which refers to a fallacy that can be disproven in a straightforward manner using a standard system of logic. The other type of fallacy, not surprisingly, is called informal fallacy, and refers to an error
Equivocation is aninformal logical fallacy, which means the error lies in the content of the argument and not the structure. Because the meaning of the ambiguous word changes halfway through the argument, the conclusion does not logically follow from the premise and is thus invalid. The fallacy ...
Lack of consideration. In some cases, people may commit an honest mistake by not thoroughly considering all available options. This leads them to ignore the middle ground and perceive a situation as an either-or scenario. Why is the either-or fallacy a problem? The either-or fallacy is a ...
like thered herringandad hominemfallacies, a claim can be both true andfallacious. With a false dilemma, the fallacy’s crux is that the binary options presented arenotaccurate.
Pathetic fallacy is used to describe the attribution of human emotions and actions onto non-human things found in nature.
It is easy to make the mistake of committing a fallacy of your own if you have strong feelings about a certain topic. When a conclusion seems obvious to you, you’re likely to assume that it’s true and not look for hard evidence to support the claim. ...
The human qualities assigned to these characters are not just figurative ways of describing them, as they are in pathetic fallacy. Rather, in anthropomorphism the non-human entities actually do human things like talking, falling in love, wiggling their eyebrows, and generally behaving like people ...
Understanding this concept can help avoid errors like the fallacy of composition. Conclusion The fallacy of composition can sneak up on us when we least expect it. It’s the idea that the qualities of one part are automatically the same for the whole group, but that’s often not the case...
A majority of people would choose the more expensive trip because, although it may not be more fun, the loss seems greater. The sunk cost fallacy prevents you from realizing what the best choice is and makes you place greater emphasis on the loss of unrecoverable money. ...
The decision to accept that the strategy did not work, and the best course of action is to cut the losses and move forward is challenging, but it is a critical skill to master for disciplined, long-term investors. The sunk cost fallacy is closely tied to the concept of “loss aversion”...