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  1. Expected Value Under Normative Uncertainty.Franz Dietrich & Brian Jabarian - manuscript
    Maximising expected value is the classic doctrine in choice theory under empirical uncertainty, and a prominent proposal in the emerging philosophical literature on normative uncertainty, i.e., uncertainty about the standard of evaluation. But how should Expectationalism be stated in general, when we can face both uncertainties simultaneously, as is common in life? Surprisingly, different possibilities arise, ranging from Ex-Ante to Ex-Post Expectationalism, with several hybrid versions. The difference lies in the perspective from which expectations are taken, or equivalently the amount (...)
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  2. Beyond Belief: Logic in Multiple Attitudes.Franz Dietrich, Antonios Staras & Robert Sugden - manuscript
    Choice-theoretic and philosophical accounts of rationality and reasoning address a multi-attitude psychology, including beliefs, desires, intentions, etc. By contrast, logicians traditionally focus on beliefs only. Yet there is 'logic' in multiple attitudes. We propose a generalization of the three standard logical requirements on beliefs -- consistency, completeness, and deductive closedness -- towards multiple attitudes. How do these three logical requirements relate to rational requirements, e.g., of transitive preferences or non-akratic intentions? We establish a systematic correspondence: each logical requirement (consistency, completeness, (...)
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  3. An Evolutionary Psychology Model of Ego, Risk, and Cognitive Dissonance.Baruch Feldman - manuscript
    I propose a novel model of the human ego (which I define as the tendency to measure one’s value based on extrinsic success rather than intrinsic aptitude or ability). I further propose the conjecture that ego so defined both is a non-adaptive by-product of evolutionary pressures, and has some evolutionary value as an adaptation (protecting self-interest). I explore ramifications of this model, including how it mediates individuals’ reactions to perceived and actual limits of their power, their ability to cope with (...)
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  4. What’s a Rational Self-Torturer to Do?Douglas W. Portmore - manuscript
    This paper concerns Warren Quinn’s famous “The Puzzle of the Self-Torturer.” I argue that even if we accept his assumption that practical rationality is purely instrumental such that what he ought to do is simply a function of how the relevant options compare to each other in terms of satisfying his actual preferences that doesn’t mean that every explanation as to why he shouldn’t advance to the next level must appeal to the idea that so advancing would be suboptimal in (...)
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  5. Expected Comparative Utility Theory: A New Theory of Rational Choice Under Risk.David Robert - manuscript
    This paper proposes a new normative theory of rational choice under risk—expected comparative utility theory. It is first argued that for any decision option, a, and any state of the world, G, the measure of the choiceworthiness of a in G is the comparative utility of a in G—that is, the difference in utility, in G, between a and whichever alternative to a carries the greatest utility in G. On the basis of this principle, it is then argued, roughly speaking, (...)
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  6. How To Be Rational: How to Think and Act Rationally.David Robert - manuscript
    This book is divided into 2 sections. In Section 1 (How to think rationally), I address how to acquire rational belief attitudes and, on that basis, I consider the question whether one ought to be skeptical of climate change. In Section 2 (How to act rationally), I address how to make rational choices and, on that basis, I consider the questions whether one is rationally required to do what one can for the welfare of posterity and whether one is rationally (...)
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  7. Smokers and Psychos: Egan Cases Don't Work.Arif Ahmed - 2010
    Andy Egan's Smoking Lesion and Psycho Button cases are supposed to be counterexamples to Causal Decision Theory. This paper argues that they are not: more precisely, it argues that if CDT makes the right call in Newcomb's problem then it makes the right call in Egan cases too.
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  8. In Favor of Mentalism in Economics: A Conversation with Christian List.Christian List & Catherine Herfeld - forthcoming - In Catherine Herfeld (ed.), Conversations on Rational Choice. Cambridge: Cambridge University Press.
    This is an edited transcript of a conversation to be included in the collection "Conversations on Rational Choice". The conversation was conducted in Munich on 7 and 9 February 2016.
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  9. An Argument Against Causal Decision Theory.Jack Spencer - forthcoming - Analysis.
