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Dutch Book Arguments

In Paul Anand, Prasanta Pattanaik & Clemens Puppe (eds.), The Oxford Handbook of Rational and Social Choice. Oxford University Press (2008)

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  1. Stakes and beliefs.Brad Armendt - 2010 - Philosophical Studies 147 (1):71 - 87.
    The idea that beliefs may be stake-sensitive is explored. This is the idea that the strength with which a single, persistent belief is held may vary and depend upon what the believer takes to be at stake. The stakes in question are tied to the truth of the belief—not, as in Pascal’s wager and other cases, to the belief’s presence. Categorical beliefs and degrees of belief are considered; both kinds of account typically exclude the idea and treat belief as stake-invariant (...)
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  • Infinite frequency principles of direct inference.Lennart B. Ackermans - 2022 - Synthese 200 (2).
    According to an infinite frequency principle, it is rational, under certain conditions, to set your credence in an outcome to the limiting frequency of that outcome if the experiment were repeated indefinitely. I argue that most infinite frequency principles are undesirable in at least one of the following ways: accepting the principle would lead you to accept bets with sure losses, the principle gives no guidance in the case of deterministic experiments like coin tosses and the principle relies on a (...)
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  • Subjunctive Credences and Semantic Humility.Sarah Moss - 2012 - Philosophy and Phenomenological Research 87 (2):251-278.
    This paper argues that several leading theories of subjunctive conditionals are incompatible with ordinary intuitions about what credences we ought to have in subjunctive conditionals. In short, our theory of subjunctives should intuitively display semantic humility, i.e. our semantic theory should deliver the truth conditions of sentences without pronouncing on whether those conditions actually obtain. In addition to describing intuitions about subjunctive conditionals, I argue that we can derive these ordinary intuitions from justified premises, and I answer a possible worry (...)
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  • No Being Sure of Myself.Derek Lam - manuscript
    It’s intuitive to think that an intentional action requires that the agent knows that she’s doing so. In light of some apparent counterexamples, Setiya suggests that this intuitive insight is better captured in terms of credence: performing an intentional action requires the agent to have a higher credence that she’s doing so than she would have otherwise. I argue that there is no such thing as an agent’s credence for what she’s doing. After distinguishing this thesis from an idea some (...)
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  • Probability and nonclassical logic.Robert Williams - 2016 - In Alan Hájek & Christopher Hitchcock (eds.), The Oxford Handbook of Probability and Philosophy. Oxford: Oxford University Press.
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  • 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 (...)
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  • Expressivism, Normative Uncertainty, and Arguments for Probabilism.Julia Staffel - 2019 - Oxford Studies in Epistemology 6.
    I argue that in order to account for normative uncertainty, an expressivist theory of normative language and thought must accomplish two things: Firstly, it needs to find room in its framework for a gradable conative attitude, degrees of which can be interpreted as representing normative uncertainty. Secondly, it needs to defend appropriate rationality constraints pertaining to those graded attitudes. The first task – finding an appropriate graded attitude that can represent uncertainty – is not particularly problematic. I tackle the second (...)
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  • Rationalist Resistance to Disagreement-Motivated Religious Skepticism.John Pittard - 2021 - In Matthew A. Benton & Jonathan L. Kvanvig (eds.), Religious Disagreement and Pluralism. Oxford: Oxford University Press. pp. 180-216.
    Many epistemologists argue that responses to disagreement should exhibit a certain kind of epistemic impartiality. “Strong conciliationists” claim that we ought to give equal weight to the views of those who, judged from a dispute-neutral perspective, appear to be our “epistemic peers” with respect to some disputed matter. Using a Bayesian framework, Chapter 8 considers whether there is a plausible epistemic impartiality principle that would require us to give up confident religious (or irreligious) belief in favor of religious skepticism. It (...)
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  • The material theory of induction.John D. Norton - 2021 - Calgary, Alberta, Canada: University of Calgary Press.
    The inaugural title in the new, Open Access series BSPS Open, The Material Theory of Induction will initiate a new tradition in the analysis of inductive inference. The fundamental burden of a theory of inductive inference is to determine which are the good inductive inferences or relations of inductive support and why it is that they are so. The traditional approach is modeled on that taken in accounts of deductive inference. It seeks universally applicable schemas or rules or a single (...)
