Subjunctive conditionals and revealed preference

Philosophy of Science 65 (4):545-574 (1998)
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Abstract

Subjunctive conditionals are fundamental to rational decision both in single agent and multiple agent decision problems. They need explicit analysis only when they cause problems, as they do in recent discussions of rationality in extensive form games. This paper examines subjunctive conditionals in the theory of games using a strict revealed preference interpretation of utility. Two very different models of games are investigated, the classical model and the limits of reality model. In the classical model the logic of backward induction is valid, but it does not use subjunctive conditionals; the relevant subjunctive conditionals do not even make sense. In the limits of reality model the subjunctive conditionals do make sense but backward induction is valid only under special assumptions.

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Brian Skyrms
University of California, Irvine

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Subjunctive Credences and Semantic Humility.Sarah Moss - 2012 - Philosophy and Phenomenological Research 87 (2):251-278.
Game Counterpossibles.Felipe Morales Carbonell - 2020 - Argumenta 6 (1):117-133.

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Pragmatics and Empiricism.Brian Skyrms - 1986 - British Journal for the Philosophy of Science 37 (4):514-516.
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Modeling Rational Players: Part I.Ken Binmore - 1987 - Economics and Philosophy 3 (2):179-214.

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