Conjectures and Rational Preferences

Philosophy Research Archives 10:173-188 (1984)
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Abstract

I survey the difficulties of several probabilistic views of non-deductive argument and of inductive probability and propose to explicate non-deductive reasoning in terms of rational preference. Following a critical examination of Popper’s allegedly deductive theory of rational preference, I draw upon the work of Popper and Rescher to present my view which includes: (i) the conjecturing of a set of alternative answers to or theories or hypotheses about the questions prompting the inquiry and (ii) the “reduction” of this set via plausibilistic principles of rational preference.

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