How do agents with limited cognitive capacities flourish in informationally impoverished or unexpected circumstances? Aristotle argued that human flourishing emerged from knowing about the world and our place within it. If he is right, then the virtuous processes that produce knowledge, best explain flourishing. Influenced by Aristotle, virtue epistemology defends an analysis of knowledge where beliefs are evaluated for their truth and the intellectual virtue or competences relied on in their creation. However, human flourishing may emerge from how degrees of (...) ignorance are managed in an uncertain world. Perhaps decision-making in the shadow of knowledge best explains human wellbeing—a Bayesian approach? In this dissertation I argue that a hybrid of virtue and Bayesian epistemologies explains human flourishing—what I term homeostatic epistemology. Homeostatic epistemology supposes that an agent has a rational credence p when p is the product of reliable processes aligned with the norms of probability theory; whereas an agent knows that p when a rational credence p is the product of reliable processes such that: 1) p meets some relevant threshold for belief, 2) p coheres with a satisficing set of relevant beliefs and, 3) the relevant set of beliefs is coordinated appropriately to meet the integrated aims of the agent. Homeostatic epistemology recognizes that justificatory relationships between beliefs are constantly changing to combat uncertainties and to take advantage of predictable circumstances. Contrary to holism, justification is built up and broken down across limited sets like the anabolic and catabolic processes that maintain homeostasis in the cells, organs and systems of the body. It is the coordination of choristic sets of reliably produced beliefs that create the greatest flourishing given the limitations inherent in the situated agent. (shrink)

We explore the question of whether cost-free uncertain evidence is worth waiting for in advance of making a decision. A classical result in Bayesian decision theory, known as the value of evidence theorem, says that, under certain conditions, when you update your credences by conditionalizing on some cost-free and certain evidence, the subjective expected utility of obtaining this evidence is never less than the subjective expected utility of not obtaining it. We extend this result to a type of update method, (...) a variant of Judea Pearl’s virtual conditionalization, where uncertain evidence is represented as a set of likelihood ratios. Moreover, we argue that focusing on this method rather than on the widely accepted Jeffrey conditionalization enables us to show that, under a fairly plausible assumption, gathering uncertain evidence not only maximizes expected pragmatic utility, but also minimizes expected epistemic disutility. (shrink)

I argue that Bayesians need two distinct notions of probability. We need the usual degree-of-belief notion that is central to the Bayesian account of rational decision. But Bayesians also need a separate notion of probability that represents the degree to which evidence supports hypotheses. Although degree-of-belief is well suited to the theory of rational decision, Bayesians have tried to apply it to the realm of hypothesis confirmation as well. This double duty leads to the problem of old evidence, a problem (...) that, we will see, is much more extensive than usually recognized. I will argue that degree-of-support is distinct from degree-of-belief, that it is not just a kind of counterfactual degree-of-belief, and that it supplements degree-of-belief in a way that resolves the problems of old evidence and provides a richer account of the logic of scientific inference and belief. (shrink)

The phenomenon of mutual support presents a specific challenge to the foundationalist epistemologist: Is it possible to model mutual support accurately without using circles of evidential support? We argue that the appearance of loops of support arises from a failure to distinguish different synchronic lines of evidential force. The ban on loops should be clarified to exclude loops within any such line, and basing should be understood as taking place within lines of evidence. Uncertain propositions involved in mutual support relations (...) are conduits to each other of independent evidence originating ultimately in the foundations. We examine several putative examples of benign loops of support and show that, given the distinctions noted, they can be accurately modeled in a foundationalist fashion. We define an evidential "tangle," a relation among three propositions that appears to require a loop for modeling, and prove that all such tangles are trivial in a sense that precludes modeling them with an evidential circle. (shrink)

Richard Jeffrey’s “Conditioning, Kinematics, and Exchangeability” is one of the foundational documents of probability kinematics. However, the section entitled “Successive Updating” contains a subtle error regarding the applicability of updating by so-called relevance quotients in order to ensure the commutativity of successive probability kinematical revisions. Upon becoming aware of this error, Jeffrey formulated the appropriate remedy, but he never discussed the issue in print. To head off any confusion, it seems worthwhile to alert readers of Jeffrey’s “Conditioning, Kinematics, and Exchangeability” (...) to the aforementioned error and to document his remedy, placing it in the context of both earlier and subsequent work on commuting probability kinematical revisions.1. (shrink)

Jonathan Weisberg has argued that Jeffrey Conditioning is inherently “anti-holistic” By this he means, inter alia, that JC does not allow us to take proper account of after-the-fact defeaters for our beliefs. His central example concerns the discovery that the lighting in a room is red-tinted and the relationship of that discovery to the belief that a jelly bean in the room is red. Weisberg’s argument that the rigidity required for JC blocks the defeating role of the red-tinted light rests (...) on the strong assumption that all posteriors within the distribution in this example are rigid on a partition over the proposition that the jelly bean is actually red. But individual JC updates of propositions do not require such a broad rigidity assumption. Jeffrey conditionalizers should consider the advantages of a modest project of targeted updating focused on particular propositions rather than seeking to update the entire distribution using one obvious partition. Although Weisberg’s example fails to show JC to be irrelevant or useless, other problems he raises for JC (the commutativity and inputs problems) remain and actually become more pressing when we recognize the important role of background information. (shrink)