This paper extends earlier work by its authors on formal aspects of the processes of contracting a theory to eliminate a proposition and revising a theory to introduce a proposition. In the course of the earlier work, Gardenfors developed general postulates of a more or less equational nature for such processes, whilst Alchourron and Makinson studied the particular case of contraction functions that are maximal, in the sense of yielding a maximal subset of the theory (or alternatively, of one of (...) its axiomatic bases), that fails to imply the proposition being eliminated. In the present paper, the authors study a broader class, including contraction functions that may be less than maximal. Specifically, they investigate "partial meet contraction functions", which are defined to yield the intersection of some nonempty family of maximal subsets of the theory that fail to imply the proposition being eliminated. Basic properties of these functions are established: it is shown in particular that they satisfy the Gardenfors postulates, and moreover that they are sufficiently general to provide a representation theorem for those postulates. Some special classes of partial meet contraction functions, notably those that are "relational" and "transitively relational", are studied in detail, and their connections with certain "supplementary postulates" of Gardenfors investigated, with a further representation theorem established. (shrink)

For this 1897 publication, the American philosopher William James brought together ten essays, some of which were originally talks given to Ivy League societies. Accessible to a broader audience, these non-technical essays illustrate the author's pragmatic approach to belief and morality, arguing for faith and action in spite of uncertainty. James thought his audiences suffered 'paralysis of their native capacity for faith' while awaiting scientific grounds for belief. His response consisted in an attitude of 'radical empiricism', which deals practically rather (...) than ideologically with real-world phenomena. When facing a 'momentous' decision about belief, he says, we both can and must choose the best hypothesis. The first four essays apply this principle to religious faith, and the rest explore the pragmatic approach to such topics as determinism, ethics and individual achievement. James developed his ideas further in The Varieties of Religious Experience and Pragmatism, both of which are reissued in this series. (shrink)

An examination of topics involved in statistical reasoning with imprecise probabilities. The book discusses assessment and elicitation, extensions, envelopes and decisions, the importance of imprecision, conditional previsions and coherent statistical models.

First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.

Many have claimed that unspecific evidence sometimes demands unsharp, indeterminate, imprecise, vague, or interval-valued probabilities. Against this, a variant of the diachronic Dutch Book argument shows that perfectly rational agents always have perfectly sharp probabilities.

The representation theorems of expected utility theory show that having certain types of preferences is both necessary and sufficient for being representable as having subjective probabilities. However, unless the expected utility framework is simply assumed, such preferences are also consistent with being representable as having degrees of belief that do not obey the laws of probability. This fact shows that being representable as having subjective probabilities is not necessarily the same as having subjective probabilities. Probabilism can be defended on the (...) basis of the representation theorems only if attributions of degrees of belief are understood either antirealistically or purely qualitatively, or if the representation theorems are supplemented by arguments based on other considerations (simplicity, consilience, and so on) that single out the representation of a person as having subjective probabilities as the only true representation of the mental state of any person whose preferences conform to the axioms of expected utility theory. (shrink)

It is often said, metaphorically, that belief "aims" at the truth. This paper proposes a normative interpretation of this metaphor. First, the notion of "epistemic norms" is clarified, and reasons are given for the view that epistemic norms articulate essential features of the beliefs that are subject to them. Then it is argued that all epistemic norms--including those that specify when beliefs count as rational, and when they count as knowledge--are explained by a fundamental norm of correct belief, which requires (...) that, if one considers a proposition at all, one should believe it if and only if it is true. (shrink)

In what does the sense of a sentential connective consist? Like many others, I hold that its sense lies in rules that govern deductions. In the present paper, however, I argue that a classical logician should take the relevant deductions to be arguments involving affirmative or negative answers to yes-or-no questions that contain the connective. An intuitionistic logician will differ in concentrating exclusively upon affirmative answers. I conclude by arguing that a well known intuitionistic criticism of classical logic fails if (...) the answer "No" is accorded parity with the answer "Yes". (shrink)

I aim to illuminate foundational epistemological issues by reflecting on ‘epistemic consequentialism’—the epistemic analogue of ethical consequentialism. Epistemic consequentialism employs a concept of cognitive value playing a role in epistemic norms governing belief-like states that is analogous to the role goodness plays in act-governing moral norms. A distinction between ‘direct’ and ‘indirect’ versions of epistemic consequentialism is held to be as important as the familiar ethical distinction on which it is based. These versions are illustrated, respectively, by cognitive decision-theory and (...) reliabilism. Cognitive decision-theory is defended, and various conceptual issues concerning it explored. A simple dilemma suggests that epistemic consequentialism has radical consequences. (shrink)

