Kh. Teigen et al., LINDA VERSUS WORLD-CUP - CONJUNCTIVE PROBABILITIES IN 3-EVENT FICTIONAL AND REAL-LIFE PREDICTIONS, Journal of behavioral decision making, 9(2), 1996, pp. 77-93
Conjunction errors in probability judgments have been explained in ter
ms of representativeness, non-normative combination procedures, and li
nguistic, conversational, or conceptual misunderstandings. In two stud
ies, a three-event variant of the classical Linda scenario (Tversky an
d Kahneman, 1983) was contrasted with estimates of Norway's chances in
three coming World Cup soccer matches. Conjunction errors occurred ev
en in the latter, real-life prediction task, but much less frequently
than in the fictional Linda case. Magnitude of the conjunction effect
was found to be dependent upon type of probability (fictional versus d
ispositional), unequal versus equal probabilities of constituent event
s, predictions of positive versus negative outcomes, and, for real-lif
e predictions only, number of constituent events. Fictional probabilit
y ratings were close to but lower than representativeness ratings, giv
ing evidence for a representativeness and adjustment-for-uncertainty s
trategy, whereas probabilities of real-life events were given a causal
model interpretation.