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Conjunction fallacy
Description
A formal fallacy that occurs when it is assumed that specific conditions are more probable than a single general one.
Conjunction fallacy in business decision
Believing it's more likely that a quiet, studious employee is "an accountant and enjoys sci-fi novels" than just "an accountant," even though the former is a subset of the latter and thus less probable.
Conjunction fallacy in personal life decision
You think it's more likely that someone is a bank teller and a yoga teacher than just a bank teller because the combined description feels more representative.