Degrees of Belief

We propose a method for estimating subjective beliefs, viewed as a subjective probability distribution. The key insight is to characterize beliefs as a parameter to be estimated from observed choices in a well-defined experimental task and to estimate that parameter as a random coefficient. The experimental task consists of a series of standard lottery choices in which the subject is assumed to use conventional risk attitudes to select one lottery or the other and then a series of betting choices in (...) which the subject is presented with a range of bookies offering odds on the outcome of some event that the subject has a belief over. Knowledge of the risk attitudes of subjects conditions the inferences about subjective beliefs. Maximum simulated likelihood methods are used to estimate a structural model in which subjects employ subjective beliefs to make bets. We present evidence that some subjective probabilities are indeed best characterized as probability distributions with non-zero variance. (shrink)

To what extent do our beliefs, and how strongly we hold them, depend upon how they matter to us, on what we take to be at stake on them? The idea that beliefs are sometimes stake-sensitive (Armendt 2008, 2013) is further explored here, with a focus on whether beliefs may be stake-sensitive and rational. In contexts of extended deliberation about what to do, beliefs and assessments of options interact. In some deliberations, a belief about what you will do may rationally (...) influence your estimate of the value of doing it; deliberation dynamics provides a framework for modeling such interactions. A distinction is drawn between sensitivity to the magnitude of the stakes, and sensitivity to the shape of the stakes. Contexts of extended deliberation are settings in which some beliefs that p rationally depend on the shape of the stakes on p. The dependence is either rational stake-sensitivity or an outcome of rational learning; empirical evidence concerning contexts of deliberation may lead us to model rational beliefs in one way or the other. (shrink)

Does the strength of a particular belief depend upon the significance we attach to it? Do we move from one context to another, remaining in the same doxastic state concerning p yet holding a stronger belief that p in one context than in the other? For that to be so, a doxastic state must have a certain sort of context-sensitive complexity. So the question is about the nature of belief states, as we understand them, or as we think a theory (...) should model them. I explore the idea and how it relates to work on imprecise probabilities and second-order confidence. (shrink)

The idea that beliefs may be stake-sensitive is explored. This is the idea that the strength with which a single, persistent belief is held may vary and depend upon what the believer takes to be at stake. The stakes in question are tied to the truth of the belief—not, as in Pascal’s wager and other cases, to the belief’s presence. Categorical beliefs and degrees of belief are considered; both kinds of account typically exclude the idea and treat belief as stake-invariant (...) , though an exception is briefly described. The role of the assumption of stake-invariance in familiar accounts of degrees of belief is also discussed, and morals are drawn concerning finite and countable Dutch book arguments. (shrink)

What can rational deliberation indicate about belief? Belief clearly influences deliberation. The principle that rational belief is stake-invariant rules out at least one way that deliberation might influence belief. The principle is widely, if implicitly, held in work on the epistemology of categorical belief, and it is built into the model of choice-guiding degrees of belief that comes to us from Ramsey and de Finetti. Criticisms of subjective probabilism include challenges to the assumption of additive values (the package principle) employed (...) by defenses of probabilism. But the value-interaction phenomena often cited in such challenges are excluded by stake-invariance. A comparison with treatments of categorical belief suggests that the appeal to stake-invariance is not ad hoc. Whether or not to model belief as stake-invariant is a question not settled here. (shrink)

On the work of Frank Ramsey, emphasizing topics most relevant to philosophy of science.

One guide to an argument's significance is the number and variety of refutations it attracts. By this measure, the Dutch book argument has considerable importance.2 Of course this measure alone is not a sure guide to locating arguments deserving of our attention—if a decisive refutation has really been given, we are better off pursuing other topics. But the presence of many and varied counterarguments at least suggests that either the refutations are controversial, or that their target admits of more than (...) one interpretation, or both. The main point of this paper is to focus on a way of understanding the Dutch Book argument (DBA) that avoids many of the well-known criticisms, and to consider how it fares against an important criticism that still remains: the objection that the DBA presupposes value-independence of bets. (shrink)

