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The Wallace neutrality [1] (also known as Wallace Irrelevance Proposition, [2] [3] Modigliani–Miller theorem for government finance [4]), is an economics proposition asserting that in certain environment, holding fiscal policy constant, alternative paths of the government financial policies have no effect on the sequences for the price level and for real allocations in the economy.
The conditional entropy of an observation variable e conditioned on a variable h characterizing alternative hypotheses provides a measure of the irrelevance of the observation variable e to the set of competing hypotheses characterized by h. It is useful combined with measures of the information content of the variable e in terms of its entropy.
The genetic fallacy (also known as the fallacy of origins or fallacy of virtue) [1] is a fallacy of irrelevance in which arguments or information are dismissed or validated based solely on their source of origin rather than their content. In other words, a claim is ignored or given credibility based on its source rather than the claim itself.
Independence of irrelevant alternatives (IIA) is an axiom of decision theory which codifies the intuition that a choice between and should not depend on the quality of a third, unrelated outcome .
For example, relevant evidence may be excluded if it is unfairly prejudicial, confusing, or the relevance or irrelevance of evidence cannot be determined by logical analysis. There is also general agreement that assessment of relevance or irrelevance involves or requires judgements about probabilities or uncertainties.
An irrelevant conclusion, [1] also known as ignoratio elenchi (Latin for 'ignoring refutation') or missing the point, is the informal fallacy of presenting an argument whose conclusion fails to address the issue in question.
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