In his paper titled “Did Hayek Commit the Naturalist Fallacy?” published in the September 2004 issue of the Journal of the History of Economic Thought, Erik Angner develops three theses. The first is that Friedrich Hayek’s own writings and those of competent commentators give plentiful evidence that Hayek appears to have inferred values from facts. (The appears is stressed because Angner himsel...

The epidemiological concept of confounding has had a convoluted history. It was first expressed as an issue of group non-comparability, later as an uncontrolled fallacy, then as a controllable fallacy named confounding, and, more recently, as an issue of group non-comparability in the distribution of potential outcome types. This latest development synthesised the apparent disconnect between ph...

The naturalistic fallacy is mentioned frequently by evolutionary psychologists as an erroneous way of thinking about the ethical implications of evolved behaviors. However, evolutionary psychologists are themselves confused about the naturalistic fallacy and use it inappropriately to forestall legitimate ethical discussion. We briefly review what the naturalistic fallacy is and why it is misuse...

The representativeness heuristic has been invoked to explain two opposing expectations--that random sequences will exhibit positive recency (the hot hand fallacy) and that they will exhibit negative recency (the gambler's fallacy). We propose alternative accounts for these two expectations: (1) The hot hand fallacy arises from the experience of characteristic positive recency in serial fluctuat...

Human agents happen to judge that a conjunction of two terms is more probable than one of the terms, in contradiction with the rules of classical probabilities—this is the conjunction fallacy. One of the most discussed accounts of this fallacy is currently the quantum-like explanation, which relies on models exploiting the mathematics of quantum mechanics. The aim of this paper is to investigat...

The conjunction fallacy refers to situations when a person judges a conjunction to be more likely than one of the individual conjuncts, which is a violation of a key property of classical probability theory. Recently, quantum probability (QP) theory has been proposed as a coherent account of these and many other findings on probability judgment "errors" that violate classical probability rules,...