We pose and resolve several vexing decision theoretic puzzles. Some are variants of existing puzzles, such as 'Trumped' (Arntzenius and McCarthy 1997), 'Rouble trouble' (Arntzenius and Barrett 1999), 'The airtight Dutch book' (McGee 1999), and 'The two envelopes puzzle' (Broome 1995). Others are new. A unified resolution of the puzzles shows that Dutch book arguments have no force in infinite cases. It thereby provides evidence that reasonable utility functions may be unbounded and that reasonable credence functions need not be countably (...) additive. The resolution also shows that when infinitely many decisions are involved, the difference between making the decisions simultaneously and making them sequentially can be the difference between riches and ruin. Finally, the resolution reveals a new way in which the ability to make binding commitments can save perfectly rational agents from sure losses. (shrink)

The ‘Principal Principle’ states, roughly, that one's subjective probability for a proposition should conform to one's beliefs about that proposition's objective chance of coming true. David Lewis has argued (i) that this principle provides the defining role for chance; (ii) that it conflicts with his reductionist thesis of Humean supervenience, and so must be replaced by an amended version that avoids the conflict; hence (iii) that nothing perfectly deserves the name ‘chance’, although something can come close enough by playing the (...) role picked out by the amended principle. We show that in fact there must be ‘chances’ that perfectly play what Lewis takes to be the defining role. But this is not the happy conclusion it might seem, since these ‘chances’ behave too strangely to deserve the name. The lesson is simple: much more than the Principal Principle—more to the point, much more than the connection between chance and credence—informs our understanding of objective chance. 1 Introduction 2 Preliminaries 3 Undermining futures and the New Principle 4 The Old Principle rescued? 5 The New Bug 6 Conclusion. (shrink)

Traditional definitions of lying require that a speaker believe that what she asserts is false. Sam Fox Krauss seeks to jettison the traditional belief requirement in favour of a necessary condition given in a credence-accuracy framework, on which the liar expects to impose the risk of increased inaccuracy on the hearer. He argues that this necessary condition importantly captures nearby cases as lies which the traditional view neglects. I argue, however, that Krauss's own account suffers from an identical drawback of (...) being unable to explain nearby cases; and even worse, that account fails to distinguish cases of telling lies from cases of telling the truth. (shrink)

The error theory is a metaethical theory that maintains that normative judgments are beliefs that ascribe normative properties, and that these properties do not exist. In a recent paper, Bart Streumer argues that it is impossible to fully believe the error theory. Surprisingly, he claims that this is not a problem for the error theorist: even if we can’t fully believe the error theory, the good news is that we can still come close to believing the error theory. In this (...) paper I show that Streumer’s arguments fail. First, I lay out Streumer’s argument for why we can’t believe the error theory. Then, I argue against the unbelievability of the error theory. Finally, I show that Streumer’s positive proposal that we can come close to believing the error theory is actually undermined by his own argument for why we can’t believe the error theory. (shrink)

Bruno de Finetti is one of the founding fathers of the subjectivist school of probability, where probabilities are interpreted as rational degrees of belief. His work on the relation between the theorems of probability and rationality is among the corner stones of modern subjective probability theory. De Finetti maintained that rationality requires that degrees of belief be coherent, and he argued that the whole of probability theory could be derived from these coherence conditions. De Finetti’s interpretation of probability has been (...) highly influential in science. This paper focuses on the application of this interpretation to quantum mechanics. We argue that de Finetti held that the coherence conditions of degrees of belief in events depend on their verifiability. Accordingly, the standard coherence conditions of degrees of belief that are familiar from the literature on subjective probability only apply to degrees of belief in events which could be jointly verified; and the coherence conditions of degrees of belief in events that cannot be jointly verified are weaker. While the most obvious explanation of de Finetti’s verificationism is the influence of positivism, we argue that it could be motivated by the radical subjectivist and instrumental nature of probability in his interpretation; for as it turns out, in this interpretation it is difficult to make sense of the idea of coherent degrees of belief in, and accordingly probabilities of unverifiable events. We then consider the application of this interpretation to quantum mechanics, concentrating on the Einstein-Podolsky-Rosen experiment and Bell’s theorem. (shrink)

Cet article se propose de montrer que l’éthique de la croyance, si elle permet de clarifier certains problèmes épistémiques, a le tort d’être utilisée à des fins pour lesquelles le réseau conceptuel de l’éthique est inadéquat. Dans ce but, je présente d’abord la thèse de la divergence et les arguments qui militent en sa faveur. J’indique ensuite pourquoi ces arguments ne sont pas concluants en examinant de plus près les rapports existant entre raisons épistémiques et raisons pratiques. Cette discussion se (...) fonde sur la conviction que l’évidentialisme est la position la plus défendable en ce qui a trait à l’éthique de la croyance, affirmation sur laquelle je m’explique rapidement en fin de parcours. (shrink)

