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Betting on Theories

Cambridge, New York and Melbourne: Cambridge University Press (1993)

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  1. Chains of Inferences and the New Paradigm in the Psychology of Reasoning.Ulf Hlobil - 2016 - Review of Philosophy and Psychology 7 (1):1-16.
    The new paradigm in the psychology of reasoning draws on Bayesian formal frameworks, and some advocates of the new paradigm think of these formal frameworks as providing a computational-level theory of rational human inference. I argue that Bayesian theories should not be seen as providing a computational-level theory of rational human inference, where by “Bayesian theories” I mean theories that claim that all rational credal states are probabilistically coherent and that rational adjustments of degrees of belief in the light of (...)
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  • Conservation Biology.Sahotra Sarkar - 2004 - Stanford Encyclopedia of Philosophy.
    Conservation biology emerged as an organized academic discipline in the United States in the 1980s though much of its theoretical framework was originally developed in Australia. Significant differences of approach in the two traditions were resolved in the late 1990s through the formulation of a consensus framework for the design and adaptive management of conservation area networks. This entry presents an outline of that framework along with a critical analysis of conceptual issues concerning the four theoretical problems that emerge from (...)
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  • Gigerenzer's normative critique of Kahneman and Tversky.Peter B. M. Vranas - 2000 - Cognition 76 (3):179-193.
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  • Epistemic Decision Theory.Hilary Greaves - 2013 - Mind 122 (488):915-952.
    I explore the prospects for modelling epistemic rationality (in the probabilist setting) via an epistemic decision theory, in a consequentialist spirit. Previous work has focused on cases in which the truth-values of the propositions in which the agent is selecting credences do not depend, either causally or merely evidentially, on the agent’s choice of credences. Relaxing that restriction leads to a proliferation of puzzle cases and theories to deal with them, including epistemic analogues of evidential and causal decision theory, and (...)
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  • Intentionality and partial belief.Weng Hong Tang - 2014 - Synthese 191 (7).
    Suppose we wish to provide a naturalistic account of intentionality. Like several other philosophers, we focus on the intentionality of belief, hoping that we may later supplement our account to accommodate other intentional states like desires and fears. Now suppose that we also take partial beliefs or credences seriously. In cashing out our favoured theory of intentionality, we may for the sake of simplicity talk as if belief is merely binary or all-or-nothing. But we should be able to supplement or (...)
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  • What can we Learn from Buridan's Ass?Ruth Weintraub - 2012 - Canadian Journal of Philosophy 42 (3):281-301.
    The mythical1 hungry ass, facing two identical bundles of hay equidistant from him, has engendered two related questions. Can he choose one of the bundles, there seemingly being nothing to incline him one way or the other? If he can, the second puzzle — pertaining to rational choice — arises. It seems the ass cannot rationally choose one of the bundles, because there is no sufficient reason for any choice.2In what follows, I will argue that choice is possible even when (...)
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  • Defeasible Conditionalization.Paul D. Thorn - 2014 - Journal of Philosophical Logic 43 (2-3):283-302.
    The applicability of Bayesian conditionalization in setting one’s posterior probability for a proposition, α, is limited to cases where the value of a corresponding prior probability, PPRI(α|∧E), is available, where ∧E represents one’s complete body of evidence. In order to extend probability updating to cases where the prior probabilities needed for Bayesian conditionalization are unavailable, I introduce an inference schema, defeasible conditionalization, which allows one to update one’s personal probability in a proposition by conditioning on a proposition that represents a (...)
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  • Belief Is Credence One (in Context).Roger Clarke - 2013 - Philosophers' Imprint 13:1-18.
    This paper argues for two theses: that degrees of belief are context sensitive; that outright belief is belief to degree 1. The latter thesis is rejected quickly in most discussions of the relationship between credence and belief, but the former thesis undermines the usual reasons for doing so. Furthermore, identifying belief with credence 1 allows nice solutions to a number of problems for the most widely-held view of the relationship between credence and belief, the threshold view. I provide a sketch (...)
