It would be good to have a Bayesian decision theory that assesses our decisions and thinking according to everyday standards of rationality — standards that do not require logical omniscience (Garber 1983, Hacking 1967). To that end we develop a “fragmented” decision theory in which a single state of mind is represented by a family of credence functions, each associated with a distinct choice condition (Lewis 1982, Stalnaker 1984). The theory imposes a local coherence assumption guaranteeing that as an agent's (...) attention shifts, successive batches of "obvious" logical information become available to her. A rule of expected utility maximization can then be applied to the decision of what to attend to next during a train of thought. On the resulting theory, rationality requires ordinary agents to be logically competent and to often engage in trains of thought that increase the unification of their states of mind. But rationality does not require ordinary agents to be logically omniscient. (shrink)

The idea that knowledge is conceptually related to practical reasoning is becoming increasingly popular. In defending this idea, philosophers have been relying on a conception of practical reasoning that drastically deviates from one which has been more traditionally advocated in analytic philosophy and which assigns no special role to knowledge. This paper argues that these philosophers have failed to give good reasons for thinking that the conception of practical reasoning they have been assuming is the right one, and that hence (...) they have been rash to conclude that there is a conceptual relation between knowledge and practical reasoning. (shrink)

The idea that knowledge is conceptually related to practical reasoning is becoming increasingly popular. In defending this idea, philosophers have been relying on a conception of practical reasoning that drastically deviates from one which has been more traditionally advocated in analytic philosophy and which assigns no special role to knowledge. This paper argues that these philosophers have failed to give good reasons for thinking that the conception of practical reasoning they have been assuming is the right one, and that hence (...) they have been rash to conclude that there is a conceptual relation between knowledge and practical reasoning. (shrink)