Fallacies in probability judgments for conjunctions and disjunctions of everyday events

The conjunction fallacy occurs when people judge a conjunction B‐and‐A as more probable than a constituent B, contrary to probability theory's ‘conjunction rule’ that a conjunction cannot be more probable than either constituent. Many studies have demonstrated this fallacy in people's reasoning about various experimental materials. Gigerenzer objects that from a ‘frequentist’ standpoint probability theory is not valid for these materials, and so failure to follow the conjunction rule is not a fallacy. This paper describes three experiments showing that the conjunction fallacy occurs as consistently for conjunctions where frequentist probability theory is valid (conjunctions of everyday weather events) as for other conjunctions. These experiments also demonstrate a reliable correlation between the occurrence of the conjunction fallacy and the disjunction fallacy (which arises when a disjunction B‐or‐A is judged less probable than a constituent B). This supports a probability theory + random variation account of probabilistic reasoning. Copyright © 2008 John Wiley & Sons, Ltd.