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  • Dutch Book against Lewis.Anna Wójtowicz & Krzysztof Wójtowicz - 2021 - Synthese 199 (3-4):9185-9217.
    According to the PCCP thesis, the probability of a conditional A → C is the conditional probability P. This claim is undermined by Lewis’ triviality results, which purport to show that apart from trivial cases, PCCP is not true. In the present article we show that the only rational, “Dutch Book-resistant” extension of the agent’s beliefs concerning non-conditional sentences A and C to the conditional A → C is by assuming that P = P. In other cases a diachronic Dutch (...)
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  • Two Forms of Inconsistency in Quantum Foundations.Jer Steeger & Nicholas Teh - 2021 - British Journal for the Philosophy of Science 72 (4):1083-1110.
    Recently, there has been some discussion of how Dutch Book arguments might be used to demonstrate the rational incoherence of certain hidden variable models of quantum theory. In this paper, we argue that the 'form of inconsistency' underlying this alleged irrationality is deeply and comprehensively related to the more familiar 'inconsistency' phenomenon of contextuality. Our main result is that the hierarchy of contextuality due to Abramsky and Brandenburger corresponds to a hierarchy of additivity/convexity-violations which yields formal Dutch Books of different (...)
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  • Should I pretend I'm perfect?Julia Staffel - 2017 - Res Philosophica 94 (2):301-324.
    Ideal agents are role models whose perfection in some normative domain we try to approximate. But which form should this striving take? It is well known that following ideal rules of practical reasoning can have disastrous results for non-ideal agents. Yet, this issue has not been explored with respect to rules of theoretical reasoning. I show how we can extend Bayesian models of ideally rational agents in order to pose and answer the question of whether non-ideal agents should form new (...)
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  • Measuring the overall incoherence of credence functions.Julia Staffel - 2015 - Synthese 192 (5):1467-1493.
    Many philosophers hold that the probability axioms constitute norms of rationality governing degrees of belief. This view, known as subjective Bayesianism, has been widely criticized for being too idealized. It is claimed that the norms on degrees of belief postulated by subjective Bayesianism cannot be followed by human agents, and hence have no normative force for beings like us. This problem is especially pressing since the standard framework of subjective Bayesianism only allows us to distinguish between two kinds of credence (...)
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  • How do Beliefs Simplify Reasoning?Julia Staffel - 2019 - Noûs 53 (4):937-962.
    According to an increasingly popular epistemological view, people need outright beliefs in addition to credences to simplify their reasoning. Outright beliefs simplify reasoning by allowing thinkers to ignore small error probabilities. What is outright believed can change between contexts. It has been claimed that thinkers manage shifts in their outright beliefs and credences across contexts by an updating procedure resembling conditionalization, which I call pseudo-conditionalization (PC). But conditionalization is notoriously complicated. The claim that thinkers manage their beliefs via PC is (...)
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  • Total Pragmatic Encroachment and Epistemic Permissiveness.Katherine Rubin - 2015 - Pacific Philosophical Quarterly 96 (1):12-38.
    This article explores the relationship between pragmatic encroachment and epistemic permissiveness. If the suggestion that all epistemic notions are interest-relative is viable , then it seems that a certain species of epistemic permissivism must be viable as well. For, if all epistemic notions are interest relative then, sometimes, parties in paradigmatic cases of shared evidence can be maximally rational in forming competing basic doxastic attitudes towards the same proposition. However, I argue that this total pragmatic encroachment is not tenable, and, (...)
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  • How can representationalism accommodate degrees of belief? A dispositional representationalist proposal.Darrell P. Rowbottom - 2021 - Synthese 199 (3-4):8943-8964.
    This paper argues that representationalism of a Fodorian variety can accommodate the fact that beliefs come in degrees. First, it responds to two key arguments to the contrary. Second, it builds upon these responses and outlines a novel representationalist theory of degrees of beliefs. I call this theory dispositional representationalism, as it involves direct appeal to our dispositions to form representations and propositional attitudes concerning them.
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  • Hybrid Vigor.Patricia Rich - 2018 - Erasmus Journal for Philosophy and Economics 11 (1):1-30.
