Switch to: References

Add citations

You must login to add citations.
  1. Choice-Based Cardinal Utility. A Tribute to Patrick Suppes.Jean Baccelli & Philippe Mongin - 2016 - Journal of Economic Methodology 23 (3):268-288.
    We reexamine some of the classic problems connected with the use of cardinal utility functions in decision theory, and discuss Patrick Suppes's contributions to this field in light of a reinterpretation we propose for these problems. We analytically decompose the doctrine of ordinalism, which only accepts ordinal utility functions, and distinguish between several doctrines of cardinalism, depending on what components of ordinalism they specifically reject. We identify Suppes's doctrine with the major deviation from ordinalism that conceives of utility functions as (...)
    Download  
     
    Export citation  
     
    Bookmark   3 citations  
  • Rationality and the Structure of the Self, Volume I: The Humean Conception.Adrian M. S. Piper - 2013 - APRA Foundation Berlin.
    The Humean conception of the self consists in the belief-desire model of motivation and the utility-maximizing model of rationality. This conception has dominated Western thought in philosophy and the social sciences ever since Hobbes’ initial formulation in Leviathan and Hume’s elaboration in the Treatise of Human Nature. Bentham, Freud, Ramsey, Skinner, Allais, von Neumann and Morgenstern and others have added further refinements that have brought it to a high degree of formal sophistication. Late twentieth century moral philosophers such as Rawls, (...)
    Download  
     
    Export citation  
     
    Bookmark   2 citations  
  • Money pumps.Jordan Howard Sobel - 2001 - Philosophy of Science 68 (2):242-257.
    After maintaining in that certain cyclical preferences can be reasonable, the following questions were tabled: “in what circumstances and under what assumptions … these … preferences of George's would turn him into a ”money pump,” and in what circumstances and under what assumptions they would not do that.” Two pumps afford answers. George, who is sufficiently reasonable and well-informed to use backward induction, has, for this reason, nothing to fear from the first pump, but the second, of a nonstandard design (...)
    Download  
     
    Export citation  
     
    Bookmark   4 citations  
  • Understanding procrastination.Chrisoula Andreou - 2007 - Journal for the Theory of Social Behaviour 37 (2):183–193.
    Procrastination is frustrating. Because the procrastinator's frustration is self-imposed, procrastination can also be quite puzzling. I consider attempts at explaining, or explaining away, what appear to be genuine cases of procrastination. According to the position that I propose and defend, genuine procrastination exists and is supported by preference loops, which can be either stable or evanescent.
    Download  
     
    Export citation  
     
    Bookmark   9 citations  
  • Decision Theory.Katie Steele & H. Orri Stefánsson - 2012 - In Ed Zalta (ed.), Stanford Encyclopedia of Philosophy. Stanford Encyclopedia of Philosophy.
    Download  
     
    Export citation  
     
    Bookmark   37 citations  
  • Future-Bias and Practical Reason.Tom Dougherty - 2015 - Philosophers' Imprint 15.
    Nearly everyone prefers pain to be in the past rather than the future. This seems like a rationally permissible preference. But I argue that appearances are misleading, and that future-biased preferences are in fact irrational. My argument appeals to trade-offs between hedonic experiences and other goods. I argue that we are rationally required to adopt an exchange rate between a hedonic experience and another type of good that stays fixed, regardless of whether the hedonic experience is in the past or (...)
    Download  
     
    Export citation  
     
    Bookmark   35 citations  
  • Environmental Damage and the Puzzle of the Self-Torturer.Chrisoula Andreou - 2005 - Philosophy and Public Affairs 34 (1):95-108.
    I show, building on Warren Quinn's puzzle of the self-torturer, that destructive conduct with respect to the environment can flourish even in the absence of interpersonal conflicts. As Quinn's puzzle makes apparent, in cases where individually negligible effects are involved, an agent, whether it be an individual or a unified collective, can be led down a course of destruction simply as a result of following its informed and perfectly understandable but intransitive preferences. This is relevant with respect to environmental ethics, (...)
    Download  
     
