Results for 'Epistemic Utility Theory'

965 found
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  1. Epistemic utility theory’s difficult future.Chad Marxen - 2021 - Synthese 199 (3-4):7401-7421.
    According to epistemic utility theory, epistemic rationality is teleological: epistemic norms are instrumental norms that have the aim of acquiring accuracy. What’s definitive of these norms is that they can be expected to lead to the acquisition of accuracy when followed. While there’s much to be said in favor of this approach, it turns out that it faces a couple of worrisome extensional problems involving the future. The first problem involves credences about the future, and (...)
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  2. Downwards Propriety in Epistemic Utility Theory.Alejandro Pérez Carballo - 2023 - Mind 132 (525):30-62.
    Epistemic Utility Theory is often identified with the project of *axiology-first epistemology*—the project of vindicating norms of epistemic rationality purely in terms of epistemic value. One of the central goals of axiology-first epistemology is to provide a justification of the central norm of Bayesian epistemology, Probabilism. The first part of this paper presents a new challenge to axiology first epistemology: I argue that in order to justify Probabilism in purely axiological terms, proponents of axiology first (...)
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  3. Generalized Immodesty Principles in Epistemic Utility Theory.Alejandro Pérez Carballo - 2023 - Ergo: An Open Access Journal of Philosophy 10 (31):874–907.
    Epistemic rationality is typically taken to be immodest at least in this sense: a rational epistemic state should always take itself to be doing at least as well, epistemically and by its own light, than any alternative epistemic state. If epistemic states are probability functions and their alternatives are other probability functions defined over the same collection of proposition, we can capture the relevant sense of immodesty by claiming that epistemic utility functions are (strictly) (...)
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  4. An objection of varying importance to epistemic utility theory.Benjamin A. Levinstein - 2019 - Philosophical Studies 176 (11):2919-2931.
    Some propositions are more epistemically important than others. Further, how important a proposition is is often a contingent matter—some propositions count more in some worlds than in others. Epistemic Utility Theory cannot accommodate this fact, at least not in any standard way. For EUT to be successful, legitimate measures of epistemic utility must be proper, i.e., every probability function must assign itself maximum expected utility. Once we vary the importance of propositions across worlds, however, (...)
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  5. Epistemic Utility and the Normativity of Logic.Richard Pettigrew - 2017 - Logos and Episteme 8 (4):455-492.
    How does logic relate to rational belief? Is logic normative for belief, as some say? What, if anything, do facts about logical consequence tell us about norms of doxastic rationality? In this paper, we consider a range of putative logic-rationality bridge principles. These purport to relate facts about logical consequence to norms that govern the rationality of our beliefs and credences. To investigate these principles, we deploy a novel approach, namely, epistemic utility theory. That is, we assume (...)
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  6. Epistemic Decision Theory's Reckoning.Conor Mayo-Wilson & Gregory Wheeler - manuscript
    Epistemic decision theory (EDT) employs the mathematical tools of rational choice theory to justify epistemic norms, including probabilism, conditionalization, and the Principal Principle, among others. Practitioners of EDT endorse two theses: (1) epistemic value is distinct from subjective preference, and (2) belief and epistemic value can be numerically quantified. We argue the first thesis, which we call epistemic puritanism, undermines the second.
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  7. Accuracy and epistemic conservatism.Florian Steinberger - 2018 - Analysis 79 (4):658-669.
    Epistemic utility theory is generally coupled with veritism. Veritism is the view that truth is the sole fundamental epistemic value. Veritism, when paired with EUT, entails a methodological commitment: norms of epistemic rationality are justified only if they can be derived from considerations of accuracy alone. According to EUT, then, believing truly has epistemic value, while believing falsely has epistemic disvalue. This raises the question as to how the rational believer should balance the (...)
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  8. Epistemic Value and the Jamesian Goals.Sophie Horowitz - 2018 - In Kristoffer Ahlstrom-Vij & Jeff Dunn (eds.), Epistemic Consequentialism. Oxford: Oxford University Press.
