Conjunction fallacy

Thu, 23 Apr 2020 00:00:00 +0000

Conjunction fallacy occurs when it is assumed that specific conditions are more probable than a single general one.

Source: Rationality Course

Via: Harvard

Probability can be subjective

Wed, 22 Apr 2020 00:00:00 +0000

If I flip a coin and look at the result in secret, being heads, then the chances that it’s heads it’s 100% for me, but 50% for everybody else.

Source: Rationality Course

Via: Harvard