For me, belief is not an all-or-nothing thing—believe or disbelieve, accept or reject. Instead, I have degrees of belief, a subjective probability distribution over different possible ways the world could be. This means I am constantly changing my mind about all sorts of things, as I reflect or gain more evidence. While I don’t always think explicitly in terms of probabilities, I often do so when I give careful consideration to some matter. And when I reflect on my own cognitive (...) processes, I must acknowledge the graduated nature of my beliefs. (shrink)

The Puzzle of the Hats is a puzzle in social epistemology. It describes a situation in which a group of rational agents with common priors and common goals seems vulnerable to a Dutch book if they are exposed to different information and make decisions independently. Situations in which this happens involve violations of what might be called the Group-Reflection Principle. As it turns out, the Dutch book is flawed. It is based on the betting interpretation of the subjective probabilities, but (...) ignores the fact that this interpretation disregards strategic considerations that might influence betting behavior. A lesson to be learned concerns the interpretation of probabilities in terms of fair bets and, more generally, the role of strategic considerations in epistemic contexts. Another lesson concerns Group-Reflection, which in its unrestricted form is highly counter-intuitive. We consider how this principle of social epistemology should be re-formulated so as to make it tenable. (shrink)

Foundations of Bayesianism is an authoritative collection of papers addressing the key challenges that face the Bayesian interpretation of probability today. Some of these papers seek to clarify the relationships between Bayesian, causal and logical reasoning. Others consider the application of Bayesianism to artificial intelligence, decision theory, statistics and the philosophy of science and mathematics. The volume includes important criticisms of Bayesian reasoning and also gives an insight into some of the points of disagreement amongst advocates of the Bayesian approach. (...) The upshot is a plethora of new problems and directions for Bayesians to pursue.The book will be of interest to graduate students or researchers who wish to learn more about Bayesianism than can be provided by introductory textbooks to the subject. Those involved with the applications of Bayesian reasoning will find essential discussion on the validity of Bayesianism and its limits, while philosophers and others interested in pure reasoning will find new ideas on normativity and the logic of belief. (shrink)

Decision-making typically requires judgments about causal relations: we need to know the causal effects of our actions and the causal relevance of various environmental factors. We investigate how several individuals' causal judgments can be aggregated into collective causal judgments. First, we consider the aggregation of causal judgments via the aggregation of probabilistic judgments, and identify the limitations of this approach. We then explore the possibility of aggregating causal judgments independently of probabilistic ones. Formally, we introduce the problem of causal-network aggregation. (...) Finally, we revisit the aggregation of probabilistic judgments when this is constrained by prior aggregation of qualitative causal judgments. (shrink)

There are currently two robust traditions in philosophy dealing with doxastic attitudes: the tradition that is concerned primarily with all-or-nothing belief, and the tradition that is concerned primarily with degree of belief or credence. This paper concerns the relationship between belief and credence for a rational agent, and is directed at those who may have hoped that the notion of belief can either be reduced to credence or eliminated altogether when characterizing the norms governing ideally rational agents. It presents a (...) puzzle which lends support to two theses. First, that there is no formal reduction of a rational agent’s beliefs to her credences, because belief and credence are each responsive to different features of a body of evidence. Second, that if our traditional understanding of our practices of holding each other responsible is correct, then belief has a distinctive role to play, even for ideally rational agents, that cannot be played by credence. The question of which avenues remain for the credence-only theorist is considered. (shrink)

In “Can it be rational to have faith?”, it was argued that to have faith in some proposition consists, roughly speaking, in stopping one’s search for evidence and committing to act on that proposition without further evidence. That paper also outlined when and why stopping the search for evidence and acting is rationally required. Because the framework of that paper was that of formal decision theory, it primarily considered the relationship between faith and degrees of belief, rather than between faith (...) and belief full stop. This paper explores the relationship between rational faith and justified belief, by considering four prominent proposals about the relationship between belief and degrees of belief, and by examining what follows about faith and belief according to each of these proposals. It is argued that we cannot reach consensus concerning the relationship between faith and belief at present because of the more general epistemological lack of consensus over how belief relates to rationality: in particular, over how belief relates to the degrees of belief it is rational to have given one’s evidence. (shrink)

