The ` Conjunction Fallacy ' Revisited : How Intelligent Inferences Look Like Reasoning Errors

Findings in recent research on the `conjunction fallacy' have been taken as evidence that our minds are not designed to work by the rules of probability. This conclusion springs from the idea that norms should be content-blind Ð in the present case, the assumption that sound reasoning requires following the conjunction rule of probability theory. But… CONTINUE READING