Reasoning about situations we take to be impossible is useful for a variety of theoretical purposes. Furthermore, using a device of impossible worlds when reasoning about the impossible is useful in the same sorts of ways that the device of possible worlds is useful when reasoning about the possible. This paper discusses some of the uses of impossible worlds and argues that commitment to them can and should be had without great metaphysical or logical cost. The paper then provides an (...) account of reasoning with impossible worlds, by treating such reasoning as reasoning employing counterpossible conditionals, and provides a semantics for the proposed treatment. (shrink)

The paper attempts to rationalize cooperation in the one-shot prisoners' dilemma (PD). It starts by introducing (and preliminarily investigating) a new kind of equilibrium (differing from Aumann's correlated equilibria) according to which the players' actions may be correlated (sect. 2). In PD the Pareto-optimal among these equilibria is joint cooperation. Since these equilibria seem to contradict causal preconceptions, the paper continues with a standard analysis of the causal structure of decision situations (sect. 3). The analysis then raises to a reflexive (...) point of view according to which the agent integrates his own present and future decision situations into the causal picture of his situation (sect. 4). This reflexive structure is first applied to the toxin puzzle and then to Newcomb's problem, showing a way to rationalize drinking the toxin and taking only one box with-out assuming causal mystery (sect. 5). The latter result is finally extended to a rationalization of cooperation in PD (sect. 6). (shrink)

The best-known argument for Evidential Decision Theory (EDT) is the ‘Why ain’cha rich?’ challenge to rival Causal Decision Theory (CDT). The basis for this challenge is that in Newcomb-like situations, acts that conform to EDT may be known in advance to have the better return than acts that conform to CDT. Frank Arntzenius has recently proposed an ingenious counter argument, based on an example in which, he claims, it is predictable in advance that acts that conform to EDT will do (...) less well than acts that conform to CDT. We raise two objections to Arntzenius’s example. We argue, first, that the example is subtly incoherent, in a way that undermines its effectiveness against EDT; and, second, that the example relies on calculating the average return over an inappropriate population of acts. (shrink)

In “Bayesianism, Infinite Decisions, and Binding”, Arntzenius et al. (Mind 113:251–283, 2004 ) present cases in which agents who cannot bind themselves are driven by standard decision theory to choose sequences of actions with disastrous consequences. They defend standard decision theory by arguing that if a decision rule leads agents to disaster only when they cannot bind themselves, this should not be taken to be a mark against the decision rule. I show that this claim has surprising implications for a (...) number of other debates in decision theory. I then assess the plausibility of this claim, and suggest that it should be rejected. (shrink)

Evidential Decision Theory is flawed, but its flaws are not fully understood. David Lewis (1981) famously charged that EDT recommends an irrational policy of managing the news and “commends the ostrich as rational”. Lewis was right, but the case he appealed to—Newcomb’s Problem—does not demonstrate his conclusion. Indeed, decision theories other than EDT, such as Committal Decision Theory and Functional Decision Theory, agree with EDT's verdicts in Newcomb’s Problem, but their flaws, whatever they may be, do not stem from any (...) ostrich-like recommendations. We offer a new case which shows that EDT mismanages the news, thus vindicating Lewis’s original charge. We argue that this case reveals a flaw in the “Why ain’cha rich?” defense of EDT. We argue further that this case is an advance on extant putative counterexamples to EDT. (shrink)

The nature of evidence is a problem for epistemology, but I argue that this problem intersects with normative decision theory in a way that I think is underappreciated. Among some decision theorists, there is a presumption that one can always ignore the nature of evidence while theorizing about principles of rational choice. In slogan form: decision theory only cares about the credences agents actually have, not the credences they should have. I argue against this presumption. In particular, I argue that (...) if evidence can be unspecific, then an alleged counterexample to causal decision theory fails. This implies that what theory of decision we think is true may depend on our opinions regarding the nature of evidence. Even when we are theorizing about subjective theories of rationality, we cannot set aside questions about the objective nature of evidence. (shrink)