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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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  • Conditioning and Interpretation Shifts.Jan-Willem Romeijn - 2012 - Studia Logica 100 (3):583-606.
    This paper develops a probabilistic model of belief change under interpretation shifts, in the context of a problem case from dynamic epistemic logic. Van Benthem [4] has shown that a particular kind of belief change, typical for dynamic epistemic logic, cannot be modelled by standard Bayesian conditioning. I argue that the problems described by van Benthem come about because the belief change alters the semantics in which the change is supposed to be modelled: the new information induces a shift in (...)
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  • Must rational intentions maximize utility?Ralph Wedgwood - 2017 - Philosophical Explorations 20 (sup2):73-92.
    Suppose that it is rational to choose or intend a course of action if and only if the course of action maximizes some sort of expectation of some sort of value. What sort of value should this definition appeal to? According to an influential neo-Humean view, the answer is “Utility”, where utility is defined as a measure of subjective preference. According to a rival neo-Aristotelian view, the answer is “Choiceworthiness”, where choiceworthiness is an irreducibly normative notion of a course of (...)
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  • (1 other version)Knowledge, Bets, and Interests.Brian Weatherson - 2012 - In Jessica Brown & Mikkel Gerken (eds.), Knowledge Ascriptions. Oxford, GB: Oxford University Press. pp. 75--103.
    This paper argues that the interest-relativity of knowledge cannot be explained by the interest-relativity of belief. The discussion starts with an argument that knowledge plays a key pair of roles in decision theory. It is then argued that knowledge cannot play that role unless knowledge is interest-relative. The theory of the interest-relativity of belief is reviewed and revised. That theory can explain some of the cases that are used to suggest knowledge is interest-relative. But it can’t explain some cases involving (...)
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  • From Classical to Intuitionistic Probability.Brian Weatherson - 2003 - Notre Dame Journal of Formal Logic 44 (2):111-123.
    We generalize the Kolmogorov axioms for probability calculus to obtain conditions defining, for any given logic, a class of probability functions relative to that logic, coinciding with the standard probability functions in the special case of classical logic but allowing consideration of other classes of "essentially Kolmogorovian" probability functions relative to other logics. We take a broad view of the Bayesian approach as dictating inter alia that from the perspective of a given logic, rational degrees of belief are those representable (...)
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  • The Logic of Belief Persistence.Pierpaolo Battigalli & Giacomo Bonanno - 1997 - Economics and Philosophy 13 (1):39-59.
    The principle of belief persistence, or conservativity principle, states that ’\Nhen changing beliefs in response to new evidence, you should continue to believe as many of the old beliefs as possible' (Harman, 1986, p. 46). In particular, this means that if an individual gets new information, she has to accommodate it in her new belief set (the set of propositions she believes), and, if the new information is not inconsistent with the old belief set, then (1) the individual has to (...)
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  • Representation theorems and the foundations of decision theory.Christopher Meacham & Jonathan Weisberg - 2011 - Australasian Journal of Philosophy 89 (4):641 - 663.
    Representation theorems are often taken to provide the foundations for decision theory. First, they are taken to characterize degrees of belief and utilities. Second, they are taken to justify two fundamental rules of rationality: that we should have probabilistic degrees of belief and that we should act as expected utility maximizers. We argue that representation theorems cannot serve either of these foundational purposes, and that recent attempts to defend the foundational importance of representation theorems are unsuccessful. As a result, we (...)
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  • Epistemic values and the value of learning.Wayne C. Myrvold - 2012 - Synthese 187 (2):547-568.
    In addition to purely practical values, cognitive values also figure into scientific deliberations. One way of introducing cognitive values is to consider the cognitive value that accrues to the act of accepting a hypothesis. Although such values may have a role to play, such a role does not exhaust the significance of cognitive values in scientific decision-making. This paper makes a plea for consideration of epistemic value —that is, value attaching to a state of belief—and defends the notion of cognitive (...)
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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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  • After Popper, Kuhn and Feyerabend: Recent Issues in Theories of Scientific Method.Robert Nola & Howard Sankey (eds.) - 2000 - Boston: Kluwer Academic Publishers.