    William James famously tells us that there are two main goals for rational believers: believing truth and avoiding error. I argues that epistemic consequentialism—in particular its embodiment in epistemic utility theory—seems to be well positioned to explain how epistemic agents might permissibly weight these goals differently and adopt different credences as a result. After all, practical versions of consequentialism render it permissible for agents with different goals to act differently in the same situation. -/- Nevertheless, (...)
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  9. ‘Risk in a Simple Temporal Framework for Expected Utility Theory and for SKAT, the Stages of Knowledge Ahead Theory’, Risk and Decision Analysis, 2(1), 5-32. selten co-author.Robin Pope & Reinhard Selten - 2010/2011 - Risk and Decision Analysis 2 (1).
    The paper re-expresses arguments against the normative validity of expected utility theory in Robin Pope (1983, 1991a, 1991b, 1985, 1995, 2000, 2001, 2005, 2006, 2007). These concern the neglect of the evolving stages of knowledge ahead (stages of what the future will bring). Such evolution is fundamental to an experience of risk, yet not consistently incorporated even in axiomatised temporal versions of expected utility. Its neglect entails a disregard of emotional and financial effects on well-being before a (...)
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  10. Epistemic Risk and the Demands of Rationality.Richard Pettigrew - 2022 - Oxford, UK: Oxford University Press.
    How much does rationality constrain what we should believe on the basis of our evidence? According to this book, not very much. For most people and most bodies of evidence, there is a wide range of beliefs that rationality permits them to have in response to that evidence. The argument, which takes inspiration from William James' ideas in 'The Will to Believe', proceeds from two premises. The first is a theory about the basis of epistemic rationality. It's called (...)
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  11. Lockeans Maximize Expected Accuracy.Kevin Dorst - 2019 - Mind 128 (509):175-211.
    The Lockean Thesis says that you must believe p iff you’re sufficiently confident of it. On some versions, the 'must' asserts a metaphysical connection; on others, it asserts a normative one. On some versions, 'sufficiently confident' refers to a fixed threshold of credence; on others, it varies with proposition and context. Claim: the Lockean Thesis follows from epistemic utility theory—the view that rational requirements are constrained by the norm to promote accuracy. Different versions of this theory (...)
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  12. Epistemic Modality and Hyperintensionality in Mathematics.David Elohim - unknown
    This book concerns the foundations of epistemic modality and hyperintensionality and their applications to the philosophy of mathematics. I examine the nature of epistemic modality, when the modal operator is interpreted as concerning both apriority and conceivability, as well as states of knowledge and belief. The book demonstrates how epistemic modality and hyperintensionality relate to the computational theory of mind; metaphysical modality and hyperintensionality; the types of mathematical modality and hyperintensionality; to the epistemic status of (...)
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  13. (1 other version)Forms of Luminosity: Epistemic Modality and Hyperintensionality in Mathematics.David Elohim - 2017 - Dissertation, Arché, University of St Andrews
    This book concerns the foundations of epistemic modality and hyperintensionality and their applications to the philosophy of mathematics. David Elohim examines the nature of epistemic modality, when the modal operator is interpreted as concerning both apriority and conceivability, as well as states of knowledge and belief. The book demonstrates how epistemic modality and hyperintensionality relate to the computational theory of mind; metaphysical modality and hyperintensionality; the types of mathematical modality and hyperintensionality; to the epistemic status (...)
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  14. How to (Blind)Spot the Truth: an investigation on actual epistemic value.Danilo Fraga Dantas - 2021 - Erkenntnis 88 (2):693-720.
    This paper is about the alethic aspect of epistemic rationality. The most common approaches to this aspect are either normative (what a reasoner ought to/may believe?) or evaluative (how rational is a reasoner?), where the evaluative approaches are usually comparative (one reasoner is assessed compared to another). These approaches often present problems with blindspots. For example, ought a reasoner to believe a currently true blindspot? Is she permitted to? Consequently, these approaches often fail in describing a situation of alethic (...)