    I formulate a principle of preference, which I call the Guaranteed Principle. I argue that the preferences of rational agents satisfy the Guaranteed Principle, that the preferences of agents who embody causal decision theory do not, and hence that causal decision theory is false.
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  10. Weak Pseudo-Rationalizability.Rush Stewart - forthcoming - Mathematical Social Sciences.
    This paper generalizes rationalizability of a choice function by a single acyclic binary relation to rationalizability by a set of such relations. Rather than selecting those options in a menu that are maximal with respect to a single binary relation, a weakly pseudo-rationalizable choice function selects those options that are maximal with respect to at least one binary relation in a given set. I characterize the class of weakly pseudo-rationalizable choice functions in terms of simple functional properties. This result also (...)
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  11. A Hyper-Relation Characterization of Weak Pseudo-Rationalizability.Rush T. Stewart - forthcoming - Journal of Mathematical Psychology.
    I provide a characterization of weakly pseudo-rationalizable choice functions---that is, choice functions rationalizable by a set of acyclic relations---in terms of hyper-relations satisfying certain properties. For those hyper-relations Nehring calls extended preference relations, the central characterizing condition is weaker than (hyper-relation) transitivity but stronger than (hyper-relation) acyclicity. Furthermore, the relevant type of hyper-relation can be represented as the intersection of a certain class of its extensions. These results generalize known, analogous results for path independent choice functions.
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  12. Money Pumps, Diachronic and Synchronic.Levy Yair - forthcoming - Journal of Ethics and Social Philosophy.
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  13. The Sunk Cost "Fallacy" Is Not a Fallacy.Ryan Doody - 2020 - Ergo: An Open Access Journal of Philosophy 6:1153-1190.
    Business and Economic textbooks warn against committing the Sunk Cost Fallacy: you, rationally, shouldn't let unrecoverable costs influence your current decisions. In this paper, I argue that this isn't, in general, correct. Sometimes it's perfectly reasonable to wish to carry on with a project because of the resources you've already sunk into it. The reason? Given that we're social creatures, it's not unreasonable to care about wanting to act in such a way so that a plausible story can be told (...)
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  14. Morals From Rationality Alone? Some Doubts.J. P. Messina & David Wiens - 2020 - Politics, Philosophy and Economics 19 (3):248-273.
    Contractarians aim to derive moral principles from the dictates of instrumental rationality alone. But it is well-known that contractarian moral theories struggle to identify normative principles that are both uniquely rational and morally compelling. Michael Moehler's recent book, *Minimal Morality* seeks to avoid these difficulties by developing a novel "two-level" social contract theory, which restricts the scope of contractarian morality to cases of deep and persistent moral disagreement. Yet Moehler remains ambitious, arguing that a restricted version of Kant's categorical imperative (...)
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  15. Rationality, Normativity, and Emotions: An Assessment of Max Weber’s Typology of Social Action.Frédéric Minner - 2020 - Klesis 48:235-267.
    A view inherited from Max Weber states that purposive rational action, value rational action and affective action are three distinct types of social action that can compete, oppose, complement or substitute each other in social explanations. Contrary to this statement, I will defend the view that these do not constitute three different types of social actions, but that social actions always seem to concurrently involve rationality, normativity and affectivity. I show this by discussing the links between rational actions and consequentialism (...)
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  16. Free Will in Human Behavior and Physics.Vasil Penchev - 2020 - Labor and Social Relations 30 (6):185-196.
    If the concept of “free will” is reduced to that of “choice” all physical world shares the latter quality. Anyway the “free will” can be distinguished from the “choice”: The “free will” involves implicitly a certain goal, and the choice is only the mean, by which the aim can be achieved or not by the one who determines the target. Thus, for example, an electron has always a choice but not free will unlike a human possessing both. Consequently, and paradoxically, (...)
