David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Australasian Journal of Philosophy 89 (4):641 - 663 (2011)
Representation theorems are often taken to provide the foundations for decision theory. First, they are taken to characterize degrees of belief and utilities. Second, they are taken to justify two fundamental rules of rationality: that we should have probabilistic degrees of belief and that we should act as expected utility maximizers. We argue that representation theorems cannot serve either of these foundational purposes, and that recent attempts to defend the foundational importance of representation theorems are unsuccessful. As a result, we should reject these claims, and lay the foundations of decision theory on firmer ground.
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References found in this work BETA
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Citations of this work BETA
Rachael Briggs (forthcoming). Foundations of Probability. Journal of Philosophical Logic:1-16.
Kenny Easwaran (2015). Dr. Truthlove Or: How I Learned to Stop Worrying and Love Bayesian Probabilities. Noûs 49 (3):n/a-n/a.
Samir Okasha (forthcoming). On the Interpretation of Decision Theory. Economics and Philosophy:1-25.
Brian Hedden (2013). Incoherence Without Exploitability. Noûs 47 (3):482-495.
Florian Steinberger (2015). How Tolerant Can You Be? Carnap on Rationality. Philosophy and Phenomenological Research 91 (2):n/a-n/a.
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