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  15. Veritism and the normativity of logic.Nader Shoaibi - 2020 - Ratio 34 (1):7-19.
    The idea that logic is in some sense normative for thought and reasoning is a familiar one. Some of the most prominent figures in the history of philosophy including Kant and Frege have been among its defenders. The most natural way of spelling out this idea is to formulate wide-scope deductive requirements on belief which rule out certain states as irrational. But what can account for the truth of such deductive requirements of rationality? By far, the most prominent responses draw (...)
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  16. New Boundary Lines.Alejandro Pérez Carballo - manuscript
    Intellectual progress involves forming a more accurate picture of the world. But it also figuring out which concepts to use for theorizing about the world. Bayesian epistemology has had much to say about the former aspect of our cognitive lives, but little if at all about the latter. I outline a framework for formulating questions about conceptual change in a broadly Bayesian framework. By enriching the resources of Epistemic Utility Theory with a more expansive conception of (...) value, I offer a picture of our cognitive economy on which adopting new conceptual tools can sometimes be epistemically rational. (shrink)
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  17. Good Questions.Alejandro Pérez Carballo - 2018 - In Kristoffer Ahlstrom-Vij & Jeff Dunn (eds.), Epistemic Consequentialism. Oxford: Oxford University Press. pp. 123-145.
    Pérez Carballo adopts an epistemic utility theory picture of epistemic norms where epistemic utility functions measure the value of degrees of belief, and rationality consists in maximizing expected epistemic utility. Within this framework he seeks to show that we can make sense of the intuitive idea that some true beliefs—say true beliefs about botany—are more valuable than other true beliefs—say true beliefs about the precise number of plants in North Dakota. To do (...)
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  18. Veritism, Epistemic Risk, and the Swamping Problem.Richard Pettigrew - 2019 - Australasian Journal of Philosophy 97 (4):761-774.
    Veritism says that the fundamental source of epistemic value for a doxastic state is the extent to which it represents the world correctly: that is, its fundamental epistemic value is deter...
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  19. Transformative experience and the knowledge norms for action: Moss on Paul’s challenge to decision theory.Richard Pettigrew - 2020 - In John Schwenkler & Enoch Lambert (eds.), Becoming Someone New: Essays on Transformative Experience, Choice, and Change. Oxford University Press.
    to appear in Lambert, E. and J. Schwenkler (eds.) Transformative Experience (OUP) -/- L. A. Paul (2014, 2015) argues that the possibility of epistemically transformative experiences poses serious and novel problems for the orthodox theory of rational choice, namely, expected utility theory — I call her argument the Utility Ignorance Objection. In a pair of earlier papers, I responded to Paul’s challenge (Pettigrew 2015, 2016), and a number of other philosophers have responded in similar ways (Dougherty, (...)
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  20. Searching for Epistemic Norms that Matter.Dan Baras - forthcoming - Analysis.
    Epistemologists are engaged, among other things, in the business of formulating epistemic norms. That is, they formulate principles that tell us what we should believe and to what degree of confidence, or how to evaluate such epistemic states. In The End of Epistemology As We Know It, Brian Talbot argues that thus far, most of the theories resulting from these efforts are flawed. In this critical notice I examine three of his arguments.
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  21. Modality, expected utility, and hypothesis testing.WooJin Chung & Salvador Mascarenhas - 2023 - Synthese 202 (1):1-40.
    We introduce an expected-value theory of linguistic modality that makes reference to expected utility and a likelihood-based confirmation measure for deontics and epistemics, respectively. The account is a probabilistic semantics for deontics and epistemics, yet it proposes that deontics and epistemics share a common core modal semantics, as in traditional possible-worlds analysis of modality. We argue that this account is not only theoretically advantageous, but also has far-reaching empirical consequences. In particular, we predict modal versions of reasoning fallacies (...)
