David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Synthese 63 (2):203 - 232 (1985)
This paper proposes a view uniformly extending expected utility calculations to both individual and group choice contexts. Three related cases illustrate the problems inherent in applying expected utility to group choices. However, these problems do not essentially depend upon the tact that more than one agent is involved. I devise a modified strategy allowing the application of expected utility calculations to these otherwise problematic cases. One case, however, apparently leads to contradiction. But recognizing the falsity of proposition (1) below allows the resolution of the contradiction, and also allows my modified strategy to resolve otherwise paradoxical cases of group choice such as the Prisoners' Dilemma: -/- (1) lf an agent x knows options A and B are both available, and x knows that were he to do A he would be better off (in every respect) than were he to do B, then doing A is more rational for x than doing B.
|Keywords||rational choice decision theory group choice expected utility causal decision theory decision instability Prisoners' Dilemma Newcomb's Paradox|
|Categories||categorize this paper)|
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
No references found.
Citations of this work BETA
Wolfgang Schwarz (2015). Lost Memories and Useless Coins: Revisiting the Absentminded Driver. Synthese 192 (9):3011-3036.
Daniel Hunter (1994). Act Utilitarianism and Dynamic Deliberation. Erkenntnis 41 (1):1 - 35.
Leigh B. Kelley (1988). Reflections on Deliberative Coherence. Synthese 76 (1):83 - 121.
Similar books and articles
Charles F. Manski (2011). Actualist Rationality. Theory and Decision 71 (2):195-210.
David E. Buschena & David Zilberman (1999). Testing the Effects of Similarity on Risky Choice: Implications for Violations of Expected Utility. Theory and Decision 46 (3):253-280.
Darren Bradley (2013). Decision Theory, Philosophical Perspectives. In Hal Pashler (ed.), Encyclopedia of the Mind. Sage
John Quiggin (2001). Production Under Uncertainty and Choice Under Uncertainty in the Emergence of Generalized Expected Utility Theory. Theory and Decision 51 (2/4):125-144.
Klaus Nehring (2000). A Theory of Rational Choice Under Ignorance. Theory and Decision 48 (3):205-240.
Paul Weirich (1988). Hierarchical Maximization of Two Kinds of Expected Utility. Philosophy of Science 55 (4):560-582.
Bruno Verbeek (2008). Consequentialism and Rational Choice: Lessons From the Allais Paradox. Pacific Philosophical Quarterly 89 (1):86–116.
Stephen A. Clark (2000). Revealed Preference and Expected Utility. Theory and Decision 49 (2):159-174.
Daniel Hunter & Reed Richter (1978). Counterfactuals and Newcomb's Paradox. Synthese 39 (2):249 - 261.
Reed Richter (1984). Rationality Revisited. Australasian Journal of Philosophy 62 (4):392 – 403.
Added to index2009-01-28
Total downloads25 ( #153,091 of 1,796,218 )
Recent downloads (6 months)9 ( #85,286 of 1,796,218 )
How can I increase my downloads?