The Value of Evidence and Ratificationism

Erkenntnis:1-25 (forthcoming)
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Abstract

In sequential decision problems, an act of learning cost-free evidence might be symptomatic, in the sense that performing this act itself provides evidence about states of the world it does nothing to causally promote. It is well known that orthodox causal decision theory, like its main rival evidential decision theory, may sanction such acts as rationally impermissible. This paper shows that, under plausible assumptions, a minimal version of ratificationist causal decision theory, known as principled ratificationism, fares better in this respect, for it never labels symptomatic acts of learning cost-free evidence as rationally impermissible.

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References found in this work

The Foundations of Statistics.Leonard J. Savage - 1954 - Synthese 11 (1):86-89.
Causal decision theory.David Lewis - 1981 - Australasian Journal of Philosophy 59 (1):5 – 30.
Counterfactuals and Two Kinds of Expected Utility.Allan Gibbard & William L. Harper - 1978 - In A. Hooker, J. J. Leach & E. F. McClennen (eds.), Foundations and Applications of Decision Theory. D. Reidel. pp. 125-162.
Distorted reflection.Rachael Briggs - 2009 - Philosophical Review 118 (1):59-85.

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