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  22. 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 (...)
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  23. Making Fit Fit.Michael Townsen Hicks - 2017 - Philosophy of Science 84 (5):931-943.
    Reductionist accounts of objective chance rely on a notion of fit, which ties the chances at a world to the frequencies at that world. Here, I criticize extant measures of the fit of a chance system and draw on recent literature in epistemic utility theory to propose a new model: chances fit a world insofar as they are accurate at that world. I show how this model of fit does a better job of explaining the normative features (...)
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  24. Less Work for Theories Natural Kinds.Matthew H. Slater - forthcoming - Philosophical Quarterly.
    What sort of philosophical work are natural kinds suited for? Scientific realists often contend that they provide the ‘aboutness’ of successful of scientific classification and explain their epistemic utility (among other side hustles). Recent history has revealed this to be a tricky job — particularly given the present naturalistic climate of philosophy of science. As a result, we’ve seen an explosion of different sorts of theories. This phenomenon that has suggested to some that philosophical theorizing about natural kinds (...)
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  25. The Right in the Good: A Defense of Teleological Non-Consequentialism in Epistemology.Clayton Littlejohn - 2018 - In Kristoffer Ahlstrom-Vij & Jeff Dunn (eds.), Epistemic Consequentialism. Oxford: Oxford University Press. pp. 23-47.
    There has been considerable discussion recently of consequentialist justifications of epistemic norms. In this paper, I shall argue that these justifications are not justifications. The consequentialist needs a value theory, a theory of the epistemic good. The standard theory treats accuracy as the fundamental epistemic good and assumes that it is a good that calls for promotion. Both claims are mistaken. The fundamental epistemic good involves accuracy, but it involves more than just that. (...)
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  26. Taking Control : The role of manipulation in theories of causation.Henning Strandin - 2019 - Dissertation, Stockholm University
    Causation has always been a philosophically controversial subject matter. While David Hume’s empiricist account of causation has been the dominant influence in analytic philosophy and science during modern times, a minority view has instead connected causation essentially to agency and manipulation. A related approach has for the first time gained widespread popularity in recent years, due to new powerful theories of causal inference in science that are based in a technical notion of intervention, and James Woodward’s closely connected interventionist (...) of causation in philosophy. This monograph assesses five manipulationist or interventionist theories of causation, viewed as theories that purport to tell us what causation is by providing us with the meaning of causal claims. It is shown that they cannot do this, as the conditions on causation that they impose are too weak, mainly due to ineliminable circularities in their definitions of causal terms. It is then argued that a subset of Woodward’s theory can nevertheless contribute crucially to an explanation of the unique role that manipulation has in our acquisition of causal knowledge. This explanation differs from the common regularist explanation of the epistemic utility of manipulation and experiment, and it is taken to confirm several important manipulationist intuitions. However, the success of the explanation depends on (this subset of) interventionism not itself being understood as a theory of causation, but as a theory of intervention. (shrink)
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  27. Respect for Persons: An Epistemic and Pragmatic Investigation.Peter B. M. Vranas - 2001 - Dissertation, University of Michigan
    We can distinguish two concepts of respect for persons: appraisal respect , an attitude based on a positive appraisal of a person's moral character, and recognition respect , the practice of treating persons with consideration based on the belief that they deserve such treatment. After engaging in an extended analysis of these concepts, I examine two "truisms" about them. We justifiably believe of some persons that they have good character and thus deserve our esteem . Frequently it pays to be (...)
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  28. Who Cares What You Accurately Believe?Clayton Littlejohn - 2015 - Philosophical Perspectives 29 (1):217-248.
    This is a critical discussion of the accuracy-first approach to epistemic norms. If you think of accuracy (gradational or categorical) as the fundamental epistemic good and think of epistemic goods as things that call for promotion, you might think that we should use broadly consequentialist reasoning to determine which norms govern partial and full belief. After presenting consequentialist arguments for probabilism and the normative Lockean view, I shall argue that the consequentialist framework isn't nearly as promising as (...)
