Results for 'Epistemic Utility'

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  1. Epistemic Utility Theory and the Aim of Belief.Jennifer Rose Carr - 2017 - Philosophy and Phenomenological Research 95 (3):511-534.
    How should rational believers pursue the aim of truth? Epistemic utility theorists have argued that by combining the tools of decision theory with an epistemic form of value—gradational accuracy, proximity to the truth—we can justify various epistemological norms. I argue that deriving these results requires using decision rules that are different in important respects from those used in standard (practical) decision theory. If we use the more familiar decision rules, we can’t justify the epistemic coherence norms (...)
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  2. Epistemic Utility and Norms for Credences.Richard Pettigrew - 2013 - Philosophy Compass 8 (10):897-908.
    Beliefs come in different strengths. An agent's credence in a proposition is a measure of the strength of her belief in that proposition. Various norms for credences have been proposed. Traditionally, philosophers have tried to argue for these norms by showing that any agent who violates them will be lead by her credences to make bad decisions. In this article, we survey a new strategy for justifying these norms. The strategy begins by identifying an epistemic utility function and (...)
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  3. Epistemic Utility and the Normativity of Logic.Richard Pettigrew - 2017 - Logos and Episteme 8 (4):455-492.
    How does logic relate to rational belief? Is logic normative for belief, as some say? What, if anything, do facts about logical consequence tell us about norms of doxastic rationality? In this paper, we consider a range of putative logic-rationality bridge principles. These purport to relate facts about logical consequence to norms that govern the rationality of our beliefs and credences. To investigate these principles, we deploy a novel approach, namely, epistemic utility theory. That is, we assume that (...)
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  4. Epistemic utility theory’s difficult future.Chad Marxen - 2021 - Synthese 199 (3-4):7401-7421.
    According to epistemic utility theory, epistemic rationality is teleological: epistemic norms are instrumental norms that have the aim of acquiring accuracy. What’s definitive of these norms is that they can be expected to lead to the acquisition of accuracy when followed. While there’s much to be said in favor of this approach, it turns out that it faces a couple of worrisome extensional problems involving the future. The first problem involves credences about the future, and the (...)
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  5.  98
    Disagreement and Epistemic Utility-Based Compromise.Julia Staffel - 2015 - Journal of Philosophical Logic 44 (3):273-286.
    Epistemic utility theory seeks to establish epistemic norms by combining principles from decision theory and social choice theory with ways of determining the epistemic utility of agents’ attitudes. Recently, Moss, 1053–69, 2011) has applied this strategy to the problem of finding epistemic compromises between disagreeing agents. She shows that the norm “form compromises by maximizing average expected epistemic utility”, when applied to agents who share the same proper epistemic utility function, (...)
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  6.  93
    Epistemic utility arguments for Probabilism.Richard Pettigrew - 2011 - Stanford Encyclopedia.
  7. Epistemic Utility Theory.Richard Pettigrew - 2010
    Beliefs come in different strengths. What are the norms that govern these strengths of belief? Let an agent's belief function at a particular time be the function that assigns, to each of the propositions about which she has an opinion, the strength of her belief in that proposition at that time. Traditionally, philosophers have claimed that an agent's belief function at any time ought to be a probability function, and that she ought to update her belief function upon obtaining new (...)
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  8. Downwards Propriety in Epistemic Utility Theory.Alejandro Pérez Carballo - 2023 - Mind 132 (525):30-62.
    Epistemic Utility Theory is often identified with the project of *axiology-first epistemology*—the project of vindicating norms of epistemic rationality purely in terms of epistemic value. One of the central goals of axiology-first epistemology is to provide a justification of the central norm of Bayesian epistemology, Probabilism. The first part of this paper presents a new challenge to axiology first epistemology: I argue that in order to justify Probabilism in purely axiological terms, proponents of axiology first epistemology (...)
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  9.  59
    Epistemic utility and the evaluation of experiments.Isaac Levi - 1977 - Philosophy of Science 44 (3):368-386.
    William K. Goosens claims to show that my account of epistemic utility runs into serious difficulties when confronted with certain attractive conditions of adequacy for the evaluation of experiments. I show that those conditions of adequacy which are, indeed, acceptable to both of us are satisfied by the procedures for evaluating experiments mandated by combining my theory of epistemic utilities with the approach to evaluating experiments on which Goosens' argument is based. In particular, I demonstrate that my (...)
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  10. A New Epistemic Utility Argument for the Principal Principle.Richard G. Pettigrew - 2013 - Episteme 10 (1):19-35.
    Jim Joyce has presented an argument for Probabilism based on considerations of epistemic utility [Joyce, 1998]. In a recent paper, I adapted this argument to give an argument for Probablism and the Principal Principle based on similar considerations [Pettigrew, 2012]. Joyce’s argument assumes that a credence in a true proposition is better the closer it is to maximal credence, whilst a credence in a false proposition is better the closer it is to minimal credence. By contrast, my argument (...)
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  11.  48
    Epistemic utility and theory acceptance: Comments on Hempel.Robert Feleppa - 1981 - Synthese 46 (3):413 - 420.
