Philosophy of Science 55 (4):560-582 (1988)
Authors |
|
Abstract |
Causal decision theory produces decision instability in cases such as Death in Damascus where a decision itself provides evidence concerning the utility of options. Several authors have proposed ways of handling this instability. William Harper (1985 and 1986) advances one of the most elegant proposals. He recommends maximizing causal expected utility among the options that are causally ratifiable. Unfortunately, Harper's proposal imposes certain restrictions; for instance, the restriction that mixed strategies are freely available. To obtain a completely general method of handling decision instability, I step outside the confines of pure causal decision theory. I introduce a new kind of backtracking expected utility and propose maximizing it among the options that are causally ratifiable. In other words, I propose a hierarchical maximization of (1) conditional causal expected utility and (2) the new backtracking expected utility. I support this proposal with some intuitive considerations concerning the distinction between optimality and conditional optimality. And I prove that the proposal yields a solution in every finite decision problem
|
Keywords | No keywords specified (fix it) |
Categories | (categorize this paper) |
DOI | 10.1086/289461 |
Options |
![]() ![]() ![]() ![]() |
Download options
References found in this work BETA
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.
Pragmatics and Empiricism.Brian Skyrms - 1986 - British Journal for the Philosophy of Science 37 (4):514-516.
View all 14 references / Add more references
Citations of this work BETA
Why Take Both Boxes?Jack Spencer & Ian Wells - 2019 - Philosophy and Phenomenological Research 99 (1):27-48.
Self‐Reinforcing and Self‐Frustrating Decisions.Caspar Hare & Brian Hedden - 2016 - Noûs 50 (3):604-628.
Rational monism and rational pluralism.Jack Spencer - 2020 - Philosophical Studies 178 (6):1769-1800.
Cooperation, Psychological Game Theory, and Limitations of Rationality in Social Interaction.Andrew M. Colman - 2003 - Behavioral and Brain Sciences 26 (2):139-153.
Maximization, Stability of Decision, and Actions in Accordance with Reason.Jordan Howard Sobel - 1990 - Philosophy of Science 57 (1):60-77.
View all 9 citations / Add more citations
Similar books and articles
Decisions in Dynamic Settings.Paul Weirich - 1986 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1986:438 - 449.
Counterfactuals and Newcomb's Paradox.Daniel Hunter & Reed Richter - 1978 - Synthese 39 (2):249 - 261.
Revealed Preference and Expected Utility.Stephen A. Clark - 2000 - Theory and Decision 49 (2):159-174.
Extensions of Expected Utility Theory and Some Limitations of Pairwise Comparisons.Teddy Seidenfeld - unknown
Lottery Dependent Utility: A Reexamination.Ulrich Schmidt - 2001 - Theory and Decision 50 (1):35-58.
What Makes a Good Decision? Robust Satisficing as a Normative Standard of Rational Decision Making.Barry Schwartz, Yakov Ben-Haim & Cliff Dacso - 2011 - Journal for the Theory of Social Behaviour 41 (2):209-227.
Expected Utility and Constrained Maximization: Problems of Compatibility. [REVIEW]Hans Lottenbach - 1994 - Erkenntnis 41 (1):37 - 48.
Analytics
Added to PP index
2009-01-28
Total views
231 ( #49,307 of 2,519,682 )
Recent downloads (6 months)
3 ( #205,238 of 2,519,682 )
2009-01-28
Total views
231 ( #49,307 of 2,519,682 )
Recent downloads (6 months)
3 ( #205,238 of 2,519,682 )
How can I increase my downloads?
Downloads