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  17. Transformative Experience and the Knowledge Norms for Action: Moss on Paul’s Challenge to Decision Theory.Richard Pettigrew - 2020 - In Becoming Someone New: Essays on Transformative Experience, Choice, and Change. New York, NY, USA:
    to appear in Lambert, E. and J. Schwenkler (eds.) Transformative Experience (OUP) -/- L. A. Paul (2014, 2015) argues that the possibility of epistemically transformative experiences poses serious and novel problems for the orthodox theory of rational choice, namely, expected utility theory — I call her argument the Utility Ignorance Objection. In a pair of earlier papers, I responded to Paul’s challenge (Pettigrew 2015, 2016), and a number of other philosophers have responded in similar ways (Dougherty, et al. 2015, Harman (...)
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  18. The Credit Incentive to Be a Maverick.Remco Heesen - 2019 - Studies in History and Philosophy of Science Part A 76:5-12.
    There is a commonly made distinction between two types of scientists: risk-taking, trailblazing mavericks and detail-oriented followers. A number of recent papers have discussed the question what a desirable mixture of mavericks and followers looks like. Answering this question is most useful if a scientific community can be steered toward such a desirable mixture. One attractive route is through credit incentives: manipulating rewards so that reward-seeking scientists are likely to form the desired mixture of their own accord. Here I argue (...)
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  19. Aggregation for Potentially Infinite Populations Without Continuity or Completeness.David McCarthy, Kalle M. Mikkola & J. Teruji Thomas - 2019 - arXiv:1911.00872 [Econ.TH].
    We present an abstract social aggregation theorem. Society, and each individual, has a preorder that may be interpreted as expressing values or beliefs. The preorders are allowed to violate both completeness and continuity, and the population is allowed to be infinite. The preorders are only assumed to be represented by functions with values in partially ordered vector spaces, and whose product has convex range. This includes all preorders that satisfy strong independence. Any Pareto indifferent social preorder is then shown to (...)
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  20. Analytic Narratives: What They Are and How They Contribute to Historical Explanation.Philippe Mongin - 2019 - In Claude Diebolt & Michael Haupert (eds.), Handbook of Cliometrics. Berlin: Springer.
    The expression "analytic narratives" is used to refer to a range of quite recent studies that lie on the boundaries between history, political science, and economics. These studies purport to explain specific historical events by combining the usual narrative approach of historians with the analytic tools that economists and political scientists draw from formal rational choice theories. Game theory, especially of the extensive form version, is currently prominent among these tools, but there is nothing inevitable about such a technical choice. (...)
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  21. Choosing for Changing Selves.Richard Pettigrew - 2019 - Oxford, UK: Oxford University Press.
    What we value, like, endorse, want, and prefer changes over the course of our lives. Richard Pettigrew presents a theory of rational decision making for agents who recognise that their values will change over time and whose decisions will affect those future times.
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  22. Collective Moral Obligations: ‘We-Reasoning’ and the Perspective of the Deliberating Agent.Anne Schwenkenbecher - 2019 - The Monist 102 (2):151-171.
    Together we can achieve things that we could never do on our own. In fact, there are sheer endless opportunities for producing morally desirable outcomes together with others. Unsurprisingly, scholars have been finding the idea of collective moral obligations intriguing. Yet, there is little agreement among scholars on the nature of such obligations and on the extent to which their existence might force us to adjust existing theories of moral obligation. What interests me in this paper is the perspective of (...)
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  23. The Dead Hands of Group Selection and Phenomenology -- A Review of Individuality and Entanglement by Herbert Gintis 357p (2017)(Review Revised 2019).Michael Starks - 2019 - In Suicidal Utopian Delusions in the 21st Century -- Philosophy, Human Nature and the Collapse of Civilization -- Articles and Reviews 2006-2019 4th Edition Michael Starks. Las Vegas, NV USA: Reality Press. pp. 364-376.
    Since Gintis is a senior economist and I have read some of his previous books with interest, I was expecting some more insights into behavior. Sadly, he makes the dead hands of group selection and phenomenology into the centerpieces of his theories of behavior, and this largely invalidates the work. Worse, since he shows such bad judgement here, it calls into question all his previous work. The attempt to resurrect group selection by his friends at Harvard, Nowak and Wilson, a (...)
