Theory and Decision 46 (1):101-103 (1999)
We tell a story where an agent who chooses in such a way as to make the greatest possible profit on each of an infinite series of transactions ends up worse off than an agent who chooses in such a way as to make the least possible profit on each transaction. That is, contrary to what one might suppose, it is not necessarily rational always to choose the option that yields the greatest possible profit on each transaction
|Keywords||Decision theory Dutch book Puzzles|
|Categories||categorize this paper)|
References found in this work BETA
No references found.
Citations of this work BETA
A Proof of the Impossibility of Completing Infinitely Many Tasks.Jeremy Gwiazda - 2012 - Pacific Philosophical Quarterly 93 (1):1-7.
Satan, Saint Peter and Saint Petersburg.Paul Bartha, John Barker & Alan Hájek - 2014 - Synthese 191 (4):629-660.
Infinite Exchange Problems.Michael Scott & Alexander Scott - 2004 - Theory and Decision 57 (4):397-406.
Similar books and articles
A New Applied Approach for Executing Computations with Infinite and Infinitesimal Quantities.Yaroslav D. Sergeyev - 2008 - Informatica 19 (4):567-596.
Taking Tense Seriously in Differentiating Past and Future.William Lane Craig - 2010 - Faith and Philosophy 27 (4):451-456.
Originless Sin: Rational Dilemmas for Satisficers.Roy Sorenson - 2006 - Philosophical Quarterly 56 (223):213 - 223.
Barrett and Arntzenius's Infinite Decision Puzzle.Mark J. Machina - 2000 - Theory and Decision 49 (3):291-295.
Added to index2009-01-28
Total downloads75 ( #68,937 of 2,158,126 )
Recent downloads (6 months)3 ( #136,617 of 2,158,126 )
How can I increase my downloads?