The whole truth about Linda: probability, verisimilitude and a paradox of conjunction

In Marcello D'Agostino, Federico Laudisa, Giulio Giorello, Telmo Pievani & Corrado Sinigaglia (eds.), New Essays in Logic and Philosophy of Science. College Publications. pp. 603--615 (2010)
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We provide a 'verisimilitudinarian' analysis of the well-known Linda paradox or conjunction fallacy, i.e., the fact that most people judge the probability of the conjunctive statement "Linda is a bank teller and is active in the feminist movement" (B & F) as more probable than the isolated statement "Linda is a bank teller" (B), contrary to an uncontroversial principle of probability theory. The basic idea is that experimental participants may judge B & F a better hypothesis about Linda as compared to B because they evaluate B & F as more verisimilar than B. In fact, the hypothesis "feminist bank teller", while less likely to be true than "bank teller", may well be a better approximation to the truth about Linda.
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Judgment Under Uncertainty: Heuristics and Biases.Kahneman, Daniel; Slovic, Paul & Tversky, Amos (eds.)

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Verisimilitude and Belief Change for Conjunctive Theories.Cevolani, Gustavo; Crupi, Vincenzo & Festa, Roberto
Verisimilitude and Belief Change for Nomic Conjunctive Theories.Cevolani, Gustavo; Festa, Roberto & Kuipers, Theo A. F.

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