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  24. La estructura lógica de la filosofía, la psicología, la mente y el lenguaje revelada en los escritos de Ludwig Wittgenstein y John Searle (revisado en 2019).Michael Richard Starks - 2019 - In Delirios Utópicos Suicidas en el Siglo 21 La filosofía, la naturaleza humana y el colapso de la civilización Artículos y reseñas 2006-2019 4TH Edición. Las Vegas, NV USA: Reality Press. pp. 2-102.
    Proporciono un estudio crítico de algunos de los principales hallazgos de Wittgenstein y Searle sobre la estructura lógica de la intencionalidad (mente, lenguaje, comportamiento), tomando como punto de partida el descubrimiento fundamental de Wittgenstein, que todos los problemas verdaderamente ' filosóficos ' son los mismos — confusiones sobre cómo usar el lenguaje en un contexto particular, y por lo que todas las soluciones son las mismas — observando cómo se puede utilizar el lenguaje en el contexto en cuestión para que (...)
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  25. The Evolution of Social Contracts.Michael Vlerick - 2019 - Journal of Social Ontology 5 (2):181-203.
    Influential thinkers such as Young, Sugden, Binmore, and Skyrms have developed game-theoretic accounts of the emergence, persistence and evolution of social contracts. Social contracts are sets of commonly understood rules that govern cooperative social interaction within societies. These naturalistic accounts provide us with valuable and important insights into the foundations of human societies. However, current naturalistic theories focus mainly on how social contracts solve coordination problems in which the interests of the individual participants are aligned, not competition problems in which (...)
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  26. Risk Attitudes in Axiomatic Decision Theory: A Conceptual Perspective.Jean Baccelli - 2018 - Theory and Decision 84 (1):61-82.
    In this paper, I examine the decision-theoretic status of risk attitudes. I start by providing evidence showing that the risk attitude concepts do not play a major role in the axiomatic analysis of the classic models of decision-making under risk. This can be interpreted as reflecting the neutrality of these models between the possible risk attitudes. My central claim, however, is that such neutrality needs to be qualified and the axiomatic relevance of risk attitudes needs to be re-evaluated accordingly. Specifically, (...)
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  27. Success-First Decision Theories.Preston Greene - 2018 - In Arif Ahmed (ed.), Newcomb's Problem. Cambridge University Press. pp. 115–137.
    The standard formulation of Newcomb's problem compares evidential and causal conceptions of expected utility, with those maximizing evidential expected utility tending to end up far richer. Thus, in a world in which agents face Newcomb problems, the evidential decision theorist might ask the causal decision theorist: "if you're so smart, why ain’cha rich?” Ultimately, however, the expected riches of evidential decision theorists in Newcomb problems do not vindicate their theory, because their success does not generalize. Consider a theory that allows (...)
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  28. Continuity and Completeness of Strongly Independent Preorders.David McCarthy & Kalle Mikkola - 2018 - Mathematical Social Sciences 93:141-145.
    A strongly independent preorder on a possibly in finite dimensional convex set that satisfi es two of the following conditions must satisfy the third: (i) the Archimedean continuity condition; (ii) mixture continuity; and (iii) comparability under the preorder is an equivalence relation. In addition, if the preorder is nontrivial (has nonempty asymmetric part) and satisfi es two of the following conditions, it must satisfy the third: (i') a modest strengthening of the Archimedean condition; (ii') mixture continuity; and (iii') completeness. Applications (...)
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  29. A Game-Theoretic Analysis of the Waterloo Campaign and Some Comments on the Analytic Narrative Project.Philippe Mongin - 2018 - Cliometrica 12:451–480.
    The paper has a twofold aim. On the one hand, it provides what appears to be the first game-theoretic modeling of Napoleon’s last campaign, which ended dramatically on 18 June 1815 at Waterloo. It is specifically concerned with the decision Napoleon made on 17 June 1815 to detach part of his army against the Prussians he had defeated, though not destroyed, on 16 June at Ligny. Military historians agree that this decision was crucial but disagree about whether it was rational. (...)