    Export citation  
     
    Bookmark   23 citations  
  • Money Pumps, Incompleteness, and Indeterminacy.Johan E. Gustafsson - 2016 - Philosophy and Phenomenological Research 92 (1):60-72.
    In an alleged counter-example to the completeness of rational preferences, a career as a clarinettist is compared with a career in law. It seems reasonable to neither want to judge that the law career is at least as preferred as the clarinet career nor want to judge that the clarinet career is at least as preferred as the law career. The two standard interpretations of examples of this kind are, first, that the examples show that preferences are rationally permitted to (...)
    Download  
     
    Export citation  
     
    Bookmark   3 citations  
  • A New Interpretation of the Representational Theory of Measurement.Conrad Heilmann - 2015 - Philosophy of Science 82 (5):787-797.
    On the received view, the Representational Theory of Measurement reduces measurement to the numerical representation of empirical relations. This account of measurement has been widely criticized. In this article, I provide a new interpretation of the Representational Theory of Measurement that sidesteps these debates. I propose to view the Representational Theory of Measurement as a library of theorems that investigate the numerical representability of qualitative relations. Such theorems are useful tools for concept formation that, in turn, is one crucial aspect (...)
    Download  
     
    Export citation  
     
    Bookmark   11 citations  
  • A difficult choice in preference theory: rationality implies completeness or transitivity but not both.Michael Mandler - 2001 - In Elijah Millgram (ed.), Varieties of Practical Reasoning. MIT Press. pp. 373--402.
    Download  
     
    Export citation  
     
    Bookmark   12 citations  
  • Preference and the cost of preferential choice.Carl Halldin - 1986 - Theory and Decision 21 (1):35-63.
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Rationality and the Structure of the Self Volume II: A Kantian Conception.Adrian M. S. Piper - 2013 - APRA Foundation.
    Adrian Piper argues that the Humean conception can be made to work only if it is placed in the context of a wider and genuinely universal conception of the self, whose origins are to be found in Kant’s Critique of Pure Reason. This conception comprises the basic canons of classical logic, which provide both a model of motivation and a model of rationality. These supply necessary conditions both for the coherence and integrity of the self and also for unified agency. (...)
    Download  
     
    Export citation  
     
    Bookmark   4 citations  
  • Does optimization imply rationality?Philippe Mongin - 2000 - Synthese 124 (1-2):73 - 111.
    The relations between rationality and optimization have been widely discussed in the wake of Herbert Simon's work, with the common conclusion that the rationality concept does not imply the optimization principle. The paper is partly concerned with adding evidence for this view, but its main, more challenging objective is to question the converse implication from optimization to rationality, which is accepted even by bounded rationality theorists. We discuss three topics in succession: (1) rationally defensible cyclical choices, (2) the revealed preference (...)
    Download  
     
    Export citation  
     
    Bookmark   13 citations  
  • A Universal Money Pump for the Myopic, Naive, and Minimally Sophisticated.Johan E. Gustafsson - forthcoming - Mind:fzae061.
    The money-pump argument aims to show that cyclic preferences are irrational. The argument can be based on a number of different exploitation schemes that vary in what needs to be assumed about the agent. The Standard Money Pump works for myopic and naive agents, but not for sophisticated agents who use backward induction. The Upfront Money Pump works for sophisticated agents, but not for myopic or naive agents. In this paper, I present a new money pump, the Universal Money Pump, (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • Coherence, First-Personal Deliberation, and Crossword Puzzles.Marc-Kevin Daoust - forthcoming - Philosophical Topics.
    What is the place of coherence, or structural rationality, in good first-personal deliberation? According to Kolodny (2005), considerations of coherence are irrelevant to good first-personal deliberation. When we deliberate, we should merely care about the reasons or evidence we have for our attitudes. So, considerations of coherence should not show up in deliberation. In response to this argument, Worsnip (2021) argues that considerations of coherence matter for how we structure deliberation. For him, we should treat incoherent combinations of attitudes as (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Embracing self‐defeat in normative theory.Samuel Fullhart - 2024 - Philosophy and Phenomenological Research 109 (1):204-225.
    Some normative theories are self-defeating. They tell us to respond to our situations in ways that bring about outcomes that are bad, given the aims of the theories, and which could have been avoided. Across a wide range of debates in ethics, decision theory, political philosophy, and formal epistemology, many philosophers treat the fact that a normative theory is self-defeating as sufficient grounds for rejecting it. I argue that this widespread and consequential assumption is false. In particular, I argue that (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Structural Rationality.Benjamin Kiesewetter & Alex Worsnip - 2023 - Stanford Encyclopedia of Philosophy.
    This entry is composed of three sections. In §1, we survey debates about what structural rationality is, including the emergence of the concept in the contemporary literature, its key characteristics, its relationship to substantive rationality, its paradigm instances, and the questions of whether these instances are unified and, if so, how. In §2, we turn to the debate about structural requirements of rationality – including controversies about whether they are “wide-scope” or “narrow-scope”, synchronic or diachronic, and whether they govern processes (...)
    Download  
     
