Egan and agents: How evidential decision theory can deal with Egan’s dilemma

Synthese 192 (6):1883-1908 (2015)
Andy Egan has presented a dilemma for decision theory. As is well known, Newcomb cases appear to undermine the case for evidential decision theory. However, Egan has come up with a new scenario which poses difficulties for causal decision theory. I offer a simple solution to this dilemma in terms of a modified EDT. I propose an epistemological test: take some feature which is relevant to your evaluation of the scenarios under consideration, evidentially correlated with the actions under consideration albeit, causally independent of them. Hold this feature fixed as a hypothesis. The test shows that, in Newcomb cases, EDT would mislead the agent. Where the test shows EDT to be misleading, I propose to use fictive conditional credences in the EDT-formula under the constraint that they are set to equal values. I then discuss Huw Price’s defence of EDT as an alternative to my diagnosis. I argue that my solution also applies if one accepts the main premisses of Price’s argument. I close with applying my solution to Nozick’s original Newcomb problem.
Keywords Choice  Decision theory  Causal decision theory   Evidential decision theory  Egan  Newcomb
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DOI 10.1007/s11229-015-0661-0
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References found in this work BETA
The Nature of Rationality.Robert Nozick - 1993 - Princeton University Press.
Some Counterexamples to Causal Decision Theory.Andy Egan - 2007 - Philosophical Review 116 (1):93-114.
Causal Decision Theory.David Lewis - 1981 - Australasian Journal of Philosophy 59 (1):5 – 30.

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