Behavioral Economist: A digital subscription platform will retain a majority of its first-year subscribers only if it implements algorithmic customization that matches user preferences with high precision. StreamCore has just deployed a state-of-the-art algorithmic customization system that predicts and matches user preferences with unprecedented accuracy. Therefore, StreamCore is assured of retaining a majority of its first-year subscribers.
The reasoning in the behavioral economist's argument is flawed because the argument
- Arejects the possibility that user preference matching could be achieved through non-algorithmic methods
- Bconfuses a claim that serves as intermediate evidence regarding software deployment with the main conclusion about business viability
- treats a condition that is necessary for retaining a majority of subscribers as if it were sufficient to guarantee that outcomeAnswer
- Dattacks the truth of the premise that subscriber retention depends upon matching user preferences
- Epresumes that algorithmic customization is the sole factor that will ever influence any aspect of platform performance
Answer
The argument treats a condition that is necessary for retaining a majority of subscribers as if it were sufficient to guarantee that outcome.
The economist's premise states that implementing high-precision algorithmic customization is a necessary condition ('only if') for retaining a majority of first-year subscribers. However, the conclusion infers that because StreamCore satisfied this necessary condition, retention of the majority is guaranteed. This erroneously treats a required prerequisite as a sufficient guarantee.
Step-by-Step Solution
Key Concept
Distinguishing Necessary vs. Sufficient Conditions in Conditional Reasoning
Estimated Time:1m 30s