Decision making fallacies

  • How can logical fallacies impact our decision making and understanding of the world?

    Logical fallacies are arguments that may sound convincing, but are based on faulty logic and are therefore invalid.
    They may result from innocent errors in reasoning, or be used deliberately to mislead others.
    Taking logical fallacies at face value can lead you to make poor decisions based on unsound arguments..

  • What are fallacies and give examples?

    A formal logical fallacy occurs when there is an error in the logical structure of an argument.
    Formal logical fallacy example: The masked-man fallacy Premise 1: Peter Parker is Spider-Man.
    Premise 2: The citizens of New York know that Spider-Man saved their city..

  • What are fallacies in decision making?

    A logical fallacy is any kind of error in reasoning that renders an argument invalid.
    They can involve distorting or manipulating facts, drawing false conclusions, or distracting you from the issue at hand.
    In theory, it seems like they'd be pretty easy to spot, but this isn't always the case..

  • What are the 9 logical fallacies?

    Also known as appeal to popularity, argument from majority, argument from consensus, bandwagon fallacy, appeal to common belief, democratic fallacy, mob appeal, and appeal to masses..

  • What is decision point fallacy?

    Decision-Point Fallacy Arguing that because a line or distinction cannot be drawn at any point in a process, there are no differences or gradations in that process.
    Common Argument Forms..

  • What is the 10 fallacy?

    Ten fallacies of reasoning discussed in this chapter are hasty generalization, false analogy, false cause, false authority, false dilemma, ad hominem, slippery slope, red herring, and appeal to tradition..

  • Why do people make fallacies?

    And because fallacies can make illogical arguments seem logical, tricksters use them to persuade their audiences to believe illogical claims.
    By learning to recognize fallacies, however, we can avoid being deceitful and being misled by others..

  • False dilemma fallacy is also known as false dichotomy, false binary, and “either-or” fallacy.
    It is the fallacy of presenting only two choices, outcomes, or sides to an argument as the only possibilities, when more are available.
  • Formal fallacies are created when the relationship between premises and conclusion does not hold up or when premises are unsound; informal fallacies are more dependent on misuse of language and of evidence.
  • Logical fallacies are deceptive or false arguments that may seem stronger than they actually are due to psychological persuasion, but are proven wrong with reasoning and further examination.
    These mistakes in reasoning typically consist of an argument and a premise that does not support the conclusion.
A logical fallacy is any kind of error in reasoning that renders an argument invalid. They can involve distorting or manipulating facts, drawing false 

How can critical thinking help you detect logical fallacies?

By applying critical thinking, you'll be able to detect logical fallacies in the world around you and prevent yourself from using them as well.
Learn about some of the most common logical fallacies.

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How does the Sunk Cost Fallacy affect our decisions?

The sunk cost fallacy affects us most when we feel responsible for a decision and the sunk costs that accompany it.
This creates an emotional bias causing us to cling to the project, decision, or course of action for which we feel personally responsible.
The sunk cost fallacy can affect our decisions in response to other people’s past investments.

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How many fallacies are there in technology?

Six such fallacies are presented:

  1. it is an ethical issue
  2. only applies to “bad apples”
  3. experts are impartial and immune
  4. technology eliminates bias
  5. blind spot
  6. the illusion of control
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What are some logical fallacies?

Another logical fallacy is when you think, “We’ve always done things this way, so it must be right.” Wrong.
That’s called an appeal to tradition.
This, like all logical fallacies, is when we get lazy and turn off our minds.
It’s an easy thing to do, coast.

Formal fallacy, aka Linda Problem

The conjunction fallacy is an inference that a conjoint set of two or more specific conclusions is likelier than any single member of that same set, in violation of the laws of probability.
It is a type of formal fallacy.
Decision making fallacies
Decision making fallacies

Argument that uses faulty reasoning

A fallacy, also known as paralogia in modern psychology, is the use of invalid or otherwise faulty reasoning in the construction of an argument that may appear to be well-reasoned if unnoticed.
The term was introduced in the Western intellectual tradition by the Aristotelian De Sophisticis Elenchis.

Fallacy of inferring on the whole from a part


The fallacy of composition is an informal fallacy that arises when one infers that something is true of the whole from the fact that it is true of some part of the whole.
A trivial example might be: This tire is made of rubber; therefore, the vehicle of which it is a part is also made of rubber. This is fallacious, because vehicles are made with a variety of parts, most of which are not made of rubber.
The fallacy of composition can apply even when a fact is true of every proper part of a greater entity, though.
A more complicated example might be: No atoms are alive.
Therefore, nothing made of atoms is alive. This is a statement most people would consider incorrect, due to emergence, where the whole possesses properties not present in any of the parts.

Erroneous reasoning based on numeric metrics

Argumentative fallacy

The regression fallacy is an informal fallacy.
It assumes that something has returned to normal because of corrective actions taken while it was abnormal.
This fails to account for natural fluctuations.
It is frequently a special kind of the post hoc fallacy.

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