    Some think that issues to do with scientific method are last century's stale debate; Popper was an advocate of methodology, but Kuhn, Feyerabend, and others are alleged to have brought the debate about its status to an end. The papers in this volume show that issues in methodology are still very much alive. Some of the papers reinvestigate issues in the debate over methodology, while others set out new ways in which the debate has developed in the last decade. The (...)
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  • Advancing the rationality debate.Keith E. Stanovich & Richard F. West - 2000 - Behavioral and Brain Sciences 23 (5):701-717.
    In this response, we clarify several misunderstandings of the understanding/acceptance principle and defend our specific operationalization of that principle. We reiterate the importance of addressing the problem of rational task construal and we elaborate the notion of computational limitations contained in our target article. Our concept of thinking dispositions as variable intentional-level styles of epistemic and behavioral regulation is explained, as is its relation to the rationality debate. Many of the suggestions of the commentators for elaborating two-process models are easily (...)
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  • (1 other version)Coherence and analogy articles.Paul Thagard - manuscript
    Barnes, A. and P. Thagard Empathy and analogy. Dialogue: Canadian Philosophical Review, 36: 705-720. HTML Croft, D., & Thagard, P.. Dynamic imagery: A computational model of motion and visual analogy. In L. Magnani and N. Nersessian, Model-based reasoning: Science, technology, values. New York: Kluwer/Plenum, 259-274. PDF only. HTML description of program and code for DIVA.
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  • Partial Belief and Flat-out Belief.Keith Frankish - 2009 - In Franz Huber & Christoph Schmidt-Petri (eds.), Degrees of belief. London: Springer. pp. 75--93.
    There is a duality in our everyday view of belief. On the one hand, we sometimes speak of credence as a matter of degree. We talk of having some level of confidence in a claim (that a certain course of action is safe, for example, or that a desired event will occur) and explain our actions by reference to these degrees of confidence – tacitly appealing, it seems, to a probabilistic calculus such as that formalized in Bayesian decision theory. On (...)
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  • Bayes' theorem.James Joyce - 2008 - Stanford Encyclopedia of Philosophy.
    Bayes' Theorem is a simple mathematical formula used for calculating conditional probabilities. It figures prominently in subjectivist or Bayesian approaches to epistemology, statistics, and inductive logic. Subjectivists, who maintain that rational belief is governed by the laws of probability, lean heavily on conditional probabilities in their theories of evidence and their models of empirical learning. Bayes' Theorem is central to these enterprises both because it simplifies the calculation of conditional probabilities and because it clarifies significant features of subjectivist position. Indeed, (...)
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  • The notion of consistency for partial belief.Susan Vineberg - 2001 - Philosophical Studies 102 (3):281 - 296.
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  • Epistemic virtues, metavirtues, and computational complexity.Adam Morton - 2004 - Noûs 38 (3):481–502.
    I argue that considerations about computational complexity show that all finite agents need characteristics like those that have been called epistemic virtues. The necessity of these virtues follows in part from the nonexistence of shortcuts, or efficient ways of finding shortcuts, to cognitively expensive routines. It follows that agents must possess the capacities – metavirtues –of developing in advance the cognitive virtues they will need when time and memory are at a premium.
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  • The coherence argument against conditionalization.Matthias Hild - 1998 - Synthese 115 (2):229-258.
    I re-examine Coherence Arguments (Dutch Book Arguments, No Arbitrage Arguments) for diachronic constraints on Bayesian reasoning. I suggest to replace the usual game–theoretic coherence condition with a new decision–theoretic condition ('Diachronic Sure Thing Principle'). The new condition meets a large part of the standard objections against the Coherence Argument and frees it, in particular, from a commitment to additive utilities. It also facilitates the proof of the Converse Dutch Book Theorem. I first apply the improved Coherence Argument to van Fraassen's (...)
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  • Resurrecting logical probability.James Franklin - 2001 - Erkenntnis 55 (2):277-305.