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  • On the proper formulation of conditionalization.Michael Rescorla - 2021 - Synthese 198 (3):1935-1965.
    Conditionalization is a norm that governs the rational reallocation of credence. I distinguish between factive and non-factive formulations of Conditionalization. Factive formulations assume that the conditioning proposition is true. Non-factive formulations allow that the conditioning proposition may be false. I argue that non-factive formulations provide a better foundation for philosophical and scientific applications of Bayesian decision theory. I furthermore argue that previous formulations of Conditionalization, factive and non-factive alike, have almost universally ignored, downplayed, or mishandled a crucial causal aspect of (...)
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  • A Dutch Book Theorem and Converse Dutch Book Theorem for Kolmogorov Conditionalization.Michael Rescorla - unknown
    This paper discusses how to update one’s credences based on evidence that has initial probability 0. I advance a diachronic norm, Kolmogorov Conditionalization, that governs credal reallocation in many such learning scenarios. The norm is based upon Kolmogorov’s theory of conditional probability. I prove a Dutch book theorem and converse Dutch book theorem for Kolmogorov Conditionalization. The two theorems establish Kolmogorov Conditionalization as the unique credal reallocation rule that avoids a sure loss in the relevant learning scenarios.
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  • An Improved Dutch Book Theorem for Conditionalization.Michael Rescorla - 2022 - Erkenntnis 87 (3):1013-1041.
    Lewis proved a Dutch book theorem for Conditionalization. The theorem shows that an agent who follows any credal update rule other than Conditionalization is vulnerable to bets that inflict a sure loss. Lewis’s theorem is tailored to factive formulations of Conditionalization, i.e. formulations on which the conditioning proposition is true. Yet many scientific and philosophical applications of Bayesian decision theory require a non-factive formulation, i.e. a formulation on which the conditioning proposition may be false. I prove a Dutch book theorem (...)
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  • Fundamental disagreements and the limits of instrumentalism.John Pittard - 2019 - Synthese 196 (12):5009-5038.
    I argue that the skeptical force of a disagreement is mitigated to the extent that it is fundamental, where a fundamental disagreement is one that is driven by differences in epistemic starting points. My argument has three steps. First, I argue that proponents of conciliatory policies have good reason to affirm a view that I call “instrumentalism,” a view that commends treating our doxastic inclinations like instrumental readouts. Second, I show that instrumentalism supplies a basis for demanding conciliatory requirements in (...)
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  • Logical ignorance and logical learning.Richard Pettigrew - 2021 - Synthese 198 (10):9991-10020.
    According to certain normative theories in epistemology, rationality requires us to be logically omniscient. Yet this prescription clashes with our ordinary judgments of rationality. How should we resolve this tension? In this paper, I focus particularly on the logical omniscience requirement in Bayesian epistemology. Building on a key insight by Hacking :311–325, 1967), I develop a version of Bayesianism that permits logical ignorance. This includes: an account of the synchronic norms that govern a logically ignorant individual at any given time; (...)
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  • Updating as Communication.Sarah Moss - 2012 - Philosophy and Phenomenological Research 85 (2):225-248.
    Traditional procedures for rational updating fail when it comes to self-locating opinions, such as your credences about where you are and what time it is. This paper develops an updating procedure for rational agents with self-locating beliefs. In short, I argue that rational updating can be factored into two steps. The first step uses information you recall from your previous self to form a hypothetical credence distribution, and the second step changes this hypothetical distribution to reflect information you have genuinely (...)
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  • Extracting Money from Causal Decision Theorists.Caspar Oesterheld & Vincent Conitzer - 2021 - Philosophical Quarterly 71 (4):pqaa086.
    Newcomb’s problem has spawned a debate about which variant of expected utility maximisation should guide rational choice. In this paper, we provide a new argument against what is probably the most popular variant: causal decision theory. In particular, we provide two scenarios in which CDT voluntarily loses money. In the first, an agent faces a single choice and following CDT’s recommendation yields a loss of money in expectation. The second scenario extends the first to a diachronic Dutch book against CDT.
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  • Credal Dilemmas.Sarah Moss - 2014 - Noûs 48 (3):665-683.
