Which of the following would be an example of the "conjunction fallacy"?
A) Stating that the set of 7 letter words ending in "ING" is larger than the set of 7 letter words with "N" as the 6th letter.
B) Slowing down well below the speed limit when driving at the sight of police car.
C) Contributions to retirement saving account increase when a company moves from an opt-in to an opt-out savings plan.
D) Asking for a higher selling price for a good one already possesses compared to the price one is willing to pay for buying the same exact good.

Question

Quizplus · Accepted Answer

The conjunction fallacy occurs when it is assumed that specific conditions are more probable than a single general one. Choice A is an example of this fallacy, as it incorrectly assumes that a more specific condition (7 letter words ending in "ING") is more common than a broader condition (7 letter words with "N" as the 6th letter), despite the latter encompassing the former and more.

Which of the Following Would Be an Example of the "Conjunction