The strict dominance principle that a wager always paying better than another is rationally preferable is one of the least controversial principles in decision theory. I shall show that (given the Axiom of Choice) there is a contradiction between strict dominance and plausible isomorphism or symmetry conditions, by showing how in several natural cases one can construct isomorphic wagers one of which strictly dominates the other. In particular, I will show that there is a pair of wagers on the outcomes (...) of a uniform spinner which differ simply in where the zero degrees point of the spinner is defined to be but where one wager dominates the other. I shall also argue that someone who accepts Williamson’s famous argument that the probability of an infinite sequence of heads is zero should accept the symmetry conditions, and thus has reason to weaken the strict dominance principle, and I shall propose a restriction of the principle to “implementable” wagers. Our main result also has implications for social choice principles. (shrink)

With reference to an already existing and relatively widespread use of the expression in question, mathematical “thought experiments” (“TEs”) involve mathematical reasoning in which visualisation plays a relatively more important role. But to ensure an unambiguous and consistent use of the term, certain conditions have to be met: (1) Contrary to what has happened so far in the literature, the distinction between logical-formal thinking and experimental-operational thinking must not be ignored; (2) The separation between the context of discovery and the (...) context of justification is to be rejected, at least in one of the main senses in which it was defended by the logical empiricists and Popper (this excludes any position which, ascribing to mathematical TEs only a heuristic role, regards them an intermediate step to attain more traditional forms of rigour); (3) The distinction between mathematical TEs and formal proofs must be regarded as one of degree, and not as a qualitative one, although this distinction may be used in a de facto way for particular or local purposes. (shrink)