This book defends the view that any adequate account of rational decision making must take a decision maker's beliefs about causal relations into account. The early chapters of the book introduce the non-specialist to the rudiments of expected utility theory. The major technical advance offered by the book is a 'representation theorem' that shows that both causal decision theory and its main rival, Richard Jeffrey's logic of decision, are both instances of a more general conditional decision theory. The book solves (...) a long-standing problem for Jeffrey's theory by showing for the first time how to obtain a unique utility and probability representation for preferences and judgements of comparative likelihood. The book also contains a major new discussion of what it means to suppose that some event occurs or that some proposition is true. The most complete and robust defence of causal decision theory available. (shrink)

This book makes a significant contribution to the standard decision theory, that is, the theory of choice built around the principle of maximizing expected utility, both to its causal version and to the more traditional noncausal approach. The author’s success in clarifying the foundations of the standard decision theory in general, and causal decision theory in particular, also makes the book uniquely suitable for a person whose research in philosophy has led her to want to learn about contemporary decision theory. (...) The book presupposes some mathematical sophistication, and it contains more philosophical and mathematical argumentation per page than may be suitable for an undergraduate level course; but it stands out as an ideal textbook for a graduate-level course focused on the foundations of the standard decision theory. (shrink)

Counterfactuals is David Lewis' forceful presentation of and sustained argument for a particular view about propositions which express contrary to fact conditionals, including his famous defense of realism about possible worlds and his theory of laws of nature.

Adams' famous thesis that the probabilities of conditionals are conditional probabilities is incompatible with standard probability theory. Indeed it is incompatible with any system of monotonic conditional probability satisfying the usual multiplication rule for conditional probabilities. This paper explores the possibility of accommodating Adams' thesis in systems of non-monotonic probability of varying strength. It shows that such systems impose many familiar lattice theoretic properties on their models as well as yielding interesting logics of conditionals, but that a standard complementation operation (...) cannot be defined within them, on pain of collapsing probability into bivalence. (shrink)

The aim of the paper is to draw a connection between a semantical theory of conditional statements and the theory of conditional probability. First, the probability calculus is interpreted as a semantics for truth functional logic. Absolute probabilities are treated as degrees of rational belief. Conditional probabilities are explicitly defined in terms of absolute probabilities in the familiar way. Second, the probability calculus is extended in order to provide an interpretation for counterfactual probabilities--conditional probabilities where the condition has zero probability. (...) Third, conditional propositions are introduced as propositions whose absolute probability is equal to the conditional probability of the consequent on the antecedent. An axiom system for this conditional connective is recovered from the probabilistic definition. Finally, the primary semantics for this axiom system, presented elsewhere, is related to the probabilistic interpretation. (shrink)

The standard use of the propositional calculus ('P.C.?) in analyzing the validity of inferences involving conditionals leads to fallacies, and the problem is to determine where P.C. may be ?safely? used. An alternative analysis of criteria of reasonableness of inferences in terms of conditions of justification rather than truth of statements is proposed. It is argued, under certain restrictions, that P. C. may be safely used, except in inferences whose conclusions are conditionals whose antecedents are incompatible with the premises in (...) the sense that if the antecedent became known, some of the previously asserted premises would have to be withdrawn. (shrink)

This collection of essays is on the relation between probabilities, especially conditional probabilities, and conditionals. It provides negative results which sharply limit the ways conditionals can be related to conditional probabilities. There are also positive ideas and results which will open up areas of research. The collection is intended to honour Ernest W. Adams, whose seminal work is largely responsible for creating this area of inquiry. As well as describing, evaluating, and applying Adams's work the contributions extend his ideas in (...) directions he may or may not have anticipated, but that he certainly inspired. In addition to a wide range of philosophers of science, the volume should interest computer scientists and linguists. (shrink)

Adams’s Thesis, the claim that the probabilities of indicative conditionals equal the conditional probabilities of their consequents given their antecedents, has proven impossible to accommodate within orthodox possible-world semantics. This essay proposes a modification to the orthodoxy that removes this impossibility. The starting point is a proposal by Jeffrey and Stalnaker that conditionals take semantic values in the unit interval, interpreting these (à la McGee) as their expected truth-values at a world. Their theories imply a false principle, namely, that the (...) probability of a conditional is independent of any proposition inconsistent with its antecedent. But they also point to something important, namely, that our uncertainty about conditionals is not confined to uncertainty about the facts (what the actual world is like) but also expresses uncertainty about the counterfacts (what the world would be like if one or another supposition were true). To capture this observation, this essay proposes that the semantic contents of conditionals be treated as sets of vectors of possible worlds, not singleton worlds, with the coordinates of each specifying the world that is or would be true under the supposition that it represents. The probabilities of truth for conditionals will then depend on the joint probabilities of the facts and counterfacts, the latter in turn depending on the mode of supposition. The implication of this treatment is that the probabilities of conditionals are conditional probabilities whenever the mode of supposition is evidential. (shrink)

THE INDICATIVE CONDITIONAL. A PROBABILISTIC CRITERION OF SOUNDNESS FOR DEDUCTIVE INFERENCES Our objective in this section is to establish a prima facie case ...