We distinguish between two categories of belief—thin belief and thick belief—and provide evidence that they approximate genuinely distinct categories within folk psychology. We use the distinction to make informative predictions about how laypeople view the relationship between knowledge and belief. More specifically, we show that if the distinction is genuine, then we can make sense of otherwise extremely puzzling recent experimental findings on the entailment thesis (i.e. the widely held philosophical thesis that knowledge entails belief). We also suggest that the (...) distinction can be applied to debates in the philosophy of mind and metaethics. (shrink)

It is often claimed that Plato’s definition of knowledge as “true opinion with an account” is in agreement with the contemporary analysis of knowledge as “justified true belief”. Some scholars disagree with the attribution of JTB to Plato. I analyze three influential arguments against the assumption of Plato’s agreement with JTB, and refute them. Then I provide my own argument against the assumption. I argue that the contemporary interpretation of the JTB formula understands “belief” not in the sense of an (...) “opinion,” but rather of a “degree of confidence.” Accordingly, “justification” is understood not as applying to the opinion itself, but rather to the person having a certain degree of confidence. I support this claim by showing the difference between the traditional and the contemporary understanding of “evidence,” the former referring to a property of the proposition, while the latter meaning the body of reasons, which supports the person’s confidence to a certain degree. Thus, I conclude that Plato understands knowledge as “correct opinion validated by a rational explanation,” and it has very little in common with the contemporary understanding of knowledge as “sufficiently supported subjective degree of confidence in the truth of a proposition.”. (shrink)

Probabilism is the view that a rational agent's credences should always be probabilistically coherent. It has been argued that Probabilism follows, given the assumption that an epistemically rational agent ought to try to have credences that represent the world as accurately as possible. The key claim in this argument is that the goal of representing the world as accurately as possible is best served by having credences that are probabilistically coherent. This essay shows that this claim is false. In certain (...) cases, the goal of having accurate credences is best served by being probabilistically incoherent. Assuming that an epistemically rational agent ought to try to have credences that are as accurate as possible, it follows that in certain cases a rational agent ought to have probabilistically incoherent credences. (shrink)

The Preface Paradox apparently shows that it is sometimes rational to believe logically incompatible propositions. In this paper, I propose a way out of the paradox based on the ideas of fallibilism and verisimilitude. More precisely, I defend the view that a rational inquirer can fallibly believe or accept a proposition which is false, or likely false, but verisimilar; and I argue that this view makes the Preface Paradox disappear. Some possible objections to my proposal, and an alternative view of (...) fallible belief, are briefly discussed in the final part of the paper. (shrink)

The so-called Preface Paradox seems to show that one can rationally believe two logically incompatible propositions. We address this puzzle, relying on the notions of truthlikeness and approximate truth as studied within the post-Popperian research programme on verisimilitude. In particular, we show that adequately combining probability, approximate truth, and truthlikeness leads to an explanation of how rational belief is possible in the face of the Preface Paradox. We argue that our account is superior to other solutions of the paradox, including (...) a recent one advanced by Hannes Leitgeb (Analysis 74.1). (shrink)

As the ongoing literature on the paradoxes of the Lottery and the Preface reminds us, the nature of the relation between probability and rational acceptability remains far from settled. This article provides a novel perspective on the matter by exploiting a recently noted structural parallel with the problem of judgment aggregation. After offering a number of general desiderata on the relation between finite probability models and sets of accepted sentences in a Boolean sentential language, it is noted that a number (...) of these constraints will be satisfied if and only if acceptable sentences are true under all valuations in a distinguished non-empty set W. Drawing inspiration from distance-based aggregation procedures, various scoring rule based membership conditions for W are discussed and a possible point of contact with ranking theory is considered. The paper closes with various suggestions for further research. (shrink)

In a recent article, Douven and Williamson offer both (i) a rebuttal of various recent suggested sufficient conditions for rational acceptability and (ii) an alleged ‘generalization’ of this rebuttal, which, they claim, tells against a much broader class of potential suggestions. However, not only is the result mentioned in (ii) not a generalization of the findings referred to in (i), but in contrast to the latter, it fails to have the probative force advertised. Their paper does however, if unwittingly, bring (...) us a step closer to a precise characterization of an important class of rationally unacceptable propositions—the class of lottery propositions for equiprobable lotteries. This helps pave the way to the construction of a genuinely lottery-paradox-proof alternative to the suggestions criticized in (i). (shrink)

In this unique monograph, based on years of extensive work, Chatterjee presents the historical evolution of statistical thought from the perspective of various approaches to statistical induction. Developments in statistical concepts and theories are discussed alongside philosophical ideas on the ways we learn from experience.

