed depends on reasoners’ interpretation of the expressions “probability” and “and.” We report two experiments designed to clarify the normative status of typical responses to conjunction problems. © 2004 Cog...

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On the nature of the conjunction fallacy

In a seminal work, Tversky and Kahneman showed that in some contexts people tend to believe that a conjunction of events (e.g., Linda is a bank teller and is active in the feminist movement) is more likely to occur than one of the conjuncts (e.g., Linda is a bank teller). This belief violates the conjunction rule in probability theory. Tversky and Kahneman called this phenomenon the "conjunctio...

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On the reality of the conjunction fallacy.

Attributing higher "probability" to a sentence of form p-and-q, relative to p, is a reasoning fallacy only if (1) the word probability carries its modern, technical meaning and (2) the sentence p is interpreted as a conjunct of the conjunction p-and-q. Legitimate doubts arise about both conditions in classic demonstrations of the conjunction fallacy. We used betting paradigms and unambiguously ...

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Walter the banker: the conjunction fallacy reconsidered

In a famous experiment by Tversky and Kahneman (1983), featuring Linda the bank teller, the participants assign a higher probability to a conjunction of propositions than to one of the conjuncts, thereby seemingly committing a probabilistic fallacy. In this paper, we discuss a slightly different example featuring someone named Walter, who also happens to work at a bank, and argue that, in this ...

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Probability, Confirmation, and the Conjunction Fallacy

The conjunction fallacy has been a key topic in debates on the rationality of human reasoning and its limitations. Despite extensive inquiry, however, the attempt of providing a satisfactory account of the phenomenon has proven challenging. Here, we elaborate the suggestion (first discussed by Sides et al., 2001) that in standard conjunction problems the fallacious probability judgments experim...

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ژورنال

عنوان ژورنال: Psychonomic Bulletin & Review

سال: 1997

ISSN: 1069-9384,1531-5320

DOI: 10.3758/bf03210779