    Recently many have argued that agents must sometimes have credences that are imprecise, represented by a set of probability measures. But opponents claim that fans of imprecise credences cannot provide a decision theory that protects agents who follow it from foregoing sure money. In particular, agents with imprecise credences appear doomed to act irrationally in diachronic cases, where they are called to make decisions at earlier and later times. I respond to this claim on behalf of imprecise credence fans. Once (...)
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  • Kolmogorov Conditionalizers Can Be Dutch Booked.Alexander Meehan & Snow Zhang - forthcoming - Review of Symbolic Logic:1-36.
    A vexing question in Bayesian epistemology is how an agent should update on evidence which she assigned zero prior credence. Some theorists have suggested that, in such cases, the agent should update by Kolmogorov conditionalization, a norm based on Kolmogorov’s theory of regular conditional distributions. However, it turns out that in some situations, a Kolmogorov conditionalizer will plan to always assign a posterior credence of zero to the evidence she learns. Intuitively, such a plan is irrational and easily Dutch bookable. (...)
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  • XIII—Dutch Book and Accuracy Theorems.Anna Mahtani - 2021 - Proceedings of the Aristotelian Society 120 (3):309-327.
    Dutch book and accuracy arguments are used to justify certain rationality constraints on credence functions. Underlying these Dutch book and accuracy arguments are associated theorems, and I show that the interpretation of these theorems can vary along a range of dimensions. Given that the theorems can be interpreted in a variety of different ways, what is the status of the associated arguments? I consider three possibilities: we could aggregate the results of the differently interpreted theorems in some way, and motivate (...)
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  • A Dutch Book Theorem for Quantificational Credences.Benjamin Lennertz - 2017 - Ergo: An Open Access Journal of Philosophy 4.
    In this paper, I present an argument for a rational norm involving a kind of credal attitude called a quantificational credence – the kind of attitude we can report by saying that Lucy thinks that each record in Schroeder’s collection is 5% likely to be scratched. I prove a result called a Dutch Book Theorem, which constitutes conditional support for the norm. Though Dutch Book Theorems exist for norms on ordinary and conditional credences, there is controversy about the epistemic significance (...)
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  • A Structural Justification of Probabilism: From Partition Invariance to Subjective Probability.Hannes Leitgeb - 2021 - Philosophy of Science 88 (2):341-365.
    A new justification of probabilism is developed that pays close attention to the structure of the underlying space of possibilities. Its central assumption is that rational numerical degrees of bel...
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  • Dutch Book Argument in favor of Probabilism?Ondřej Kormaník - 2015 - Pro-Fil 16 (1):62.
    Cílem této práce je rozebrat možnosti argumentu holandské sázky ve prospěch probabilismu a stanovit jeho meze. Existuje mnoho podob argumentu, proto se nejprve budu věnovat popisu argumentu v jeho klasické podobě. Následně je podroben kritice ve třech oblastech: (1) problémy behaviorismu, (2) užitku peněz, (3) vztah koherence, jisté ztráty a racionality. Zásadní je dle mého především třetí oblast týkající se neschopnosti jednoduše propojit probabilistickou nekoherenci stupňů přesvědčení s jistou ztrátou a pragmatickou racionalitou. Věnuji se třem současným reinterpretacím argumentu ve prospěch (...)
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  • A Dutch book for CDT thirders.Theodore Korzukhin - 2020 - Synthese 198 (12):11925-11941.
    I give a Dutch book argument for CDT thirders in the context of a generalized Sleeping Beauty scenario. In combination with the Briggs (2010) Dutch book for EDT thirders, this amounts to a purely decision-theoretic argument for halfing in Sleeping Beauty. In combination with the Hitchcock (2004) Dutch book for CDT halfers, this amounts to a Dutch book argument against CDT. The combined Dutch book against CDT invites a plausible diagnosis of the reasons for CDT’s failure: CDT is incompatible with (...)
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  • The influence of financial practice in developing mathematical probability: Submitted for a special edition of Synthese, “Enabling mathematical cultures”.Timothy Johnson - 2020 - Synthese 198 (Suppl 26):6291-6331.