What role, if any, does formal logic play in characterizing epistemically rational belief? Traditionally, belief is seen in a binary way - either one believes a proposition, or one doesn't. Given this picture, it is attractive to impose certain deductive constraints on rational belief: that one's beliefs be logically consistent, and that one believe the logical consequences of one's beliefs. A less popular picture sees belief as a graded phenomenon.

Both Representation Theorem Arguments and Dutch Book Arguments support taking probabilistic coherence as an epistemic norm. Both depend on connecting beliefs to preferences, which are not clearly within the epistemic domain. Moreover, these connections are standardly grounded in questionable definitional/metaphysical claims. The paper argues that these definitional/metaphysical claims are insupportable. It offers a way of reconceiving Representation Theorem arguments which avoids the untenable premises. It then develops a parallel approach to Dutch Book Arguments, and compares the results. In each case (...) preferencedefects serve as a diagnostic tool, indicating purely epistemic defects. (shrink)

The preface paradox does not show that it can be rational to have inconsistent beliefs, because preface writers do not have inconsistent beliefs. I argue, first, that a fully satisfactory solution to the preface paradox would have it that the preface writer's beliefs are consistent. The case here is on basic intuitive grounds, not the consequence of a theory of rationality or of belief. Second, I point out that there is an independently motivated theory of belief – sensitivism – which (...) allows such a solution. I sketch a sensitivist account of the preface writer's doxastic state. (shrink)

This paper argues for two theses: that degrees of belief are context sensitive; that outright belief is belief to degree 1. The latter thesis is rejected quickly in most discussions of the relationship between credence and belief, but the former thesis undermines the usual reasons for doing so. Furthermore, identifying belief with credence 1 allows nice solutions to a number of problems for the most widely-held view of the relationship between credence and belief, the threshold view. I provide a sketch (...) of a formal framework on which both theses are true. This is a modified Bayesian framework; I argue that despite making credences context-sensitive, the framework lets Bayesians hold on to their signature explanatory successes. The sort of context-sensitivity claimed for credences here mirrors the sort of context-sensitivity I have elsewhere claimed for outright belief: one's credences depend, in part, on the space of alternative possibilities one takes seriously in a context. (shrink)

In this article, I discuss an argument that purports to prove that probability theory is the only sensible means of dealing with uncertainty. I show that this argument can succeed only if some rather controversial assumptions about the nature of uncertainty are accepted. I discuss these assumptions and provide reasons for rejecting them. I also present examples of what I take to..

This book is an extensive survey and critical examination of the literature on the use of expert opinion in scientific inquiry and policy making. The elicitation, representation, and use of expert opinion is increasingly important for two reasons: advancing technology leads to more and more complex decision problems, and technologists are turning in greater numbers to "expert systems" and other similar artifacts of artificial intelligence. Cooke here considers how expert opinion is being used today, how an expert's uncertainty is or (...) should be represented, how people do or should reason with uncertainty, how the quality and usefulness of expert opinion can be assessed, and how the views of several experts might be combined. He argues for the importance of developing practical models with a transparent mathematic foundation for the use of expert opinion in science, and presents three tested models, termed "classical," "Bayesian," and "psychological scaling." Detailed case studies illustrate how they can be applied to a diversity of real problems in engineering and planning. (shrink)

Subjective probability considered as a logic of partial belief succumbs to three fundamental fallacies. These concern the representation of preference via expectation, the measurability of partial belief, and the normalization of belief.

The volume includes important criticisms of Bayesian reasoning and also gives an insight into some of the points of disagreement amongst advocates of the ...

(1976). PROBABILITY, LIKELIHOOD AND SUPPORT: A METAMATHEMATICAL APPROACH TO A SYSTEM OF AXIOMS FOR UPPER AND LOWER DEGREES OF BELIEF. Philosophical Papers: Vol. 5, No. 2, pp. 153-161.