The term "non-monotonic logic" covers a family of formal frameworks devised to capture and represent defeasible inference , i.e., that kind of inference of everyday life in which reasoners draw conclusions tentatively, reserving the right to retract them in the light of further information. Such inferences are called "non-monotonic" because the set of conclusions warranted on the basis of a given knowledge base does not increase (in fact, it can shrink) with the size of the knowledge base itself. This is (...) in contrast to classical (first-order) logic, whose inferences, being deductively valid, can never be "undone" by new information. (shrink)

In recent years, the psychology of reasoning has been undergoing a paradigm shift, with general Bayesian, probabilistic approaches replacing the older, much more restricted binary logic paradigm. At the same time, dual processing theories have been gaining influence. We argue that these developments should be integrated and moreover that such integration is already underway. The new reasoning paradigm should be grounded in dual processing for its algorithmic level of analysis just as it uses Bayesian theory for its computational level of (...) analysis. Moreover, we propose that, within the new paradigm, these levels of analysis reflect on each other. Bayesianism suggests a specific theoretical understanding of dual processing. Just as importantly, the duality in processing carries over to duality in function; although both types of processes compute degrees of belief, they generate different functions. (shrink)