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  30. Robots and Us: Towards an Economics of the ‘Good Life’.C. W. M. Naastepad & Jesse M. Mulder - 2018 - Review of Social Economy:1-33.
    (Expected) adverse effects of the ‘ICT Revolution’ on work and opportunities for individuals to use and develop their capacities give a new impetus to the debate on the societal implications of technology and raise questions regarding the ‘responsibility’ of research and innovation (RRI) and the possibility of achieving ‘inclusive and sustainable society’. However, missing in this debate is an examination of a possible conflict between the quest for ‘inclusive and sustainable society’ and conventional economic principles guiding capital allocation (including the (...)
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  31. Expected Comparative Utility Theory: A New Theory of Rational Choice.David Robert - 2018 - Philosophical Forum 49 (1):19-37.
    This paper proposes a new theory of rational choice, Expected Comparative Utility (ECU) Theory. It is first argued that for any decision option, a, and any state of the world, G, the measure of the choiceworthiness of a in G is the comparative utility of a in G – that is, the difference in utility, in G, between a and whichever alternative to a carries the greatest utility in G. On the basis of this principle, it is then argued, roughly (...)
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  32. Representation of Strongly Independent Preorders by Sets of Scalar-Valued Functions.David McCarthy, Kalle Mikkola & Teruji Thomas - 2017 - MPRA Paper No. 79284.
    We provide conditions under which an incomplete strongly independent preorder on a convex set X can be represented by a set of mixture preserving real-valued functions. We allow X to be infi nite dimensional. The main continuity condition we focus on is mixture continuity. This is sufficient for such a representation provided X has countable dimension or satisfi es a condition that we call Polarization.
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  33. The Dead Hands of Group Selection and Phenomenology -- A Review of Individuality and Entanglement by Herbert Gintis 357p (2017).Michael Starks - 2017 - In Suicidal Utopian Delusions in the 21st Century: Philosophy, Human Nature and the Collapse of Civilization-- Articles and Reviews 2006-2017 2nd Edition Feb 2018. Henderson: Michael Starks.
    Since Gintis is a senior economist and I have read some of his previous books with interest, I was expecting some more insights into behavior. Sadly he makes the dead hands of group selection and phenomenology into the centerpieces of his theories of behavior, and this largely invalidates the work. Worse, since he shows such bad judgement here, it calls into question all his previous work. The attempt to resurrect group selection by his friends at Harvard, Nowak and Wilson, a (...)
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  34. Das Recht auf unsinnige Entscheidungen: Kant gegen die neuen Paternalismen.Daniela Tafani - 2017 - Zeitschrift Für Rechtsphilosophie Neue Folge 1 (1):40-73.
    In recent decades, behavioral sciences have introduced into economic theories of choice the image of weak willed individuals with limited rationality, whose decisions are affected by systematic errors. From here, theorists of libertarian paternalism originate the thesis of the possibility of State interventions that promote citizens’ welfare by conditioning their choices while, at the same time, safeguarding their freedom. The Author asserts that such a public promotion of individual welfare is equivalent to the transformation of the welfare State into a (...)
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  35. Modeling Economic Systems as Locally-Constructive Sequential Games.Leigh Tesfatsion - 2017 - Journal of Economic Methodology 24 (4):1-26.
    Real-world economies are open-ended dynamic systems consisting of heterogeneous interacting participants. Human participants are decision-makers who strategically take into account the past actions and potential future actions of other participants. All participants are forced to be locally constructive, meaning their actions at any given time must be based on their local states; and participant actions at any given time affect future local states. Taken together, these essential properties imply real-world economies are locally-constructive sequential games. This paper discusses a modeling approach, (...)
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  36. “Comparativism: The Ground of Rational Choice,” in Errol Lord and Barry McGuire, Eds., Weighing Reasons , 2016.Ruth Chang - 2016 - In B. Maguire & E. Lord (eds.), Weighing Reasons. Oxford University Press. pp. 213-240.
