Authors
J. Dmitri Gallow
University of Pittsburgh
Abstract
A handful of well-known arguments (the 'diachronic Dutch book arguments') rely upon theorems establishing that, in certain circumstances, you are immune from sure monetary loss (you are not 'diachronically Dutch bookable') if and only if you adopt the strategy of conditionalizing (or Jeffrey conditionalizing) on whatever evidence you happen to receive. These theorems require non-trivial assumptions about which evidence you might acquire---in the case of conditionalization, the assumption is that, if you might learn that e, then it is not the case that you might learn something else that is consistent with e. These assumptions may not be relaxed. When they are, not only will non-(Jeffrey) conditionalizers be immune from diachronic Dutch bookability, but (Jeffrey) conditionalizers will themselves be diachronically Dutch bookable. I argue: 1) that there are epistemic situations in which these assumptions are violated; 2) that this reveals a conflict between the premise that susceptibility to sure monetary loss is irrational, on the one hand, and the view that rational belief revision is a function of your prior beliefs and the acquired evidence alone, on the other; and 3) that this inconsistency demonstrates that diachronic Dutch book arguments for (Jeffrey) conditionalization are invalid.
Keywords Dutch Books  Conditionalization  Jeffrey Conditionalization
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Reprint years 2016, 2017, 2019
DOI 10.1111/phpr.12471
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References found in this work BETA

Knowledge and its Limits.Timothy Williamson - 2000 - Oxford University Press.
The Logic of Decision.Richard C. Jeffrey - 1965 - University of Chicago Press.
Elusive Knowledge.David K. Lewis - 1996 - Australasian Journal of Philosophy 74 (4):549 – 567.
Knowledge and Its Limits.Timothy Williamson - 2000 - Philosophy 76 (297):460-464.
Knowledge and its Limits.Timothy Williamson - 2000 - Tijdschrift Voor Filosofie 64 (1):200-201.

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Citations of this work BETA

Conditional Probabilities.Kenny Easwaran - 2019 - In Richard Pettigrew & Jonathan Weisberg (eds.), The Open Handbook of Formal Epistemology. PhilPapers Foundation. pp. 131-198.
Externalism and Exploitability.Nilanjan Das - forthcoming - Philosophy and Phenomenological Research.

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