Fallacy Quote by Daniel Kahneman
““Amos and I introduced the idea of a conjunction fallacy, which people commit when they judge a conjunction of two events (here, bank teller and feminist) to be more probable than one of the events (bank teller) in a direct comparison.””
About This Quote
Source Book: Thinking, Fast and Slow by Daniel Kahneman, 2011
People often overestimate the likelihood of combined events, leading to faulty judgments.
In simple terms: We misjudge probabilities of combined outcomes.
Beware of assuming joint events are more likely.
Themes
Mood
Type
When to use this quote
- finance
- medical diagnosis
- legal judgments
- everyday choices
Key Concepts
Questions to Reflect On
- How can you test your assumptions about joint events?
- What tools help correct this bias?
Bias persists despite awareness.