    The purpose of this paper is to discuss the role of financial practice in the development of mathematics as applied in human judgement. The basis of the paper is in historical research from the 1990s that argues that the monetisation of western commerce, which abstracted value into quantified price, was synthesised with scholastic analysis resulting in a “mathematical mechanistic world picture” that led to the widespread use of mathematics in science from the seventeenth century. An aspect of this process was (...)
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  • 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 (...)
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  • Incoherence without Exploitability.Brian Hedden - 2011 - Noûs 47 (3):482-495.
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  • The Bayesian boom: good thing or bad?Ulrike Hahn - 2014 - Frontiers in Psychology 5.
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  • A normative framework for argument quality: argumentation schemes with a Bayesian foundation.Ulrike Hahn & Jos Hornikx - 2016 - Synthese 193 (6):1833-1873.
    In this paper, it is argued that the most fruitful approach to developing normative models of argument quality is one that combines the argumentation scheme approach with Bayesian argumentation. Three sample argumentation schemes from the literature are discussed: the argument from sign, the argument from expert opinion, and the appeal to popular opinion. Limitations of the scheme-based treatment of these argument forms are identified and it is shown how a Bayesian perspective may help to overcome these. At the same time, (...)
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  • A probabilistic analysis of argument cogency.David Godden & Frank Zenker - 2018 - Synthese 195 (4):1715-1740.
    This paper offers a probabilistic treatment of the conditions for argument cogency as endorsed in informal logic: acceptability, relevance, and sufficiency. Treating a natural language argument as a reason-claim-complex, our analysis identifies content features of defeasible argument on which the RSA conditions depend, namely: change in the commitment to the reason, the reason’s sensitivity and selectivity to the claim, one’s prior commitment to the claim, and the contextually determined thresholds of acceptability for reasons and for claims. Results contrast with, and (...)
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  • Rationality of belief or: why savage’s axioms are neither necessary nor sufficient for rationality. [REVIEW]Itzhak Gilboa, Andrew Postlewaite & David Schmeidler - 2012 - Synthese 187 (1):11-31.
    Economic theory reduces the concept of rationality to internal consistency. As far as beliefs are concerned, rationality is equated with having a prior belief over a “Grand State Space”, describing all possible sources of uncertainties. We argue that this notion is too weak in some senses and too strong in others. It is too weak because it does not distinguish between rational and irrational beliefs. Relatedly, the Bayesian approach, when applied to the Grand State Space, is inherently incapable of describing (...)
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  • Rationality of belief or: why savage’s axioms are neither necessary nor sufficient for rationality.Itzhak Gilboa, Andrew Postlewaite & David Schmeidler - 2012 - Synthese 187 (1):11-31.
    Economic theory reduces the concept of rationality to internal consistency. As far as beliefs are concerned, rationality is equated with having a prior belief over a “Grand State Space”, describing all possible sources of uncertainties. We argue that this notion is too weak in some senses and too strong in others. It is too weak because it does not distinguish between rational and irrational beliefs. Relatedly, the Bayesian approach, when applied to the Grand State Space, is inherently incapable of describing (...)
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  • Diachronic Dutch Books and Evidential Import.J. Dmitri Gallow - 2019 - Philosophy and Phenomenological Research 99 (1):49-80.
    A handful of well-known arguments (the 'diachronic Dutch book arguments') rely upon theorems establishing that, in certain circumstances, you are immune from sure monetary loss (you are not 'diachronically Dutch bookable') if and only if you adopt the strategy of conditionalizing (or Jeffrey conditionalizing) on whatever evidence you happen to receive. These theorems require non-trivial assumptions about which evidence you might acquire---in the case of conditionalization, the assumption is that, if you might learn that e, then it is not the (...)
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  • On Imprecise Bayesianism in the Face of an Increasingly Larger Outcome Space.Marc Fischer - 2022 - Journal for General Philosophy of Science / Zeitschrift für Allgemeine Wissenschaftstheorie 53 (4):367-379.
    Wilcox proposed an argument against imprecise probabilities and for the principle of indifference based on a thought experiment where he argues that it is very intuitive to feel that one’s confidence in drawing a ball of a given colour out of an unknown urn should decrease while the number of potential colours in the urn increases. In my response to him, I argue that one’s intuitions may be unreliable because it is very hard to truly feel completely ignorant in such (...)