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  29. 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 (...)
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  30. When propriety is improper.Kevin Blackwell & Daniel Drucker - 2019 - Philosophical Studies 176 (2):367-386.
    We argue that philosophers ought to distinguish epistemic decision theory and epistemology, in just the way ordinary decision theory is distinguished from ethics. Once one does this, the internalist arguments that motivate much of epistemic decision theory make sense, given specific interpretations of the formalism. Making this distinction also causes trouble for the principle called Propriety, which says, roughly, that the only acceptable epistemic utility functions make probabilistically coherent credence functions immodest. We cast (...)
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  31. Consequences of Calibration.Robert Williams & Richard Pettigrew - forthcoming - British Journal for the Philosophy of Science:14.
    Drawing on a passage from Ramsey's Truth and Probability, we formulate a simple, plausible constraint on evaluating the accuracy of credences: the Calibration Test. We show that any additive, continuous accuracy measure that passes the Calibration Test will be strictly proper. Strictly proper accuracy measures are known to support the touchstone results of accuracy-first epistemology, for example vindications of probabilism and conditionalization. We show that our use of Calibration is an improvement on previous such appeals by showing how it answers (...)
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  32. When the (Bayesian) ideal is not ideal.Danilo Fraga Dantas - 2023 - Logos and Episteme 15 (3):271-298.
    Bayesian epistemologists support the norms of probabilism and conditionalization using Dutch book and accuracy arguments. These arguments assume that rationality requires agents to maximize practical or epistemic value in every doxastic state, which is evaluated from a subjective point of view (e.g., the agent’s expectancy of value). The accuracy arguments also presuppose that agents are opinionated. The goal of this paper is to discuss the assumptions of these arguments, including the measure of epistemic value. I have designed AI (...)
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  33. Accuracy-First Epistemology Without Additivity.Richard Pettigrew - 2022 - Philosophy of Science 89 (1):128-151.
    Accuracy arguments for the core tenets of Bayesian epistemology differ mainly in the conditions they place on the legitimate ways of measuring the inaccuracy of our credences. The best existing arguments rely on three conditions: Continuity, Additivity, and Strict Propriety. In this paper, I show how to strengthen the arguments based on these conditions by showing that the central mathematical theorem on which each depends goes through without assuming Additivity.
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  34. Expected Utility Theory.Philippe Mongin - 1998 - In John Davis, Hands B., Mäki Wade & Uskali (eds.). Edward Elgar. pp. 342-350.
    The paper summarizes expected utility theory, both in its original von Neumann-Morgenstern version and its later developments, and discusses the normative claims to rationality made by this theory.
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  35. Intention: Hyperintensional Semantics and Decision Theory.David Elohim - manuscript
    This paper argues that the types of intention can be modeled both as modal operators and via a multi-hyperintensional semantics. I delineate the semantic profiles of the types of intention, and provide a precise account of how the types of intention are unified in virtue of both their operations in a single, encompassing, epistemic space, and their role in practical reasoning. I endeavor to provide reasons adducing against the proposal that the types of intention are reducible to the mental (...)
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  36. Accuracy, probabilism, and the insufficiency of the alethic.Corey Dethier - 2021 - Philosophical Studies 179 (7):2285-2301.
    The best and most popular argument for probabilism is the accuracy-dominance argument, which purports to show that alethic considerations alone support the view that an agent’s degrees of belief should always obey the axioms of probability. I argue that extant versions of the accuracy-dominance argument face a problem. In order for the mathematics of the argument to function as advertised, we must assume that every omniscient credence function is classically consistent; there can be no worlds in the set of dominance-relevant (...)
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  37. Expected utility theory, Jeffrey’s decision theory, and the paradoxes.Philippe Mongin & Jean Baccelli - 2020 - Synthese 199 (1):695-713.