    Export citation  
     
    Bookmark   2 citations  
  • The Argument from Small Improvement is a Red Herring.Thomas Raleigh - 2023 - Inquiry: An Interdisciplinary Journal of Philosophy.
    The much-discussed ‘Argument from Small Improvement’ has been advanced both as a reason to reject (tripartite) Completeness, one of the standard axioms of decision theory, and to accept the possibility of rationally incomparable choices. But this form of argument cannot be an effective basis for either of these conclusions, unless one already has some prior, independent reason to prefer Transitivity to Completeness as a constraint on rational preferences (or rational values). In particular, I show how a reverse argument from small (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • The voting paradox … with a single voter? Implications for transitivity in choice under risk.David Butler & Pavlo Blavatskyy - 2020 - Economics and Philosophy 36 (1):61-79.
    The voting paradox occurs when a democratic society seeking to aggregate individual preferences into asocialpreference reaches an intransitive ordering. However it is not widely known that the paradox may also manifest for anindividualaggregating over attributes of risky objects to form a preference over those objects. When this occurs, the relation ‘stochastically greater than’ is not always transitive and so transitivity need not hold between those objects. We discuss the impact of other decision paradoxes to address a series of philosophical and (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • Imperfection, Accuracy, and Structural Rationality.Marc-Kevin Daoust - 2024 - Erkenntnis 89 (3):1095-1116.
    Structural requirements of rationality prohibit various things, like having inconsistent combinations of attitudes, having means-end incoherent combinations of attitudes, and so on. But what is the distinctive feature of structural requirements of rationality? And do we fall under an obligation to be structurally rational? These issues have been at the heart of significant debates over the past fifteen years. Some philosophers have recently argued that we can unify the structural requirements of rationality by analyzing what is constitutive of our attitudes (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Credal imprecision and the value of evidence.Nilanjan Das - 2023 - Noûs 57 (3):684-721.
    This paper is about a tension between two theses. The first is Value of Evidence: roughly, the thesis that it is always rational for an agent to gather and use cost‐free evidence for making decisions. The second is Rationality of Imprecision: the thesis that an agent can be rationally required to adopt doxastic states that are imprecise, i.e., not representable by a single credence function. While others have noticed this tension, I offer a new diagnosis of it. I show that (...)
    Download  
     
    Export citation  
     
    Bookmark   2 citations  
  • Sources of transitivity.Daniel Muñoz - 2023 - Economics and Philosophy 39 (2):285-306.
    Why should ‘better than’ be transitive? The leading answer in ethics is that values do not change with context. But this cannot be the entire source of transitivity, I argue, since transitivity can fail even if values never change, so long as they are complex, with multiple dimensions combined non-additively. I conclude by exploring a new hypothesis: that all alleged cases of nontransitive betterness, such as Parfit’s Repugnant Conclusion, can and should be modelled as the result of complexity, not context-relativity.
    Download  
     
    Export citation  
     
    Bookmark   3 citations  
  • Rational Intransitive Preferences.Peter Baumann - 2022 - Politics, Philosophy and Economics 21 (1):3-28.
    According to a widely held view, rationality demands that the preferences of a person be transitive. The transitivity assumption is an axiom in standard theories of rational choice. It is also prima facie very plausible. I argue here that transitivity is not a necessary condition of rationality; it is a constraint only in some cases. The argument presented here is based on the non-linearity of differential utility functions. This paper has four parts. First, I present an argument against the transitivity (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • Structural Rationality and the Property of Coherence.Marc-Kevin Daoust - 2023 - Pacific Philosophical Quarterly 104 (1):170-194.
    What is structural rationality? Specifically, what is the distinctive feature of structural requirements of rationality? Some philosophers have argued, roughly, that the distinctive feature of structural requirements is coherence. But what does coherence mean, exactly? Or, at least, what do structuralists about rationality have in mind when they claim that structural rationality is coherence? This issue matters for making progress in various active debates concerning rationality. In this paper, I analyze three strategies for figuring out what coherence means in the (...)
    Download  
     
