Dilation occurs when an interval probability estimate of some event E is properly included in the interval probability estimate of E conditional on every event F of some partition, which means that one’s initial estimate of E becomes less precise no matter how an experiment turns out. Critics maintain that dilation is a pathological feature of imprecise probability models, while others have thought the problem is with Bayesian updating. However, two points are often overlooked: (1) knowing that E is stochastically (...) independent of F (for all F in a partition of the underlying state space) is sufficient to avoid dilation, but (2) stochastic independence is not the only independence concept at play within imprecise probability models. In this paper we give a simple characterization of dilation formulated in terms of deviation from stochastic independence, propose a measure of dilation, and distinguish between proper and improper dilation. Through this we revisit the most sensational examples of dilation, which play up independence between dilator and dilatee, and find the sensationalism undermined by either fallacious reasoning with imprecise probabilities or improperly constructed imprecise probability models. (shrink)

Bayesians often confuse insistence that probability judgment ought to be indeterminate (which is incompatible with Bayesian ideals) with recognition of the presence of imprecision in the determination or measurement of personal probabilities (which is compatible with these ideals). The confusion is discussed and illustrated by remarks in a recent essay by R. C. Jeffrey.

Moss (2018) argues that rational agents are best thought of not as having degrees of belief in various propositions but as having beliefs in probabilistic contents, or probabilistic beliefs. Probabilistic contents are sets of probability functions. Probabilistic belief states, in turn, are modeled by sets of probabilistic contents, or sets of sets of probability functions. We argue that this Mossean framework is of considerable interest quite independently of its role in Moss’ account of probabilistic knowledge or her semantics for epistemic (...) modals and probability operators. It is an extremely general model of uncertainty. Indeed, it is at least as general and expressively powerful as every other current imprecise probability framework, including lower probabilities, lower previsions, sets of probabilities, sets of desirable gambles, and choice functions. In addition, we partially answer an important question that Moss leaves open, viz., why should rational agents have consistent probabilistic beliefs? We show that an important subclass of Mossean believers avoid Dutch bookability iff they have consistent probabilistic beliefs. (shrink)

Is Bayesian decision theory a panacea for many of the problems in epistemology and the philosophy of science, or is it philosophical snake-oil? For years a debate had been waged amongst specialists regarding the import and legitimacy of this body of theory. Mark Kaplan had written the first accessible and non-technical book to address this controversy. Introducing a new variant on Bayesian decision theory the author offers a compelling case that, while no panacea, decision theory does in fact have the (...) most profound consequences for the way in which philosophers think about inquiry, criticism and rational belief. The new variant on Bayesian theory is presented in such a way that a non-specialist will be able to understand it. The book also offers new solutions to some classic paradoxes. It focuses on the intuitive motivations of the Bayesian approach to epistemology and addresses the philosophical worries to which it has given rise. (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)

We argue that indeterminate probabilities are not only rationally permissible for a Bayesian agent, but they may even be rationally required . Our first argument begins by assuming a version of interpretivism: your mental state is the set of probability and utility functions that rationalize your behavioral dispositions as well as possible. This set may consist of multiple probability functions. Then according to interpretivism, this makes it the case that your credal state is indeterminate. Our second argument begins with our (...) describing a world that plausibly has indeterminate chances. Rationality requires a certain alignment of your credences with corresponding hypotheses about the chances. Thus, if you hypothesize the chances to be indeterminate, your will inherit their indeterminacy in your corresponding credences. Our third argument is motivated by a dilemma. Epistemic rationality requires you to stay open-minded about contingent matters about which your evidence has not definitively legislated. Practical rationality requires you to be able to act decisively at least sometimes. These requirements can conflict with each other-for thanks to your open-mindedness, some of your options may have undefined expected utility, and if you are choosing among them, decision theory has no advice to give you. Such an option is playing Nover and Hájek’s Pasadena Game , and indeed any option for which there is a positive probability of playing the Pasadena Game. You can serve both masters, epistemic rationality and practical rationality, with an indeterminate credence to the prospect of playing the Pasadena game. You serve epistemic rationality by making your upper probability positive-it ensures that you are open-minded. You serve practical rationality by making your lower probability 0-it provides guidance to your decision-making. No sharp credence could do both. (shrink)

Roger White objects to interval-valued credence theories because they produce a counterintuitive “dilation” effect in a story he calls the Coin Game. We respond that results in the Coin Game were bound to be counterintuitive anyway, because the story involves an agent who learns a biconditional. Biconditional updates produce surprising results whether the credences involved are ranged or precise, so White's story is no counterexample to ranged credence theories.