    In Richard Bradley’s book, Decision Theory with a Human Face, we have selected two themes for discussion. The first is the Bolker-Jeffrey theory of decision, which the book uses throughout as a tool to reorganize the whole field of decision theory, and in particular to evaluate the extent to which expected utility theories may be normatively too demanding. The second theme is the redefinition strategy that can be used to defend EU theories against the Allais and (...)
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  38. What makes economics special: orientational paradigms.Paul Hoyningen-Huene & Harold Kincaid - 2023 - Journal of Economic Methodology (2):1-15.
    From the mid-1960s until the late 1980s, the well-known general philosophies of science of the time were applied to economics. The result was disappointing: none seemed to fit. This paper argues that this is due to a special feature of economics: it possesses ‘orientational paradigms’ in high number. Orientational paradigms are similar to Kuhn’s paradigms in that they are shared across scientific communities, but dissimilar to Kuhn’s paradigms in that they are not generally accepted as valid guidelines for further research. (...)
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  39. (1 other version)Utility theory and ethics.Mongin Philippe & D'Aspremont Claude - 1998 - In Salvador Barbera, Peter Hammond & Christian Seidl (eds.), Handbook of Utility Theory: Volume 1: Principles. Kluwer Academic Publishers. pp. 371-481.
    This chapter of the Handbook of Utility Theory aims at covering the connections between utility theory and social ethics. The chapter first discusses the philosophical interpretations of utility functions, then explains how social choice theory uses them to represent interpersonal comparisons of welfare in either utilitarian or non-utilitarian representations of social preferences. The chapter also contains an extensive account of John Harsanyi's formal reconstruction of utilitarianism and its developments in the later literature, especially when (...)
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  40. (1 other version)Scientific Rationality as Normative System.Vihren Bouzov - 2010 - LogosandEpisteme. An International Journal of Epistemology.
    ABSTRACT: Decision-theoretic approach and a nonlinguistic theory of norms are applied in the paper in an attempt to explain the nature of scientific rationality. It is considered as a normative system accepted by scientific community. When we say that a certain action is rational, we express a speaker’s acceptance of some norms concerning a definite action. Scientists can choose according to epistemic utility or other rules and values, which themselves have a variable nature. Rationality can be identified (...)
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  41. Rationalizing the Principal Principle for Non-Humean Chance.J. Khawaja - manuscript
    According to Humean theories of objective chance, the chances reduce to patterns in the history of occurrent events, such as frequencies. According to non-Humean accounts, the chances are metaphysically fundamental, existing independently of the "Humean Mosaic" of actually-occurring events. It is therefore possible, by the lights of non-Humeanism, for the chances and the frequencies to diverge wildly. Humeans often allege that this undermines the ability of non-Humean accounts of chance to rationalize adherence to David Lewis' Principal Principle (PP), which states (...)
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  42. A Pragmatist’s Guide to Epistemic Utility.Benjamin Anders Levinstein - 2017 - Philosophy of Science 84 (4):613-638.
    We use a theorem from M. J. Schervish to explore the relationship between accuracy and practical success. If an agent is pragmatically rational, she will quantify the expected loss of her credence with a strictly proper scoring rule. Which scoring rule is right for her will depend on the sorts of decisions she expects to face. We relate this pragmatic conception of inaccuracy to the purely epistemic one popular among epistemic utility theorists.
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  43. Belief gambles in epistemic decision theory.Mattias Skipper - 2021 - Philosophical Studies 178 (2):407-426.
    Don’t form beliefs on the basis of coin flips or random guesses. More generally, don’t take belief gambles: if a proposition is no more likely to be true than false given your total body of evidence, don’t go ahead and believe that proposition. Few would deny this seemingly innocuous piece of epistemic advice. But what, exactly, is wrong with taking belief gambles? Philosophers have debated versions of this question at least since the classic dispute between William Clifford and William (...)