    Export citation  
     
    Bookmark   5 citations  
  • Non-Measurability, Imprecise Credences, and Imprecise Chances.Yoaav Isaacs, Alan Hájek & John Hawthorne - 2021 - Mind 131 (523):892-916.
    – We offer a new motivation for imprecise probabilities. We argue that there are propositions to which precise probability cannot be assigned, but to which imprecise probability can be assigned. In such cases the alternative to imprecise probability is not precise probability, but no probability at all. And an imprecise probability is substantially better than no probability at all. Our argument is based on the mathematical phenomenon of non-measurable sets. Non-measurable propositions cannot receive precise probabilities, but there is a natural (...)
    Download  
     
    Export citation  
     
    Bookmark   4 citations  
  • Transfinitely Transitive Value.Kacper Kowalczyk - 2021 - Philosophical Quarterly 72 (1):108-134.
    This paper develops transfinite extensions of transitivity and acyclicity in the context of population ethics. They are used to argue that it is better to add good lives, worse to add bad lives, and equally good to add neutral lives, where a life's value is understood as personal value. These conclusions rule out a number of theories of population ethics, feed into an argument for the repugnant conclusion, and allow us to reduce different-number comparisons to same-number ones. Challenges to these (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • 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 (...)
    Download  
     
    Export citation  
     
    Bookmark   16 citations  
  • Decision Theory.Johanna Thoma - 2019 - In Richard Pettigrew & Jonathan Weisberg (eds.), The Open Handbook of Formal Epistemology. PhilPapers Foundation. pp. 57-106.
    Download  
     
    Export citation  
     
    Bookmark   20 citations  
  • If There Are No Diachronic Norms of Rationality, Why Does It Seem Like There Are?Ryan Doody - 2019 - Res Philosophica 96 (2):141-173.
    I offer an explanation for why certain sequences of decisions strike us as irrational while others do not. I argue that we have a standing desire to tell flattering yet plausible narratives about ourselves, and that cases of diachronic behavior that strike us as irrational are those in which you had the opportunity to hide something unflattering and failed to do so.
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • On the Limits of the Precautionary Principle.H. Orri Stefansson - 2019 - Risk Analysis 39 (6):1204-1222.
    The Precautionary Principle (PP) is an influential principle of risk management. It has been widely introduced into environmental legislation, and it plays an important role in most international environmental agreements. Yet, there is little consensus on precisely how to understand and formulate the principle. In this paper I prove some impossibility results for two plausible formulations of the PP as a decision-rule. These results illustrate the difficulty in making the PP consistent with the acceptance of any trade-offs between catastrophic risks (...)
    Download  
     
    Export citation  
     
    Bookmark   3 citations  
  • Money Pumps, Synchronic and Diachronic.Yair Levy - 2014 - Journal of Ethics and Social Philosophy 8 (2):1-7.
    Download  
     
    Export citation  
     
    Bookmark  
  • Morality Under Risk.Chad Lee-Stronach - 2019 - Dissertation,
    Many argue that absolutist moral theories -- those that prohibit particular kinds of actions or trade-offs under all circumstances -- cannot adequately account for the permissibility of risky actions. In this dissertation, I defend various versions of absolutism against this critique, using overlooked resources from formal decision theory. Against the prevailing view, I argue that almost all absolutist moral theories can give systematic and plausible verdicts about what to do in risky cases. In doing so, I show that critics have (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • Pragmatic Considerations on Comparative Probability.Thomas F. Icard - 2016 - Philosophy of Science 83 (3):348-370.
    While pragmatic arguments for numerical probability axioms have received much attention, justifications for axioms of qualitative probability have been less discussed. We offer an argument for the requirement that an agent’s qualitative judgments be probabilistically representable, inspired by, but importantly different from, the Money Pump argument for transitivity of preference and Dutch book arguments for quantitative coherence. The argument is supported by a theorem, to the effect that a subject is systematically susceptible to dominance given her preferred acts, if and (...)
    Download  
     