Some philosophers worry that if modal realism is true, you have no reason to prevent evils. For if you prevent an evil, you’ll have a counterpart somewhere that allows a similar evil. And if you refrain, your counterpart will end up preventing the relevant evil. Either way one evil is prevented and one is allowed. Your act makes no difference. I argue that this is mistaken. If modal realism is true, you are in a variant of Newcomb’s Problem. And if (...) Lewis’ view about Newcomb’s Problem is true, then your act does make a difference and you should prevent the evil. (shrink)

I present a decision problem in which causal decision theory appears to violate the independence of irrelevant alternatives (IIA) and normal-form extensive-form equivalence (NEE). I show that these violations lead to exploitable behavior and long-run poverty. These consequences appear damning, but I urge caution. This decision should lead causalists to a better understanding of what it takes for a decision between some collection of options to count as a subdecision of a decision between a larger collection of options. And with (...) this better understanding of subdecisions in hand, causalists will not violate the IIA or the NEE. This decision will also teach causalists that, in sequential decisions, a rational agent may be led to make a series of choices which are causally dominated by some other sequence of choices they could have made instead. I will encourage causalists to recognise this as an intrapersonal tragedy of the commons. (shrink)

A one-boxer, Erica, and a two-boxer, Chloe, engage in a familiar debate. The debate begins with Erica asking Chloe: ‘If you’re so smart, then why ain’cha rich?’. As the debate progresses, Chloe is led to endorse a novel causalist theory of rational choice. This new theory allows Chloe to forge a connection between rational choice and long-run riches. In brief: Chloe concludes that it is not long-run wealth but rather long-run wealth creation which is symptomatic of rationality.

Causalists and Evidentialists can agree about the right course of action in an (apparent) Newcomb problem, if the causal facts are not as initially they seem. If declining $1,000 causes the Predictor to have placed $1m in the opaque box, CDT agrees with EDT that one-boxing is rational. This creates a difficulty for Causalists. We explain the problem with reference to Dummett's work on backward causation and Lewis's on chance and crystal balls. We show that the possibility that the causal (...) facts might be properly judged to be non-standard in Newcomb problems leads to a dilemma for Causalism. One horn embraces a subjectivist understanding of causation, in a sense analogous to Lewis's own subjectivist conception of objective chance. In this case the analogy with chance reveals a terminological choice point, such that either (i) CDT is completely reconciled with EDT, or (ii) EDT takes precedence in the cases in which the two theories give different recommendations. The other horn of the dilemma rejects subjectivism, but now the analogy with chance suggests that it is simply mysterious why causation so construed should constrain rational action. (shrink)

The 'Why ain'cha rich?' argument for one-boxing in Newcomb's problem allegedly vindicates evidential decision theory and undermines causal decision theory. But there is a good response to the argument on behalf of causal decision theory. I develop this response. Then I pose a new problem and use it to give a new 'Why ain'cha rich?' argument. Unlike the old argument, the new argument targets evidential decision theory. And unlike the old argument, the new argument is sound.

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.

Causal decision theory is one of our most prominent theories of rational choice and the “why ain’cha rich?” argument is one of the most prominent objections to this theory. According to WAR, CDT is not an adequate theory of rational choice because it leads agents to make decisions that foreseeably leave them less well off than agents that decide in some other manner. Some philosophers take WAR to decisively undermine CDT. On the other hand, others take WAR to fail to (...) resolve the debate over CDT’s adequacy. In this paper, I will defend this second view: WAR does not resolve the debate at hand but instead leads to deadlock. Then, in the second half of this paper, I will show that this deadlock is not broken by a recent variant on WAR due to Caspar Hare and Brian Hedden. Not only does this result have implications for the debate over CDT’s adequacy but this discussion also casts light on the broader success/rationality link. (shrink)

Recently, von Fintel (2001) and Gillies (2007) have argued that certain sequences of counterfactuals, namely reverse Sobel sequences, should motivate us to abandon standard truth conditional theories of counterfactuals for dynamic semantic theories. I argue that we can give a pragmatic account of our judgments about counterfactuals without giving up the standard semantics. In particular, I introduce a pragmatic principle governing assertability, and I use this principle to explain a variety of subtle data concerning reverse Sobel sequences.