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  44. Counterfactual Desirability.Richard Bradley & H. Orii Stefansson - 2017 - British Journal for the Philosophy of Science 68 (2):485-533.
    The desirability of what actually occurs is often influenced by what could have been. Preferences based on such value dependencies between actual and counterfactual outcomes generate a class of problems for orthodox decision theory, the best-known perhaps being the so-called Allais Paradox. In this paper we solve these problems by extending Richard Jeffrey's decision theory to counterfactual prospects, using a multidimensional possible-world semantics for conditionals, and showing that preferences that are sensitive to counterfactual considerations can still be desirability (...)
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  45. Duhemian Themes in Expected Utility Theory.Philippe Mongin - 2009 - In Gayon Anastasios Brenner and Jean (ed.), French Studies in the Philosophy of Science. Springer. pp. 303-357.
    This monographic chapter explains how expected utility (EU) theory arose in von Neumann and Morgenstern, how it was called into question by Allais and others, and how it gave way to non-EU theories, at least among the specialized quarters of decion theory. I organize the narrative around the idea that the successive theoretical moves amounted to resolving Duhem-Quine underdetermination problems, so they can be assessed in terms of the philosophical recommendations made to overcome these problems. I actually (...)
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  46. Ranking Multidimensional Alternatives and Uncertain Prospects.Philippe Mongin - 2015 - Journal of Economic Theory 157:146-171.
    We introduce a ranking of multidimensional alternatives, including uncertain prospects as a particular case, when these objects can be given a matrix form. This ranking is separable in terms of rows and columns, and continuous and monotonic in the basic quantities. Owing to the theory of additive separability developed here, we derive very precise numerical representations over a large class of domains (i.e., typically notof the Cartesian product form). We apply these representationsto (1)streams of commodity baskets through time, (2)uncertain (...)
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  47. A New Anti-Expertise Dilemma.Thomas Raleigh - 2021 - Synthese (3-4):1-19.
    Instability occurs when the very fact of choosing one particular possible option rather than another affects the expected values of those possible options. In decision theory: An act is stable iff given that it is actually performed, its expected utility is maximal. When there is no stable choice available, the resulting instability can seem to pose a dilemma of practical rationality. A structurally very similar kind of instability, which occurs in cases of anti-expertise, can likewise seem to create (...)
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  48. Expected comparative utility theory: A new theory of instrumental rationality.David Robert - manuscript
    This paper aims to address the question of how one ought to choose when one is uncertain about what outcomes will result from one’s choices, but when one can nevertheless assign probabilities to the different possible outcomes. These choices are commonly referred to as choices (or decisions) under risk. I assume in this paper that one ought to make instrumentally rational choices—more precisely, one ought to adopt suitable means to one’s morally permissible ends. Expected utility (EU) theory is (...)
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  49. Uncertainty, equality, fraternity.Rush T. Stewart - 2021 - Synthese 199 (3-4):9603-9619.
    Epistemic states of uncertainty play important roles in ethical and political theorizing. Theories that appeal to a “veil of ignorance,” for example, analyze fairness or impartiality in terms of certain states of ignorance. It is important, then, to scrutinize proposed conceptions of ignorance and explore promising alternatives in such contexts. Here, I study Lerner’s probabilistic egalitarian theorem in the setting of imprecise probabilities. Lerner’s theorem assumes that a social planner tasked with distributing income to individuals in a population is (...)
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  50. Dutch Books, Additivity, and Utility Theory.Brad Armendt - 1993 - Philosophical Topics 21 (1):1-20.
    One guide to an argument's significance is the number and variety of refutations it attracts. By this measure, the Dutch book argument has considerable importance.2 Of course this measure alone is not a sure guide to locating arguments deserving of our attention—if a decisive refutation has really been given, we are better off pursuing other topics. But the presence of many and varied counterarguments at least suggests that either the refutations are controversial, or that their target admits of more than (...)
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