    Export citation  
     
    Bookmark   7 citations  
  • Why Decision Theory Remains Constructively Incomplete.Luc Lauwers - 2016 - Mind 125 (500):1033-1043.
    The existence of a transitive, complete, and weakly independent relation on the full set of gambles implies the existence of a non-Ramsey set. Therefore, each transitive and weakly independent relation on the set of gambles either is incomplete or does not have an explicit description. Whatever tools decision theory makes available, there will always be decision problems where these tools fail us. In this sense, decision theory remains incomplete.
    Download  
     
    Export citation  
     
    Bookmark   7 citations  
  • Normative ecological rationality: normative rationality in the fast-and-frugal-heuristics research program.D. Wade Hands - 2014 - Journal of Economic Methodology 21 (4):396-410.
    The purpose of this paper is to examine the normative interpretation of the fast-and-frugal research program and in particular to contrast it with the normative reading of rational choice theory and behavioral economics. The ecological rationality of fast-and-frugal heuristics is admittedly a form of normative naturalism – it derives what agents “ought” to do from that which “is” ecologically rational – and the paper will examine how this differs from the normative rationality associated with rational choice theory. I will also (...)
    Download  
     
    Export citation  
     
    Bookmark   8 citations  
  • Safeguards of a Disunified Mind.Wlodek Rabinowicz - 2014 - Inquiry: An Interdisciplinary Journal of Philosophy 57 (3):356-383.
    The papers focuses on pragmatic arguments for various rationality constraints on a decision maker’s state of mind: on her beliefs or preferences. An argument of this kind typically targets constraint violations. It purports to show that a violator of a given constraint can be confronted with a decision problem in which she will act to her guaranteed disadvantage. Dramatically put, she can be exploited by a clever bookie who doesn’t know more than the agent herself. Examples of pragmatic arguments of (...)
    Download  
     
    Export citation  
     
    Bookmark   5 citations  
  • Options and Diachronic Tragedy.Brian Hedden - 2013 - Philosophy and Phenomenological Research 90 (2):423-451.
    Download  
     
    Export citation  
     
    Bookmark   42 citations  
  • Incommensurability and hardness.Chrisoula Andreou - 2024 - Philosophical Studies 181 (12):3253-3269.
    There is growing support for the view that there can be cases of incommensurability, understood as cases in which two alternatives, X and Y, are such that X is not better than Y, Y is not better than X, and X and Y are not equally good. This paper assumes that alternatives can be incommensurable and explores the prominent idea that, insofar as choice situations that agents face qua rational agents involve options that are not rankable as one better than (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Preferences, Proxies, and Rationality.Chrisoula Andreou - forthcoming - Erkenntnis:1-11.
    This paper uses the idea of a proxy, which figures in discussions of bounded rationality, to construct an argument for a revisionary conclusion about ideal instrumental rationality. I consider how subjective responses can figure as proxies in heuristics and develop the following argument: (1) Proxies, even if relatively easy to recognize, can sometimes be messy, prompting incomplete or cyclic preferences. (2) From the point of view of ideal instrumental rationality, it is permissible for an agent to be concerned with a (...)
    Download  
     
    Export citation  
     
    Bookmark  
  • A risky challenge for intransitive preferences.Timothy Luke Williamson - forthcoming - Noûs.
    Philosophers have spent a great deal of time debating whether intransitive preferences can be rational. I present a risky decision that poses a challenge for the defender of intransitivity. The defender of intransitivity faces a trilemma and must either: (i) reject the rationality of intransitive preferences, (ii) deny State-wise Dominance, or (iii) accept the bizarre verdict that you can be required to pay to relabel the tickets of a fair lottery. If we take the first horn, then we have a (...)
    Download  
     
    Export citation  
     
    Bookmark   2 citations  
  • Two Myths of Representational Measurement.Eran Tal - 2021 - Perspectives on Science 29 (6):701-741.
    Axiomatic measurement theories are commonly interpreted as claiming that, in order to quantify an empirical domain, the qualitative structure of data about that domain must be mapped to a numerical structure. Such mapping is supposed to be established independently, i.e., without presupposing that the domain can be quantified. This interpretation is based on two myths: that it is possible to independently infer the qualitative structure of objects from empirical data, and that the adequacy of numerical representations can only be justified (...)
    Download  
     