    What, normatively speaking, are the grounds of rational choice? This paper defends ‘comparativism’, the view that a comparative fact grounds rational choice. It examines three of the most serious challenges to comparativism: 1) that sometimes what grounds rational choice is an exclusionary-type relation among alternatives; 2) that an absolute fact such as that it’s your duty or conforms to the Categorial Imperative grounds rational choice; and 3) that rational choice between incomparables is possible, and in particular, all that is needed (...)
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  37. Reason-Based Choice and Context-Dependence: An Explanatory Framework.Franz Dietrich & Christian List - 2016 - Economics and Philosophy 32 (2):175-229.
    We introduce a “reason-based” framework for explaining and predicting individual choices. It captures the idea that a decision-maker focuses on some but not all properties of the options and chooses an option whose motivationally salient properties he/she most prefers. Reason-based explanations allow us to distinguish between two kinds of context-dependent choice: the motivationally salient properties may (i) vary across choice contexts, and (ii) include not only “intrinsic” properties of the options, but also “context-related” properties. Our framework can accommodate boundedly rational (...)
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  38. Social Norms and Unthinkable Options.Ulf Hlobil - 2016 - Synthese 193 (8):2519–2537.
    We sometimes violate social norms in order to express our views and to trigger public debates. Many extant accounts of social norms don’t give us any insight into this phenomenon. Drawing on Cristina Bicchieri’s work, I am putting forward an empirical hypothesis that helps us to understand such norm violations. The hypothesis says, roughly, that we often adhere to norms because we are systematically blind to norm-violating options. I argue that this hypothesis is independently plausible and has interesting consequences. It (...)
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  39. Measurement Scales and Welfarist Social Choice.Michael Morreau & John A. Weymark - 2016 - Journal of Mathematical Psychology 75:127-136.
    The social welfare functional approach to social choice theory fails to distinguish a genuine change in individual well-beings from a merely representational change due to the use of different measurement scales. A generalization of the concept of a social welfare functional is introduced that explicitly takes account of the scales that are used to measure well-beings so as to distinguish between these two kinds of changes. This generalization of the standard theoretical framework results in a more satisfactory formulation of welfarism, (...)
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  40. The Role of Imagination in Decision-Making.Bence Nanay - 2016 - Mind and Language 31 (1):126-142.
    The psychological mechanism of decision-making has traditionally been modeled with the help of belief-desire psychology: the agent has some desires (or other pro-attitudes) and some background beliefs and deciding between two possible actions is a matter of comparing the probability of the satisfaction of these desires given the background beliefs in the case of the performance of each action. There is a wealth of recent empirical findings about how we actually make decisions that seems to be in conflict with this (...)
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  41. Don’T Be an Ass: Rational Choice and its Limits.Marc Champagne - 2015 - Reason Papers 37 (1):137-147.
    Deliberation is often seen as the site of human freedom, but the binding power of rationality seems to imply that deliberation is, in its own way, a deterministic process. If one knows the starting preferences and circumstances of an agent, then, assuming that the agent is rational and that those preferences and circumstances don’t change, one should be in a position to predict what the agent will decide. However, given that an agent could conceivably confront equally attractive alternatives, it is (...)
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  42. Natural Experiments and Pluralism in Political Science.Sharon Crasnow - 2015 - Philosophy of the Social Sciences 45 (4-5):424-441.
    Natural experiments are an increasingly popular research design in political science. This popularity raises a number of questions. First, what are natural experiments and why are they appealing? Second, what makes a good natural experiment? And finally, are natural experiments able to provide resources for knowledge production that other methodologies cannot or do not provide? Using Mary Morgan’s and Thad Dunning’s recent work on natural experiments, I offer answers to the first two questions and use the analysis to argue that (...)
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  43. Transformative Experience and Decision Theory.Richard Pettigrew - 2015 - Philosophy and Phenomenological Research 91 (3):766-774.
    This paper is part of a book symposium for L. A. Paul (2014) Transformative Experience (OUP).
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  44. How You Can Reasonably Form Expectations When You're Expecting.Nathaniel Sharadin - 2015 - Res Philosophica 92 (2):1-12.
