Abstract I analyse the relationship between the Ramsey Test (RT) for the acceptance of indicative conditionals and the so-called problem of decision-instability. In particular, I argue that the situations which allegedly bring about this problem are troublesome just in case the relevant conditionals are evaluated by non-suppositional versions, e.g. causal/evidential, of the test. In contrast, a suppositional RT, by highlighting the metacognitive nature of the evaluation of indicative conditionals, allows an agent to run a simulation of such evaluation, without yet (...) committing her to the acceptance of such conditionals. I conclude that a suppositional interpretation of RT is superior to its nonsuppositional counterparts and by briefly showing that a suppositional RT is compatible with a deliberational decision theory. (shrink)

Advocates of Causal Decision Theory (CDT) argue that Evidential Decision Theory (EDT) is inadequate because it gives the wrong result in Newcomb problems. Egan (2007) provides a recipe for converting Newcomb problems to counterexamples to CDT, arguing that CDT is inadequate too. Proposed by Edgington (2011), the Conditional Causal Decision Theory (CCDT) is widely taken uncritically in the recent literature as a version of CDT that conforms to the supposedly correct pre-theoretic judgments about the rationality of acts in Newcomb problems (...) and Egan cases. While the renewed attention to the debate between EDT and CDT is mostly focused on how various theories treat Egan cases, this paper scrutinizes Edgington’s treatment of Newcomb problems and argues that, despite Edgington’s promise, CCDT actually fails in Newcomb problems. This, I assume, shows that CCDT is superior neither to the classic visions of CDT nor to EDT. The paper concludes by arguing, in general, that CCDT is systematically bound to deliver the same results as does EDT in any decision problem. Despite being formulated in terms of causal notions, therefore, it collapses back into the classic EDT. (shrink)

In Counterfactual Conditionals, Daniel Dohrn discusses the standard account of counterfactuals, conditionals of the form ‘If A had been the case, then B would have been the case’. According to the standard account, a counterfactual is true if the then-sentence is true in all closest worlds in which the if-sentence is true. Closeness is spelled out in terms of an ordering of worlds by their similarity. Dohrn explores resources of defending the standard account against several challenges. In particular, he defends (...) the standard logics for counterfactuals. He discusses exemplary doubts as to whether conditionals have truth conditions. He inquires into the interaction between truth and probability of counterfactuals. He tackles problems with the similarity ordering. He address the interaction between counterfactuals and normalcy conditions. He closes with elaborating peculiarities of future-directed counterfactuals. (shrink)

This paper develops an argument against causal decision theory. 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.

It has often been noted that there is some tension between engaging in decision-making and believing that one’s choices might be predetermined. The possibility that our choices are predetermined forces us to consider, in our decisions, act-state pairs which are inconsistent, and hence to which we cannot assign sensible utilities. But the reasoning which justifies two-boxing in Newcomb’s problem also justifies associating a non-zero causal probability with these inconsistent act-state pairs. Put together these undefined utilities and non-zero probabilities entail that (...) expected utilities are undefined whenever it is a possibility that our choices are predetermined. There are three ways to solve the problem, but all of them suffer serious costs: always assume that, contrary to our evidence, the outcome of our present decision-making is not predetermined; give up the reasoning that justifies unconditional two-boxing in Newcomb’s problem; or allow epistemically impossible outcomes to contribute to expected utility, leading to the wrong results in a series of cases introduced by Ahmed :665–685, 2014a, Evidence, decision and causality, Cambridge University Press, Cambridge, 2014b). However they choose to respond, causal decision theorists cannot remain silent: the intuitive tension between decision-making and the possibility of predetermination can be made precise, and resolving it will require giving up something. Causal decision theorists have a predetermination problem. (shrink)

A review of some major topics of debate in normative decision theory from circa 2007 to 2019. Topics discussed include the ongoing debate between causal and evidential decision theory, decision instability, risk-weighted expected utility theory, decision-making with incomplete preferences, and decision-making with imprecise credences.

Andy Egan has presented a dilemma for decision theory. As is well known, Newcomb cases appear to undermine the case for evidential decision theory. However, Egan has come up with a new scenario which poses difficulties for causal decision theory. I offer a simple solution to this dilemma in terms of a modified EDT. I propose an epistemological test: take some feature which is relevant to your evaluation of the scenarios under consideration, evidentially correlated with the actions under consideration albeit, (...) causally independent of them. Hold this feature fixed as a hypothesis. The test shows that, in Newcomb cases, EDT would mislead the agent. Where the test shows EDT to be misleading, I propose to use fictive conditional credences in the EDT-formula under the constraint that they are set to equal values. I then discuss Huw Price’s defence of EDT as an alternative to my diagnosis. I argue that my solution also applies if one accepts the main premisses of Price’s argument. I close with applying my solution to Nozick’s original Newcomb problem. (shrink)

Philosophers’ two favorite accounts of rational choice, Evidential Decision Theory (EDT) and Causal Decision Theory (CDT), each face a number of serious objections. Especially troubling are the recent charges that these theories are dynamically inconsistent. I note here that, under the epistemic assumptions that validate these charges, every decision theory that satisfies a pair of attractive postulates is doomed to a similar fate and then survey various lessons rational choice theorists might opt to draw from this.

Until recently, many philosophers took Causal Decision Theory to be more successful than its rival, Evidential Decision Theory. Things have changed, however, with a renewed concern that cases involving an extreme form of decision instability are counterexamples to CDT :392–403, 1984; Egan in Philos Rev 116:93–114, 2007). Most prominent among those cases of extreme decision instability is the Psychopath Button, due to Andy Egan; in that case, CDT recommends a seemingly absurd act that almost certainly results in your death. This (...) renewed attention to decision instability has spurned an array of modifications to and rejections of CDT. I argue, however, that the Psychopath Button and its ilk are no counterexamples to CDT. That is, given the causalist’s commitments in Newcomb Problems, they already have the tools to justify CDT’s verdict in Egan-style cases of extreme decision instability. I first argue that there is no reason to think the Psychopath Button is a counterexample to CDT; in particular, many philosophers have placed too much weight on pre-theoretic intuition in Egan-cases, and apart from pre-theoretic intuition, arguments against CDT in cases of extreme decision instability are flawed. My second claim is that the causalist can provide good reasons for following CDT in cases of extreme decision instability. I present a new case, the Two Button Defense, that highlights precisely why the causalist can reasonably follow CDT in even the Psychopath Button. CDT therefore stands as a viable decision theory, without need for modification, restriction, or rejection. (shrink)

This thesis consists of an introduction and five essays on decision theory.