[Philip Percival] I aim to illuminate foundational epistemological issues by reflecting on 'epistemic consequentialism'-the epistemic analogue of ethical consequentialism. Epistemic consequentialism employs a concept of cognitive value playing a role in epistemic norms governing belief-like states that is analogous to the role goodness plays in act-governing moral norms. A distinction between 'direct' and 'indirect' versions of epistemic consequentialism is held to be as important as the familiar ethical distinction on which it is based. These versions are illustrated, respectively, by cognitive (...) decision-theory and reliabilism. Cognitive decision-theory is defended, and various conceptual issues concerning it explored. A simple dilemma suggests that epistemic consequentialism has radical consequences. /// [Robert Stalnaker] After reviewing the general ideas of the consequentialist framework, I take a critical look at two of the epistemic consequentialist projects that Philip Percival considers in his paper: the first assumes that there is a notion of acceptance that contrasts with belief and that can be evaluated by its expected epistemic utility. The second uses epis utility to evaluate beliefs and partial beliefs themselves, as well as actions, such as gathering information in the course of an inquiry. I express scepticism about the notion of acceptance required for the first project, and argue that the second kind of project can be fruitful only with a richer notion of epistemic utility than has yet been developed. (shrink)

I aim to illuminate foundational epistemological issues by reflecting on 'epistemic consequentialism'—the epistemic analogue of ethical consequentialism. Epistemic consequentialism employs a concept of cognitive value playing a role in epistemic norms governing belief-like states that is analogous to the role goodness plays in act-governing moral norms. A distinction between 'direct' and 'indirect' versions of epistemic consequentialism is held to be as important as the familiar ethical distinction on which it is based. These versions are illustrated, respectively, by cognitive decision-theory and (...) reliabilism. Cognitive decision-theory is defended, and various conceptual issues concerning it explored. A simple dilemma suggests that epistemic consequentialism has radical consequences. (shrink)

Jim buys a ticket in a million-ticket lottery. He knows it is a fair lottery, but, given the odds, he believes he will lose. When the winning ticket is chosen, it is not his. Did he know his ticket would lose? It seems that he did not. After all, if he knew his ticket would lose, why would he have bought it? Further, if he knew his ticket would lose, then, given that his ticket is no different in its chances (...) of winning from any other ticket, it seems that by parity of reasoning he should also know that every other ticket would lose. But of course he doesn’t know that; in fact, he knows that not every ticket will lose. (shrink)

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 (...) should reject these claims, and lay the foundations of decision theory on firmer ground. (shrink)

This paper concerns the extent to which uncertain propositional reasoning can track probabilistic reasoning, and addresses kinematic problems that extend the familiar Lottery paradox. An acceptance rule assigns to each Bayesian credal state p a propositional belief revision method B p , which specifies an initial belief state B p (T) that is revised to the new propositional belief state B(E) upon receipt of information E. An acceptance rule tracks Bayesian conditioning when B p (E) = B p|E (T), for (...) every E such that p(E) > 0; namely, when acceptance by propositional belief revision equals Bayesian conditioning followed by acceptance. Standard proposals for uncertain acceptance and belief revision do not track Bayesian conditioning. The "Lockean" rule that accepts propositions above a probability threshold is subject to the familiar lottery paradox (Kyburg 1961), and we show that it is also subject to new and more stubborn paradoxes when the tracking property is taken into account. Moreover, we show that the familiar AGM approach to belief revision (Harper, Synthese 30(1-2):221-262, 1975; Alchourrón et al., J Symb Log 50:510-530, 1985) cannot be realized in a sensible way by any uncertain acceptance rule that tracks Bayesian conditioning. Finally, we present a plausible, alternative approach that tracks Bayesian conditioning and avoids all of the paradoxes. It combines an odds-based acceptance rule proposed originally by Levi (1996) with a non-AGM belief revision method proposed originally by Shoham (1987). (shrink)

“Since today is Saturday, the grocery store is open today and will be closed tomorrow; so let’s go today”. That is an example of everyday practical reasoning—reasoning directly with the propositions that one believes but may not be fully certain of. Everyday practical reasoning is one of our most familiar kinds of decisions but, unfortunately, some foundational questions about it are largely ignored in the standard decision theory: (Q1) What are the decision rules in everyday practical reasoning that connect qualitative (...) belief and desire to preference over acts? (Q2) What sort of logic should govern qualitative beliefs in everyday practical reasoning, and to what extent is that logic necessary for the purposes of qualitative decisions? (Q3) What kinds of qualitative decisions are always representable as results of everyday practical reasoning? (Q4) Under what circumstances do the results of everyday practical reasoning agree with the Bayesian ideal of expected utility maximization? This paper proposes a rigorous decision theory for answering all of those questions, which is developed in parallel to Savage’s (1954) foundation of expected utility maximization. In light of a new representation result, everyday practical reasoning provides a sound and complete method for a very wide class of qualitative decisions; and, to that end, qualitative beliefs must be allowed to be closed under classical logic plus a well-known nonmonotonic logic—the so-called system ℙ. (shrink)