    The logical interpretation of probability, or "objective Bayesianism'' – the theory that (some) probabilities are strictly logical degrees of partial implication – is defended. The main argument against it is that it requires the assignment of prior probabilities, and that any attempt to determine them by symmetry via a "principle of insufficient reason" inevitably leads to paradox. Three replies are advanced: that priors are imprecise or of little weight, so that disagreement about them does not matter, within limits; that it (...)
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  • Bayes and Bust: Simplicity as a Problem for a Probabilist’s Approach to Confirmation. [REVIEW]Malcolm R. Forster - 1995 - British Journal for the Philosophy of Science 46 (3):399-424.
    The central problem with Bayesian philosophy of science is that it cannot take account of the relevance of simplicity and unification to confirmation, induction, and scientific inference. The standard Bayesian folklore about factoring simplicity into the priors, and convergence theorems as a way of grounding their objectivity are some of the myths that Earman's book does not address adequately. 1Review of John Earman: Bayes or Bust?, Cambridge, MA. MIT Press, 1992, £33.75cloth.
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  • Plantinga’s Probability Arguments Against Evolutionary Naturalism.Branden Fitelson & Elliott Sober - 1998 - Pacific Philosophical Quarterly 79 (2):115–129.
    In Chapter 12 of Warrant and Proper Function, Alvin Plantinga constructs two arguments against evolutionary naturalism, which he construes as a conjunction E&N .The hypothesis E says that “human cognitive faculties arose by way of the mechanisms to which contemporary evolutionary thought directs our attention (p.220).”1 With respect to proposition N , Plantinga (p. 270) says “it isn’t easy to say precisely what naturalism is,” but then adds that “crucial to metaphysical naturalism, of course, is the view that there is (...)
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  • Assertion, knowledge, and rational credibility.Igor Douven - 2006 - Philosophical Review 115 (4):449-485.
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  • Subjective and objective confirmation.Patrick Maher - 1996 - Philosophy of Science 63 (2):149-174.
    Confirmation is commonly identified with positive relevance, E being said to confirm H if and only if E increases the probability of H. Today, analyses of this general kind are usually Bayesian ones that take the relevant probabilities to be subjective. I argue that these subjective Bayesian analyses are irremediably flawed. In their place I propose a relevance analysis that makes confirmation objective and which, I show, avoids the flaws of the subjective analyses. What I am proposing is in some (...)
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  • Varieties of Bayesianism.Jonathan Weisberg - 2011
    Handbook of the History of Logic, vol. 10, eds. Dov Gabbay, Stephan Hartmann, and John Woods, forthcoming.
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  • What are degrees of belief.Lina Eriksson & Alan Hájek - 2007 - Studia Logica 86 (2):185-215.
    Probabilism is committed to two theses: 1) Opinion comes in degrees—call them degrees of belief, or credences. 2) The degrees of belief of a rational agent obey the probability calculus. Correspondingly, a natural way to argue for probabilism is: i) to give an account of what degrees of belief are, and then ii) to show that those things should be probabilities, on pain of irrationality. Most of the action in the literature concerns stage ii). Assuming that stage i) has been (...)
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  • Aiming at truth.Nicholas Unwin - 2007 - New York: Palgrave-Macmillan.
    The author argues that is not obvious what it means for our beliefs and assertions to be "truth-directed", and that we need to weaken our ordinary notion of a belief if we are to deal with radical scepticism without surrendering to idealism. Topics examined also include whether there could be alien conceptual schemes and what might happen to us if we abandoned genuine belief in place of mere pragmatic acceptance. A radically new "ecological" model of knowledge is defended.
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  • Choosing Rationally and Choosing Correctly.Ralph Wedgwood - 2003 - In Sarah Stroud & Christine Tappolet (eds.), Weakness of Will and Practical Irrationality. New York: Oxford University Press. pp. 201--229.
    Let us take an example that Bernard Williams (1981: 102) made famous. Suppose that you want a gin and tonic, and you believe that the stuff in front of you is gin. In fact, however, the stuff is not gin but petrol. So if you drink the stuff (even mixed with tonic), it will be decidedly unpleasant, to say the least. Should you choose to drink the stuff or not?