    Export citation  
     
    Bookmark   4 citations  
  • The normative decision theory in economics: a philosophy of science perspective. The case of the expected utility theory.Magdalena Małecka - 2019 - Journal of Economic Methodology 27 (1):36-50.
    This article analyses how normative decision theory is understood by economists. The paradigmatic example of normative decision theory, discussed in the article, is the expected utility theory. It...
    Download  
     
    Export citation  
     
    Bookmark   5 citations  
  • Exploiting Cyclic Preference.Arif Ahmed - 2017 - Mind 126 (504):975-1022.
    Probably many people have cyclic preferences: they prefer A to B, B to C and C to A for some objects of choice A, B and C. Recent work has resurrected the objection to cyclic preference that agents possessing them are open to exploitation by means of ‘money pumps’. The paper briefly reviews this work and proposes a general approach to problems of sequential choice that makes cyclic preference immune to exploitation by means of these new mechanisms.
    Download  
     
    Export citation  
     
    Bookmark   9 citations  
  • Cashing out the money-pump argument.Chrisoula Andreou - 2016 - Philosophical Studies (6):1-5.
    The money-pump argument figures as the staple argument in support of the view that cyclic preferences are irrational. According to a prominent way of understanding the argument, it is grounded in the assumption that it is irrational to make choices that lead one to a dispreferred alternative. My aim in this paper is to motivate diffidence with respect to understanding the money-pump argument in this way by suggesting that if it is so understood, the argument emerges as question-begging and as (...)
    Download  
     
    Export citation  
     
    Bookmark   2 citations  
  • The Impotence of the Value Pump.John Halstead - 2015 - Utilitas 27 (2):195-216.
    Many philosophers have argued that agents must be irrational to lose out in a or . A number of different conclusions have been drawn from this claim. The has been one of the main arguments offered for the axioms of expected utility theory; it has been used to show that options cannot be incomparable or on a par; and it has been used to show that our past choices have normative significance for our subsequent choices. In this article, I argue (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Temptation and Deliberation.Chrisoula Andreou - 2006 - Philosophical Studies 131 (3):583-606.
    There is a great deal of plausibility to the standard view that if one is rational and it is clear at the time of action that a certain move, say M1, would serve one’s concerns better than any other available move, then one will, as a rational agent, opt for move M1. Still, this view concerning rationality has been challenged at least in part because it seems to conflict with our considered judgments about what it is rational to do in (...)
    Download  
     
    Export citation  
     
    Bookmark   8 citations  
  • Pragmatic Rationality and Rules.Edward F. Mcclennen - 1997 - Philosophy and Public Affairs 26 (3):210-258.
    Download  
     
    Export citation  
     
    Bookmark   30 citations  
  • Money Pumps, Diachronic and Synchronic.Yair Levy - 2014 - Journal of Ethics and Social Philosophy:XX.
    The Money Pump argument is designed to demonstrate the irrational flaw of having cyclic preferences, by showing how the irrational agent is vulnerable to exploitation. The argument faces some longstanding objections, which point out how one may avoid the threat of exploitation without resolving the associated irrationality. Recently a new, synchronic version of Money Pump has been put forward which promises to undercut those standard objections. However, I argue that the synchronic Money Pump cannot deliver on its promise: parallel objections (...)
    Download  
     
    Export citation  
     
    Bookmark   1 citation  
  • Doing the best one can: a new justification for the use of lotteries.Ittay Nissan-Rozen - 2012 - Erasmus Journal for Philosophy and Economics 5 (1):45-72.
    : In some cases in which rational and moral agents experience moral uncertainty, they are unable to assign exact degrees of moral value—in a non-arbitrary way—to some of the different acts available to them, and so are unable to choose with certainty the best act. This article presents a new justification for the use of lotteries in this kind of situation. It is argued that sometimes the only rational thing for a morally motivated agent to do here is to use (...)
    Download  
     
    Export citation  
     
    Bookmark   9 citations  
  • Against Equality and Priority.Michael Huemer - 2012 - Utilitas 24 (4):483-501.
    -/- I start from three premises, roughly as follows: (1) that if possible world x is better than world y for every individual who exists in either world, then x is better than y; (2) that if x has a higher average utility, a higher total utility, and no more inequality than y, then x is better than y; (3) that better than is transitive. From these premises, it follows that benefits given to the worse off contribute no more to (...)
    Download  
     
    Export citation  
     
    Bookmark   4 citations