Consider the following problem presented by Tversky and Kahneman (1983): Linda is 31 years old, single, outspoken,
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Consider the following problem presented by Tversky and Kahneman (1983): Linda is 31 years old, single, outspoken, and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in anti-nuclear demonstrations. Which is more probable?
1. Linda is a bank teller.
2. Linda is a bank teller and is active in the feminist movement.
Most people choose the second answer, but this is a so-called conjunction fallacy. Provide a formal argument why alternative two cannot be more likely than alternative one.
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Tversky and Kahneman 1983 presented a problem in which participants were asked to consider whether it was more likely that Linda is a bank teller or that Linda is a bank teller who is active in the fe...View the full answer
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Pope Tonyalea
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