Pitfalls for realistic decision theory: an illustration from sequential choice

Synthese 176 (1):23 - 40 (2010)
Abstract
Decision theory is a theory of rationality, but the concept of rationality has several different dimensions. Making decision theory more realistic with respect to one dimension may well have the result of making it less realistic in another dimension. This paper illustrates this tension in the context of sequential choice. Trying to make decision theory more realistic by accommodating resoluteness and commitment brings the normative assessment dimension of rationality into conflict with the action-guiding dimension. In the case of resolute choice the conflict comes because of a clash of perspectives. The perspective from which resolute choice seems normatively compelling is not the perspective from which it can serve the purpose of guiding action
Keywords Rationality  Decision theory  Sequential choice  Resolute choice  Sophisticated choice
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 11,825
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA
John Broome (2004). Weighing Lives. Oxford University Press.
Richard C. Jeffrey (1974). Preference Among Preferences. Journal of Philosophy 71 (13):377-391.

View all 9 references

Citations of this work BETA
Similar books and articles
Analytics

Monthly downloads

Added to index

2009-04-06

Total downloads

74 ( #20,199 of 1,100,049 )

Recent downloads (6 months)

5 ( #66,994 of 1,100,049 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Start a new thread
Order:
There  are no threads in this forum
Nothing in this forum yet.