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. 603--615 (2010)
Abstract
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.
Keywords Linda paradox  verisimilitude  truthlikeness  truth approximation  conjunction fallacy  probability
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