    L.A. Paul has argued that an ordinary, natural way of making a decision -- by reflecting on the phenomenal character of the experiences one will have as a result of that decision -- cannot yield rational decision in certain cases. Paul's argument turns on the (in principle) epistemically inaccessible phenomenal character of certain experiences. In this paper I argue that, even granting Paul a range of assumptions, her argument doesn't work to establish its conclusion. This is because, as I argue, (...)
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  45. Decision-Theoretic Approaches to Non-Knowledge in Economics.Ekaterina Svetlova & Henk van Elst - 2015 - In Gross Matthias & McGoey Linsy (eds.), Routledge International Handbook of Ignorance Studies. Routledge. pp. 349-360.
    The aim of this contribution is to provide an overview of conceptual approaches to incorporating a decision maker’s non-knowledge into economic theory. We will focus here on the particular kind of non-knowledge which we consider to be one of the most important for economic discussions: non-knowledge of possible consequence-relevant uncertain events which a decision maker would have to take into account when selecting between different strategies.
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  46. Rational Choice and the Transitivity of Betterness.Toby Handfield - 2014 - Philosophy and Phenomenological Research 89 (3):584-604.
    If A is better than B and B is better than C, then A is better than C, right? Larry Temkin and Stuart Rachels say: No! Betterness is nontransitive, they claim. In this paper, I discuss the central type of argument advanced by Temkin and Rachels for this radical idea, and argue that, given this view very likely has sceptical implications for practical reason, we would do well to identify alternative responses. I propose one such response, which employs the idea (...)
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  47. Team Reasoning as a Guide to Coordination.Bernd Lahno & Amrei Lahno - 2014 - Munich Discussion Paper No 2014-8.
    A particular problem of traditional Rational Choice Theory is that it cannot explain equilibrium selection in simple coordination games. In this paper we analyze and discuss the solution concept for common coordination problems as incorporated in the theory of Team Reasoning (TR). Special consideration is given to TR’s concept of opportunistic choice and to the resulting restrictions in using private information. We report results from a laboratory experiment in which teams were given a chance to coordinate on a particular pattern (...)
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  48. Review of The Trace of God: A Rational Warrant for Belief. By Joseph Hinman. [REVIEW]Lantz Fleming Miller - 2014 - Studies in Religion 43 (3):529-531.
    The ongoing debates about what rationality consists in remain unsettled and leave plenty of interpretation for what is rational in belief formation and action. Hinman risks a large step in seeming to assume that it is rational not to contravene scientific theories and findings and irrational to disallow this openness. These -- possibilities lending a potential for deistic beliefs not to be inconsistent with rationality. The presumed scientific approach to allowing a rationality in such belief revolves around the development of (...)
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  49. Libertarian Patriarchalism: Nudges, Procedural Roadblocks, and Reproductive Choice.Govind Persad - 2014 - Women’s Rights L. Rep 35:273--466.
    Cass Sunstein and Richard Thaler's proposal that social and legal institutions should steer individuals toward some options and away from others-a stance they dub "libertarian paternalism"-has provoked much high-level discussion in both academic and policy settings. Sunstein and Thaler believe that steering, or "nudging," individuals is easier to justify than the bans or mandates that traditional paternalism involves. -/- This Article considers the connection between libertarian paternalism and the regulation of reproductive choice. I first discuss the use of nudges to (...)
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  50. The Money Pump Is Necessarily Diachronic.Adrian M. S. Piper - 2014 - Adrian Piper Research Archive Foundation Berlin/Philosophy.
    In “The Irrelevance of the Diachronic Money-Pump Argument for Acyclicity,” The Journal of Philosophy CX, 8 (August 2013), 460-464, Johan E. Gustafsson contends that if Davidson, McKinsey and Suppes’ diachronic money-pump argument in their "Outlines of a Formal Theory of Value, I," Philosophy of Science 22 (1955), 140-160 is valid, so is the synchronic argument Gustafsson himself offers. He concludes that the latter renders irrelevant diachronic choice considerations in general, and the two best-known diachronic solutions to the money pump problem (...)
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