Philosophy of Science 60 (2):320-328 (1993)

Authors
Brian Skyrms
University of California, Irvine
Abstract
Maher (1992b) advances an objection to dynamic Dutch-book arguments, partly inspired by the discussion in Levi (1987; in particular by Levi's case 2, p. 204). Informally, the objection is that the decision maker will "see the dutch book coming" and consequently refuse to bet, thus escaping the Dutch book. Maher makes this explicit by modeling the decision maker's choices as a sequential decision problem. On this basis he claims that there is a mistake in dynamic coherence arguments. There is really no formal mistake in classical dynamic coherence arguments, but the discussions in Maher and Levi do suggest interesting ways in which the definition of dynamic coherence might be strengthened. Such a strengthened "sequentialized" notion of dynamic coherence is explored here. It so happens that even on the strengthened standards for a Dutch book, the classic dynamic coherence argument for conditioning still goes through
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DOI 10.1086/289735
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References found in this work BETA

Belief and the Will.Bas C. van Fraassen - 2010 - In Antony Eagle (ed.), Philosophy of Probability: Contemporary Readings. Routledge. pp. 235-256.
Betting on Theories.Patrick Maher - 1993 - Cambridge University Press.
Belief and the Will.Bas C. van Fraassen - 1984 - Journal of Philosophy 81 (5):235-256.
Clever Bookies and Coherent Beliefs.David Christensen - 1991 - Philosophical Review 100 (2):229-247.

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Citations of this work BETA

The Bayesian Boom: Good Thing or Bad?Ulrike Hahn - 2014 - Frontiers in Psychology 5.

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