One of the fundamental problems of epistemology is to say when the evidence in an agent’s possession justifies the beliefs she holds. In this paper and its prequel, we defend the Bayesian solution to this problem by appealing to the following fundamental norm: Accuracy An epistemic agent ought to minimize the inaccuracy of her partial beliefs. In the prequel, we made this norm mathematically precise; in this paper, we derive its consequences. We show that the two core tenets of Bayesianism (...) follow from the norm, while the characteristic claim of the Objectivist Bayesian follows from the norm along with an extra assumption. Finally, we consider Richard Jeffrey’s proposed generalization of conditionalization. We show not only that his rule cannot be derived from the norm, unless the requirement of Rigidity is imposed from the start, but further that the norm reveals it to be illegitimate. We end by deriving an alternative updating rule for those cases in which Jeffrey’s is usually supposed to apply. (shrink)

One of the fundamental problems of epistemology is to say when the evidence in an agent’s possession justifies the beliefs she holds. In this paper and its sequel, we defend the Bayesian solution to this problem by appealing to the following fundamental norm: Accuracy An epistemic agent ought to minimize the inaccuracy of her partial beliefs. In this paper, we make this norm mathematically precise in various ways. We describe three epistemic dilemmas that an agent might face if she attempts (...) to follow Accuracy, and we show that the only inaccuracy measures that do not give rise to such dilemmas are the quadratic inaccuracy measures. In the sequel, we derive the main tenets of Bayesianism from the relevant mathematical versions of Accuracy to which this characterization of the legitimate inaccuracy measures gives rise, but we also show that Jeffrey conditionalization has to be replaced by a different method of update in order for Accuracy to be satisfied. (shrink)

Recently, much attention has been paid to ‘rational requirements’ and, especially, to what I call ‘rational requirements of formal coherence as such’. These requirements are satisfied just when our attitudes are formally coherent: for example, when our beliefs do not contradict each other. Nevertheless, these requirements are puzzling. In particular, it is unclear why we should satisfy them. In light of this, I explore the conjecture that there are no requirements of formal coherence. I do so by trying to construct (...) a theory of error for the idea that there are such requirements. (shrink)

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] proposes new foundations for the Bayesian principle of rational action, and goes on to develop a new logic of desirability and probabtility."—Frederic Schick, _Journal of Philosophy_.

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)

Judging by our folk appraisals, then, knowledge and action are intimately related. The theories of rational action with which we are familiar leave this unexplained. Moreover, discussions of knowledge are frequently silent about this connection. This is a shame, since if there is such a connection it would seem to constitute one of the most fundamental roles for knowledge. Our purpose in this paper is to rectify this lacuna, by exploring ways in which knowing something is related to rationally acting (...) upon it, defending one particular proposal against anticipated objections. (shrink)

A person required to risk money on a remote digit of π would, in order to comply fully with the theory [of personal probability] have to compute that digit, though this would really be wasteful if the cost of computation were more than the prize involved. For the postulates of the theory imply that you should behave in accordance with the logical implications of all that you know. Is it possible to improve the theory in this respect, making allowance within (...) it for the cost of thinking, or would that entail paradox? (shrink)

There are three sections in this paper. The first is a philosophical discussion of the general problem of reasoning under limited deductive capacity. The second sketches a rigorous way of assigning probabilities to statements in pure arithmetic; motivated by the preceding discussion, it can nonetheless be read separately. The third is a philosophical discussion that highlights the shifting contextual character of subjective probabilities and beliefs.

Abstract In this paper I undertake an in-depth examination of an oft mentioned but rarely expounded upon state: suspended judgment. While traditional epistemology is sometimes characterized as presenting a “yes or no” picture of its central attitudes, in fact many of these epistemologists want to say that there is a third option: subjects can also suspend judgment. Discussions of suspension are mostly brief and have been less than clear on a number of issues, in particular whether this third option should (...) be thought of as an attitude or not. In this paper I argue that suspended judgment is (or at least involves) a genuine attitude. Content Type Journal Article Pages 1-17 DOI 10.1007/s11098-011-9753-y Authors Jane Friedman, St Catherine’s College, University of Oxford, Oxford, OX1 3UJ UK Journal Philosophical Studies Online ISSN 1573-0883 Print ISSN 0031-8116. (shrink)