Newcomb’s problem involves a decision-maker faced with a choice and a predictor forecasting this choice. The agents’ interaction seems to generate a choice dilemma once the decision-maker seeks to apply two basic principles of rational choice theory : maximize expected utility ; adopt the dominant strategy. We review unsuccessful attempts at pacifying the dilemma by excluding Newcomb’s problem as an RCT-application, by restricting MEU and ADS, and by allowing for backward causation. A probability approach shows that Newcomb’s original problem-formulation lacks (...) causal information. This makes it impossible to specify the probability structure of Newcomb’s univocally. Once missing information is added, Newcomb’s problem and RCT re-align, thus explaining Newcomb’s problem as a seeming dilemma. Building on Wolpert and Benford :1637–1646, 2013), we supply additional details and offer a crucial correction to their formal proof. (shrink)

David Lewis David Lewis is an American philosopher and one of the last generalists, in the sense that he was one of the last philosophers who contributed to the great majority of sub-fields of the discipline. He made central contributions in metaphysics, the philosophy of language, the philosophy of mind, and probabilistic and practical … Continue reading David Lewis →.

Newcomb-like problems are classified by the payoff table of their act-state pairs, and the causal structure that gives rise to the act-state correlation. Decision theories are classified by the one or more points of intervention whose causal role is taken to be relevant to rationality in various problems. Some decision theories suggest an inherent conflict between different notions of rationality that are all relevant. Some issues with causal modeling raise problems for decision theories in the contexts where Newcomb problems arise.

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)

Counter-intuitive consequences of both causal decision theory and evidential decision theory are dramatized. Each of those theories is thereby put under some pressure to supply an error theory to explain away intuitions that seem to favour the other. Because trouble is stirred up for both sides, complacency about Newcomb’s problem is discouraged.

I apply some of the lessons from quantum theory, in particular from Bell’s theorem, to a debate on the foundations of decision theory and causation. By tracing a formal analogy between the basic assumptions of causal decision theory (CDT)—which was developed partly in response to Newcomb’s problem— and those of a local hidden variable theory in the context of quantum mechanics, I show that an agent who acts according to CDT and gives any nonzero credence to some possible causal interpretations (...) underlying quantum phenomena should bet against quantum mechanics in some feasible game scenarios involving entangled systems, no matter what evidence they acquire. As a consequence, either the most accepted version of decision theory is wrong, or it provides a practical distinction, in terms of the prescribed behaviour of rational agents, between some metaphysical hypotheses regarding the causal structure underlying quantum mechanics. (shrink)

In the Newcomb problem, the standard arguments for taking either one box or both boxes adduce what seem to be relevant considerations, but they are not complete arguments, and attempts to complete the arguments rely upon incorrect principles of rational decision making. It is argued that by considering how the predictor is making his prediction, we can generate a more complete argument, and this in turn supports a form of causal decision theory.

Practical deliberation often involves conditional judgements about what will (likely) happen if certain alternatives are pursued. It is widely assumed that the conditionals useful in deliberation are counterfactual or subjunctive conditionals. Against this, I argue that the conditionals of deliberation are indicatives. Key to the argument is an account of the relation between 'straightforward' future-directed conditionals like ' If the house is not painted, it will soon look quite shabby' and * "w e r e ' ' e d F (...) D C s like ' If the house were not to be painted, it would soon look quite shabby': an account on which both of these types of FDCs are grouped with the indicatives for semantic treatment and on which, while conditionals of both types are properly used in means/ends deliberations, those of the ' were'ed-up variety are especially well suited for that purpose. (shrink)

Philosophers debate whether one-boxing or two-boxing is the rational act in a Newcomb situation. I shall argue that one-boxing is the only rational choice. This is so because there is no intelligible aim by reference to which you can justify the choice of two-boxing over one-boxing once you have come to think that you will two-box. The only aim by which the agent in the Newcomb situation can justify his two-boxing is the subjunctively described aim of ‘getting more than I (...) would if I were to one-box’. But such a subjunctively described aim can justify an action only if it can be seen as generating, in conjunction with the agent’s beliefs, an indicatively describable aim which justifies the action. In the case of the Newcomb agent the aim of ’getting more than I would if I were to one-box’ cannot be seen in this way. (shrink)

The paper is essentially a short version Spohn "Strategic Rationality" which emphasizes in particular how the ideas developed there may be used to shed new light on the iterated prisoner's dilemma (and on iterated Newcomb's problem).