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  • Betting on Conspiracy: A Decision Theoretic Account of the Rationality of Conspiracy Theory Belief.Melina Tsapos - 2024 - Erkenntnis 89 (2):1-19.
    The question of the rationality of conspiratorial belief ¬divides philosophers into mainly two camps. The particularists believe that each conspiracy theory ought to be examined on its own merits. The generalist, by contrast, argues that there is something inherently suspect about conspiracy theories that makes belief in them irrational. Recent empirical findings indicate that conspiratorial thinking is commonplace among ordinary people, which has naturally shifted attention to the particularists. Yet, even the particularist must agree that not all conspiracy belief is (...)
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  • Permission to believe: Descriptive and prescriptive beliefs in the Clifford/James debate.Christopher Paul Lawrence - 2020 - Dissertation, University of Cape Town
    This thesis modifies the wording of William Clifford’s 1877 evidence principle (that ‘it is wrong always, everywhere, and for anyone, to believe anything upon insufficient evidence’) to propose an explicitly moral principle, restricted to descriptive beliefs (about what is or is not the case) and excluding prescriptive beliefs (about what ought or ought not to be the case). It considers potential counter-examples, particularly William James’s 1896 defence of religious belief; and concludes that the modified principle survives unscathed. It then searches (...)
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  • Intellectual courage and inquisitive reasons.Will Fleisher - 2023 - Philosophical Studies 180 (4):1343-1371.
    Intellectual courage requires acting to promote epistemic goods despite significant risk of harm. Courage is distinguished from recklessness and cowardice because the expected epistemic benefit of a courageous action outweighs (in some sense) the threatened harm. Sometimes, however, inquirers pursue theories that are not best supported by their current evidence. For these inquirers, the expected epistemic benefit of their actions cannot be explained by appeal to their evidence alone. The probability of pursuing the true theory cannot contribute enough to the (...)
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  • Accuracy Across Doxastic Attitudes: Recent Work on the Accuracy of Belief.Robert Weston Siscoe - 2022 - American Philosophical Quarterly 59 (2):201-217.
    James Joyce's article “A Nonpragmatic Vindication of Probabilism” introduced an approach to arguing for credal norms by appealing to the epistemic value of accuracy. The central thought was that credences ought to accurately represent the world, a guiding thought that has gone on to generate an entire research paradigm on the rationality of credences. Recently, a number of epistemologists have begun to apply this same thought to full beliefs, attempting to explain and argue for norms of belief in terms of (...)
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  • Respecting Evidence: Belief Functions not Imprecise Probabilities.Nicholas J. J. Smith - 2022 - Synthese 200 (475):1-30.
    The received model of degrees of belief represents them as probabilities. Over the last half century, many philosophers have been convinced that this model fails because it cannot make room for the idea that an agent’s degrees of belief should respect the available evidence. In its place they have advocated a model that represents degrees of belief using imprecise probabilities (sets of probability functions). This paper presents a model of degrees of belief based on Dempster–Shafer belief functions and then presents (...)
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  • Plumbing metaphysical explanatory depth.Nicholas Emmerson - 2024 - Philosophical Studies 181 (9):2091-2112.
    Recent years have seen increasing interest in interventionist analyses of metaphysical explanation. One area where interventionism traditionally shines, is in providing an account of explanatory depth; the sense in which explanation comes in degrees. However, the literature on metaphysical explanation has left the notion of depth almost entirely unexplored. In this paper I shall attempt to rectify this oversight by motivating an interventionist analysis of metaphysical explanatory depth (MED), in terms of the range of interventions under which a metaphysically explanatory (...)
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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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  • Uncertain Values: An Axiomatic Approach to Axiological Uncertainty.Stefan Riedener - 2021 - Berlin, Germany: De Gruyter.