In this new book, Foley defends an epistemology that takes seriously the perspectives of individual thinkers. He argues that having rational opinions is a matter of meeting our own internal standards rather than standards that are somehow imposed upon us from the outside. It is a matter of making ourselves invulnerable to intellectual self-criticism. Foley also shows how the theory of rational belief is part of a general theory of rationality. He thus avoids treating the rationality of belief as a (...) fundamentally different kind of phenomenon from the rationality of decision or action. His approach generates promising suggestions about a wide range of issues--e.g., the distinction between epistemic and non-epistemic reasons for belief; the question of what aspects of the Cartesian project are still worth doing; the significance of simplicity and other theoretical virtues; the relevance of skeptical hypotheses; the difference between a theory of rational belief and a theory of knowledge; the difference between a theory of rational belief and a theory of rational degrees of belief; and the limits of idealization in epistemology. (shrink)

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 (...) adequately discharged, various authors move on to stage ii) with varied and ingenious arguments. But an unsatisfactory response at stage i) clearly undermines any gains that might be accrued at stage ii) as far as probabilism is concerned: if those things are not degrees of belief, then it is irrelevant to probabilism whether they should be probabilities or not. In this paper we scrutinize the state of play regarding stage i). We critically examine several of the leading accounts of degrees of belief: reducing them to corresponding betting behavior (de Finetti); measuring them by that behavior (Jeffrey); and analyzing them in terms of preferences and their role in decision-making more generally (Ramsey, Lewis, Maher). We argue that the accounts fail, and so they are unfit to subserve arguments for probabilism. We conclude more positively: ‘degree of belief’ should be taken as a primitive concept that forms the basis of our best theory of rational belief and decision: probabilism. (shrink)

Bayesianism is a collection of positions in several related fields, centered on the interpretation of probability as something like degree of belief, as contrasted with relative frequency, or objective chance. However, Bayesianism is far from a unified movement. Bayesians are divided about the nature of the probability functions they discuss; about the normative force of this probability function for ordinary and scientific reasoning and decision making; and about what relation (if any) holds between Bayesian and non-Bayesian concepts.

To the extent that we have reasons to avoid these “bad B -properties”, these arguments provide reasons not to have an incoherent credence function b — and perhaps even reasons to have a coherent one. But, note that these two traditional arguments for probabilism involve what might be called “pragmatic” reasons (not) to be (in)coherent. In the case of the Dutch Book argument, the “bad” property is pragmatically bad (to the extent that one values money). But, it is not clear (...) whether the DBA pinpoints any epistemic defect of incoherent agents. The same can be said for Representation Theorem arguments, since they involve the structure of an agent’s preferences. (shrink)

In the first paper, I discussed the basic claims of Bayesianism (that degrees of belief are important, that they obey the axioms of probability theory, and that they are rationally updated by either standard or Jeffrey conditionalization) and the arguments that are often used to support them. In this paper, I will discuss some applications these ideas have had in confirmation theory, epistemol- ogy, and statistics, and criticisms of these applications.

In general, the technical apparatus of decision theory is well developed. It has loads of theorems, and they can be proved from axioms. Many of the theorems are interesting, and useful both from a philosophical and a practical perspective. But decision theory does not have a well agreed upon interpretation. Its technical terms, in particular, ‘utility’ and ‘preference’ do not have a single clear and uncontroversial meaning. How to interpret these terms depends, of course, on what purposes in pursuit of (...) which one wants to put decision theory to use. One might want to use it as a model of economic decision-making, in order to predict the behavior of corporations or of the stock market. In that case, it might be useful to interpret the technical term ‘utility’ as meaning money profit. Decision theory would then be an empirical theory. I want to look into the question of what ‘utility’ could mean, if we want decision theory to function as a theory of practical rationality. I want to know whether it makes good sense to think of practical rationality as fully or even partly accounted for by decision theory. I shall lay my cards on the table: I hope it does make good sense to think of it that way. For, I think, if Humeans are right about practical rationality, then decision theory must play a very large part in their account. And I think Humeanism has very strong attractions. (shrink)

This paper is concerned with formal solutions to the lottery paradox on which high probability defeasibly warrants acceptance. It considers some recently proposed solutions of this type and presents an argument showing that these solutions are trivial in that they boil down to the claim that perfect probability is sufficient for rational acceptability. The argument is then generalized, showing that a broad class of similar solutions faces the same problem. An argument against some formal solutions to the lottery paradox The (...) argument generalized Some variations Adding modalities Anticipated objections. (shrink)

Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.

Classic analysis of the subject and the development of personal probability; one of the greatest controversies in modern statistcal thought.

the symmetry of our evidential situation. If our confidence is best modeled by a standard probability function this means that we are to distribute our subjective probability or credence sharply and evenly over possibilities among which our evidence does not discriminate. Once thought to be the central principle of probabilistic reasoning by great..

Taking Joyce’s (1998; 2009) recent argument(s) for probabilism as our point of departure, we propose a new way of grounding formal, synchronic, epistemic coherence requirements for (opinionated) full belief. Our approach yields principled alternatives to deductive consistency, sheds new light on the preface and lottery paradoxes, and reveals novel conceptual connections between alethic and evidential epistemic norms.