Adaptive rationality theorists question the manner in which psychologists have typically assessed rational behavior and cognition. According to them, human rationality is adaptive, and the biases reported in the psychological literature are best seen as the result of using normative standards that are too narrow. As it turns out, their challenge is also quite controversial, and several aspects of it have been called into question. Yet, whilst it is often suggested that the lack of cogency comes about due to the (...) implausibility of the alternative normative framework, in this paper I articulate a different strategy to resist the revolutionary rhetoric of AR. As I argue here, even if we accept the normative framework of AR, the challenge from AR is less damaging than usually accepted. In particular, I challenge the claim that biases reported in the literature should be conceived of as violations of axiomatic rationality. I argue that the category of bias refers instead to a range of heterogeneous phenomena and that, since several important families of biases are not just violations of axiomatic rationality, these are not vulnerable to the AR challenge. In fact, I also show that the families I consider here look like plausible cases of irrational behavior from the perspective of AR, and that the outcome of my analysis does not sit well with AR theorists’ claim that people are generally successful at achieving prudential and epistemic goals. (shrink)

The Sleeping Beauty puzzle has dramatized the divisive question of how de se beliefs should be integrated into formal theories of rational belief change. In this paper, I look ahead to a related question: how should de se beliefs be integrated into formal theories of rational choice? I argue that standard decision theoretic frameworks fail in special cases of de se uncertainty, like Sleeping Beauty. The nature of the failure reveals that sometimes rational choices are determined independently of one’s credences (...) in the kinds of ‘narrow’ de se propositions that Sleepy Beauty has set in relief. Consequently, in addition to pinpointing a failure of standard decision theoretic frameworks, this result casts doubt on a large class of strategies for determining principles for the rationally updating de se beliefs in cases like Sleeping Beauty, and also calls into question the importance of making such a determination at all. (shrink)

I develop and defend a version of what I call Disposition-Based Decision Theory (or DBDT). I point out important problems in David Gauthier’s (1985, 1986) formulation of DBDT, and carefully develop a more defensible formulation. I then compare my version of DBDT to the currently most widely accepted decision theory, Causal Decision Theory (CDT). Traditional intuition-based arguments fail to give us any strong reason to prefer either theory over the other, but I propose an alternative strategy for resolving this debate. (...) I argue that we should embrace DBDT because it does better than CDT at the work that we, as a matter of empirical fact, commonly call upon a notion of rationality to do. (shrink)

Nikk Effingham and Huw Price argue that in certain cases of Newcomb problems involving time travel and foreknowledge, being given information about the future makes it rational to choose as an evidential decision theorist would choose. Although the cases they consider have some intuitive pull, and so appear to aid in answering the question of what it is rational to do, we argue that their respective positions are not compelling. Newcomb problems are structured such that whichever way one chooses, one (...) might be led by one’s preferred decision theory to miss out on some riches (riches which others obtain whilst employing their preferred decision theory). According to the novel aesthetic diagnosis we shall offer of the Newcomb dialectic, missing out in this way does not render one irrational but, rather, subject to being seen as absurd. This is a different kind of cost but not one that undermines one’s rationality. (shrink)

Self-reference in semantics, which leads to well-known paradoxes, is a thoroughly researched subject. The phenomenon can appear also in decision theoretic situations. There is a structural analogy between the two and, more interestingly, an analogy between principles concerning truth and those concerning rationality. The former can serve as a guide for clarifying the latter. Both the analogies and the disanalogies are illuminating.

The paper argues that the standard decision theoretic account of strategies and their rationality or optimality is much too narrow, that strategies should rather condition future action to future decision situations (a point of view already developed in my Grundlagen der Entscheidungstheorie, sect. 4.4), that practical deliberation must therefore essentially rely on a relation of superiority and inferiority between possible future decision situations, that all this allows to substantially broaden the theory of practical rationality, that a long list of points (...) attended to in the literature can be subsumed under the broadened perspective (including a novel view on the iterated prisoner's dilemma and on iterated Newcomb's problem, which, however, is revised in Spohn (2003) "Dependency Equilibria and the Causal Structure of Decision and Game Situation"), and that the task to complete and systematize this list indeed forms a fruitful research programme. (shrink)