We prove that the generalized cancellation axiom for incomplete comparative probability relations introduced by Rios Insua and Alon and Lehrer is stronger than the standard cancellation axiom for complete comparative probability relations introduced by Scott, relative to their other axioms for comparative probability in both the finite and infinite cases. This result has been suggested but not proved in the previous literature.

The principle of indifference states that in the absence of any relevant evidence, a rational agent will distribute their credence equally among all the possible outcomes under consideration. Despite its intuitive plausibility, PI famously falls prey to paradox, and so is widely rejected as a principle of ideal rationality. In this article, I present a novel rehabilitation of PI in terms of the epistemology of comparative confidence judgments. In particular, I consider two natural comparative reformulations of PI and argue that (...) while one of them prescribes the adoption of patently irrational epistemic states, the other provides a consistent formulation of PI that overcomes the most salient limitations of existing formulations. (shrink)

A critical examination of the Reflection principle in Bayesian epistemology, and of the diachronic Dutch-book-style arguments that have been invoked to support Reflection and Conditionalization.

Standard accuracy-based approaches to imprecise credences have the consequence that it is rational to move between precise and imprecise credences arbitrarily, without gaining any new evidence. Building on the Educated Guessing Framework of Horowitz (2019), we develop an alternative accuracy-based approach to imprecise credences that does not have this shortcoming. We argue that it is always irrational to move from a precise state to an imprecise state arbitrarily, however it can be rational to move from an imprecise state to a (...) precise state arbitrarily. (shrink)

Diachronic Dutch book arguments seem to support both conditionalization and Bas van Fraassen's Reflection principle. But the Reflection principle is vulnerable to numerous counterexamples. This essay addresses two questions: first, under what circumstances should an agent obey Reflection, and second, should the counterexamples to Reflection make us doubt the Dutch book for conditionalization? In response to the first question, this essay formulates a new "Qualified Reflection" principle, which states that an agent should obey Reflection only if he or she is (...) certain that he or she will conditionalize on veridical evidence in the future. Qualified Reflection follows from the probability calculus together with a few idealizing assumptions. The essay then formulates a "Distorted Reflection" principle that approximates Reflection even in cases where the agent is not quite certain that he or she will conditionalize on veridical evidence. In response to the second question, the essay argues that contrary to a common misconception, not all Dutch books dramatize incoherence—some dramatize a less blameworthy sort of epistemic frailty that the essay calls "self-doubt." The distinction between Dutch books that dramatize incoherence and those that dramatize self-doubt cross-cuts the distinction between synchronic and diachronic Dutch books. The essay explains why the Dutch book for conditionalization reveals true incoherence, whereas the Dutch book for Reflection reveals only self-doubt. (shrink)

This is a collection of twenty-five papers and reviews by the leading analytic philosopher of our time. It adds to the papers on metaphysics and epistemology to be found in his previous two-volume collection published by Oxford University Press. One previously unpublished paper—“Why Conditionalize?”—is included. Australasian philosophers may note with some pride that eleven of the pieces were first published in the Australasian Journal of Philosophy.

Bayesians standardly claim that there is rational pressure for agents’ credences to cohere across time because they face bad (epistemic or practical) consequences if they fail to diachronically cohere. But as David Christensen has pointed out, groups of individual agents also face bad consequences if they fail to interpersonally cohere, and there is no general rational pressure for one agent's credences to cohere with another’s. So it seems that standard Bayesian arguments may prove too much. Here, we agree with Christensen (...) that there is no general rational pressure to diachronically cohere, but we argue that there are particular cases in which there is rational pressure to diachronically cohere, as well as particular cases in which interpersonal probabilistic coherence is rationally required. More generally, we suggest that Bayesian arguments for coherence apply whenever a collection (of agents or time slices) has a shared dimension of value and an ability to coordinate their actions in a range of cases relevant to that value. Typically, this shared value and ability to coordinate is very strong across the time slices of one human being, and very weak across different human beings, but there are special cases where these can switch—i.e., some groups of humans will have as much reason for their beliefs to cohere across a particular range of cases as the time slices of one human usually do, but some time slices of a human will have as much freedom to differ in their beliefs from the others as the members of a group usually do. (shrink)

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..

We propose a model of uncertain belief. This models coherent beliefs by a filter, ????, on the set of probabilities. That is, it is given by a collection of sets of probabilities which are closed under supersets and finite intersections. This can naturally capture your probabilistic judgements. When you think that it is more likely to be sunny than rainy, we have{????|????(????????????????????)>????(????????????????????)}∈????. When you think that a gamble ???? is desirable, we have {????|Exp????[????]>0}∈????. It naturally extends the model of credal (...) sets; and we will show it captures all the expressive power of the desirable gambles model. It also captures the expressive power of sets of desirable gamble sets (with a mixing axiom, but no Archimadean axiom). (shrink)