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  • The interference problem for the betting interpretation of degrees of belief.Lina Eriksson & Wlodek Rabinowicz - 2013 - Synthese 190 (5):809-830.
    The paper’s target is the historically influential betting interpretation of subjective probabilities due to Ramsey and de Finetti. While there are several classical and well-known objections to this interpretation, the paper focuses on just one fundamental problem: There is a sense in which degrees of belief cannot be interpreted as betting rates. The reasons differ in different cases, but there’s one crucial feature that all these cases have in common: The agent’s degree of belief in a proposition A does not (...)
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  • 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 (...)
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  • Normative theories of argumentation: are some norms better than others?Adam Corner & Ulrike Hahn - 2013 - Synthese 190 (16):3579-3610.
    Norms—that is, specifications of what we ought to do—play a critical role in the study of informal argumentation, as they do in studies of judgment, decision-making and reasoning more generally. Specifically, they guide a recurring theme: are people rational? Though rules and standards have been central to the study of reasoning, and behavior more generally, there has been little discussion within psychology about why (or indeed if) they should be considered normative despite the considerable philosophical literature that bears on this (...)
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  • Being Realist about Bayes, and the Predictive Processing Theory of Mind.Matteo Colombo, Lee Elkin & Stephan Hartmann - 2021 - British Journal for the Philosophy of Science 72 (1):185-220.
    Some naturalistic philosophers of mind subscribing to the predictive processing theory of mind have adopted a realist attitude towards the results of Bayesian cognitive science. In this paper, we argue that this realist attitude is unwarranted. The Bayesian research program in cognitive science does not possess special epistemic virtues over alternative approaches for explaining mental phenomena involving uncertainty. In particular, the Bayesian approach is not simpler, more unifying, or more rational than alternatives. It is also contentious that the Bayesian approach (...)
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  • Modus Ponens and the Logic of Decision.Nate Charlow - 2023 - Journal of Philosophical Logic 52 (3):859-888.
    If modus ponens is valid, then you should take up smoking.
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  • Grading Modal Judgement.Nate Charlow - 2020 - Mind 129 (515):769-807.
    This paper proposes a new model of graded modal judgment. It begins by problematizing the phenomenon: given plausible constraints on the logic of epistemic modality, it is impossible to model graded attitudes toward modal claims as judgments of probability targeting epistemically modal propositions. This paper considers two alternative models, on which modal operators are non-proposition-forming: (1) Moss (2015), in which graded attitudes toward modal claims are represented as judgments of probability targeting a “proxy” proposition, belief in which would underwrite belief (...)
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  • Belief without credence.J. Adam Carter, Benjamin W. Jarvis & Katherine Rubin - 2016 - Synthese 193 (8):2323-2351.
    One of the deepest ideological divides in contemporary epistemology concerns the relative importance of belief versus credence. A prominent consideration in favor of credence-based epistemology is the ease with which it appears to account for rational action. In contrast, cases with risky payoff structures threaten to break the link between rational belief and rational action. This threat poses a challenge to traditional epistemology, which maintains the theoretical prominence of belief. The core problem, we suggest, is that belief may not be (...)
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  • Rational Probabilistic Incoherence.Michael Caie - 2013 - Philosophical Review 122 (4):527-575.
    Probabilism is the view that a rational agent's credences should always be probabilistically coherent. It has been argued that Probabilism follows, given the assumption that an epistemically rational agent ought to try to have credences that represent the world as accurately as possible. The key claim in this argument is that the goal of representing the world as accurately as possible is best served by having credences that are probabilistically coherent. This essay shows that this claim is false. In certain (...)
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  • On de Finetti’s instrumentalist philosophy of probability.Joseph Berkovitz - 2019 - European Journal for Philosophy of Science 9 (2):25.
    De Finetti is one of the founding fathers of the subjective school of probability. He held that probabilities are subjective, coherent degrees of expectation, and he argued that none of the objective interpretations of probability make sense. While his theory has been influential in science and philosophy, it has encountered various objections. I argue that these objections overlook central aspects of de Finetti’s philosophy of probability and are largely unfounded. I propose a new interpretation of de Finetti’s theory that highlights (...)
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