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15.Linda: Less Is More - Coggle Diagram
15.Linda: Less Is More
Definition π§
- A bias where combined events (A β© B) are judged as more probable than single events (A).
- Occurs due to reliance on narrative coherence over logical probability.
Mechanisms βοΈ
Narrative Coherence:
- Stories that align with stereotypes or expectations feel more plausible.
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Why It Happens π
- Relies on quick, intuitive judgment influenced by descriptive details.
- Plausible details (e.g., "feminist") overshadow logical probabilities.
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Implications π
Decision-Making Errors:
- Leads to skewed judgments in everyday reasoning, hiring, and policy-making.
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Key Takeaways π
- Conjunction fallacy arises when plausibility overrides probability.
- Combined events (A β© B) are always less probable than single events (A).
- Awareness and logical framing help counteract intuitive biases.
- Encouraging System 2 engagement improves decision-making accuracy.