Money Pumps, Diachronic and Synchronic

Yair Levy
Tel Aviv University
The Money Pump argument is designed to demonstrate the irrational flaw of having cyclic preferences, by showing how the irrational agent is vulnerable to exploitation. The argument faces some longstanding objections, which point out how one may avoid the threat of exploitation without resolving the associated irrationality. Recently a new, synchronic version of Money Pump has been put forward which promises to undercut those standard objections. However, I argue that the synchronic Money Pump cannot deliver on its promise: parallel objections can be reconstructed for this version, too, demonstrating that it ultimately does not improve on the original.
Keywords money pumps  transitivity  preferences  acyclicity  rationality
Categories (categorize this paper)
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 49,128
External links

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

Why Conditionalize.David K. Lewis - 1999 - In Antony Eagle (ed.), Philosophy of Probability: Contemporary Readings. Routledge. pp. 403-407.

View all 6 references / Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

A Deluxe Money Pump.Tom Dougherty - 2014 - Thought: A Journal of Philosophy 3 (1):21-29.
The Money Pump Is Necessarily Diachronic.Adrian M. S. Piper - 2014 - Adrian Piper Research Archive Foundation Berlin/Philosophy.
Money Pumps, Diachronic and Synchronic.Levy Yair - forthcoming - Journal of Ethics and Social Philosophy.
A Centipede for Intransitive Preferrers.Wlodek Rabinowicz - 2001 - Studia Logica 67 (2):167-178.
Intransitive Preferences, Vagueness, and the Structure of Procrastination.Duncan MacIntosh - 2010 - In Chrisoula Andreou & Mark D. White (eds.), The Thief of Time. Oxford University Press.
Money Pumps and Diachronic Books.Isaac Levi - 2002 - Proceedings of the Philosophy of Science Association 2002 (3):S235-S247.
Dynamic Choice.Chrisoula Andreou - 2008 - Stanford Encyclopedia of Philosophy.


Added to PP index

Total views
86 ( #105,203 of 2,311,514 )

Recent downloads (6 months)
1 ( #753,566 of 2,311,514 )

How can I increase my downloads?


My notes

Sign in to use this feature