    How ought you to evaluate your options if you're uncertain about what's fundamentally valuable? A prominent response is Expected Value Maximisation (EVM)—the view that under axiological uncertainty, an option is better than another if and only if it has the greater expected value across axiologies. But the expected value of an option depends on quantitative probability and value facts, and in particular on value comparisons across axiologies. We need to explain what it is for such facts to hold. Also, EVM (...)
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  • 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 (...)
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  • On the Independence of Belief and Credence.Elizabeth Jackson - 2022 - Philosophical Issues 32 (1):9-31.
    Much of the literature on the relationship between belief and credence has focused on the reduction question: that is, whether either belief or credence reduces to the other. This debate, while important, only scratches the surface of the belief-credence connection. Even on the anti-reductive dualist view, belief and credence could still be very tightly connected. Here, I explore questions about the belief-credence connection that go beyond reduction. This paper is dedicated to what I call the independence question: just how independent (...)
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  • In Defence of Revealed Preference Theory.Johanna Thoma - 2021 - Economics and Philosophy 37 (2):163-187.
    This paper defends revealed preference theory against a pervasive line of criticism, according to which revealed preference methodology relies on appealing to some mental states, in particular an agent’s beliefs, rendering the project incoherent or unmotivated. I argue that all that is established by these arguments is that revealed preference theorists must accept a limited mentalism in their account of the options an agent should be modelled as choosing between. This is consistent both with an essentially behavioural interpretation of preference (...)
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  • Faithfully Taking Pascal’s Wager.Elizabeth Jackson - 2023 - The Monist 106 (1):35–45.
    I examine the relationship between taking Pascal’s wager, faith, and hope. First, I argue that many who take Pascal’s wager have genuine faith that God exists. The person of faith and the wagerer have several things in common, including a commitment to God and positive cognitive and conative attitudes toward God’s existence. If one’s credences in theism are too low to have faith, I argue that the wagerer can still hope that God exists, another commitment-justifying theological virtue. I conclude with (...)
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  • Representation Theorems and Radical Interpretation.Edward J. R. Elliott - manuscript
    This paper begins with a puzzle regarding Lewis' theory of radical interpretation. On the one hand, Lewis convincingly argued that the facts about an agent's sensory evidence and choices will always underdetermine the facts about her beliefs and desires. On the other hand, we have several representation theorems—such as those of (Ramsey 1931) and (Savage 1954)—that are widely taken to show that if an agent's choices satisfy certain constraints, then those choices can suffice to determine her beliefs and desires. In (...)
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  • Epistemic Justice and the Principle of Total Evidence.Sherrilyn Roush - manuscript
    Epistemic injustice is injustice to a person qua knower. In one form of this phenomenon a speaker’s testimony is denied credence in a way that wrongs them. I argue that the received definition of this testimonial injustice relies too heavily on epistemic criteria that cannot explain why the moral concept of injustice should be invoked. I give an account of the nature of the wrong of epistemic injustice that has it depend not on the accuracy of judgments that are used (...)
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  • General Relativity, Mental Causation, and Energy Conservation.J. Brian Pitts - 2022 - Erkenntnis 87 (4):1931-1973.
    The conservation of energy and momentum have been viewed as undermining Cartesian mental causation since the 1690s. Modern discussions of the topic tend to use mid-nineteenth century physics, neglecting both locality and Noether’s theorem and its converse. The relevance of General Relativity has rarely been considered. But a few authors have proposed that the non-localizability of gravitational energy and consequent lack of physically meaningful local conservation laws answers the conservation objection to mental causation: conservation already fails in GR, so there (...)
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  • Good Guesses.Kevin Dorst & Matthew Mandelkern - 2021 - Philosophy and Phenomenological Research 105 (3):581-618.
    This paper is about guessing: how people respond to a question when they aren’t certain of the answer. Guesses show surprising and systematic patterns that the most obvious theories don’t explain. We argue that these patterns reveal that people aim to optimize a tradeoff between accuracy and informativity when forming their guess. After spelling out our theory, we use it to argue that guessing plays a central role in our cognitive lives. In particular, our account of guessing yields new theories (...)
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