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Actual value in decision theory

Analysis 82 (4):617-629 (2022)

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  1. Counterfactual Decision Theory.Brian Hedden - 2023 - Mind 132 (527):730-761.
    I defend counterfactual decision theory, which says that you should evaluate an action in terms of which outcomes would likely obtain were you to perform it. Counterfactual decision theory has traditionally been subsumed under causal decision theory as a particular formulation of the latter. This is a mistake. Counterfactual decision theory is importantly different from, and superior to, causal decision theory, properly so called. Causation and counterfactuals come apart in three kinds of cases. In cases of overdetermination, an action can (...)
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  • Jeffrey imaging revisited.Melissa Fusco - 2023 - Analysis 83 (3):447-464.
    In ‘The logic of partial supposition’ (Analysis vol. 81), Benjamin Eva and Stephan Hartmann investigate partial imaging, a credence-revision method which combines the partiality familiar from Jeffrey Conditioning(The Logic of Decision, 1983) with the formal notion of imaging familiar from Lewis’s ‘Causal decision theory’ (1981). They argue that because partial imaging is non-monotonic, it ‘fail[s] to provide a plausible account of the norms of partial subjunctive suppositions’.In this note, I present a notion of partial imaging that does satisfy monotonicity, and (...)
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  • Accurate Updating.Ginger Schultheis - forthcoming - Philosophy of Science.
    Accuracy-first epistemology says that the rational update rule is the rule that maximizes expected accuracy. Externalism says, roughly, that we do not always know what our total evidence is. It’s been argued in recent years that the externalist faces a dilemma: Either deny that Bayesian Conditionalization is the rational update rule, thereby rejecting traditional Bayesian epistemology, or else deny that the rational update rule is the rule that maximizes expected accuracy, thereby rejecting the accuracy-first program. Call this the Bayesian Dilemma. (...)
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