In this paper we question the theoretical tenability of Hertwig, Benz, and Krauss's (2008) (HBK) argument that responses commonly taken as manifestations of the conjunction fallacy should be instead considered as reflecting "reasonable pragmatic and semantic inferences" because the meaning of and does not always coincide with that of the logical…

According to the conjunction rule, the probability of A "and" B cannot exceed the probability of either single event. This rule reads "and" in terms of the logical operator [inverted v], interpreting A and B as an intersection of two events. As linguists have long argued, in natural language "and" can convey a wide range of relationships between…