  12.  17
    The Epistemic Utility of Toulmin’s Argument Fields.David M. Godden - unknown
    Toulmin’s DWC model recognizes a plurality of argument cultures through the thesis of field dependency: that the normative features of arguments vary from one field to the next. Yet, little consensus exists concerning the nature and foundations of argument fields. This paper explores the question of whether Toulminian fields have any useful role to play in the epistemic evaluation of arguments.
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  13. Generalized Immodesty Principles in Epistemic Utility Theory.Alejandro Pérez Carballo - 2023 - Ergo: An Open Access Journal of Philosophy 10 (31):874–907.
    Epistemic rationality is typically taken to be immodest at least in this sense: a rational epistemic state should always take itself to be doing at least as well, epistemically and by its own light, than any alternative epistemic state. If epistemic states are probability functions and their alternatives are other probability functions defined over the same collection of proposition, we can capture the relevant sense of immodesty by claiming that epistemic utility functions are (strictly) (...)
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  14. An Improper Introduction to Epistemic utility theory.Richard Pettigrew - 2011 - In Henk de Regt, Samir Okasha & Stephan Hartmann (eds.), Proceedings of EPSA: Amsterdam '09. Springer. pp. 287--301.
    Beliefs come in different strengths. What are the norms that govern these strengths of belief? Let an agent's belief function at a particular time be the function that assigns, to each of the propositions about which she has an opinion, the strength of her belief in that proposition at that time. Traditionally, philosophers have claimed that an agent's belief function at any time ought to be a probability function (Probabilism), and that she ought to update her belief function upon obtaining (...)
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  15. A Pragmatist’s Guide to Epistemic Utility.Benjamin Anders Levinstein - 2017 - Philosophy of Science 84 (4):613-638.
    We use a theorem from M. J. Schervish to explore the relationship between accuracy and practical success. If an agent is pragmatically rational, she will quantify the expected loss of her credence with a strictly proper scoring rule. Which scoring rule is right for her will depend on the sorts of decisions she expects to face. We relate this pragmatic conception of inaccuracy to the purely epistemic one popular among epistemic utility theorists.
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  16. Justifying conditionalization: Conditionalization maximizes expected epistemic utility.Hilary Greaves & David Wallace - 2006 - Mind 115 (459):607-632.
    According to Bayesian epistemology, the epistemically rational agent updates her beliefs by conditionalization: that is, her posterior subjective probability after taking account of evidence X, pnew, is to be set equal to her prior conditional probability pold(·|X). Bayesians can be challenged to provide a justification for their claim that conditionalization is recommended by rationality—whence the normative force of the injunction to conditionalize? There are several existing justifications for conditionalization, but none directly addresses the idea that conditionalization will be epistemically rational (...)
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  17. The Brier Rule Is not a Good Measure of Epistemic Utility.Don Fallis & Peter J. Lewis - 2016 - Australasian Journal of Philosophy 94 (3):576-590.
    Measures of epistemic utility are used by formal epistemologists to make determinations of epistemic betterness among cognitive states. The Brier rule is the most popular choice among formal epistemologists for such a measure. In this paper, however, we show that the Brier rule is sometimes seriously wrong about whether one cognitive state is epistemically better than another. In particular, there are cases where an agent gets evidence that definitively eliminates a false hypothesis, but where the Brier rule (...)
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  18.  22
    Rationality in the selection task: Epistemic utility versus uncertainty reduction.Jonathan St B. T. Evans & David E. Over - 1996 - Psychological Review 103 (2):356-363.
    M. Oaksford and N. Chater presented a Bayesian analysis of the Wason selection task in which they proposed that people choose cards in order to maximize expected information gain as measured by reduction in uncertainty in the Shannon-Weaver information theory sense. It is argued that the EIG measure is both psychologically implausible and normatively inadequate as a measure of epistemic utility. The article is also concerned with the descriptive account of findings in the selection task literature offered by (...)
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  19. An objection of varying importance to epistemic utility theory.Benjamin A. Levinstein - 2019 - Philosophical Studies 176 (11):2919-2931.
    Some propositions are more epistemically important than others. Further, how important a proposition is is often a contingent matter—some propositions count more in some worlds than in others. Epistemic Utility Theory cannot accommodate this fact, at least not in any standard way. For EUT to be successful, legitimate measures of epistemic utility must be proper, i.e., every probability function must assign itself maximum expected utility. Once we vary the importance of propositions across worlds, however, normal (...)
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  20. Accuracy and epistemic conservatism.Florian Steinberger - 2018 - Analysis 79 (4):658-669.
    Epistemic utility theory is generally coupled with veritism. Veritism is the view that truth is the sole fundamental epistemic value. Veritism, when paired with EUT, entails a methodological commitment: norms of epistemic rationality are justified only if they can be derived from considerations of accuracy alone. According to EUT, then, believing truly has epistemic value, while believing falsely has epistemic disvalue. This raises the question as to how the rational believer should balance the prospect (...)
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  21. Epistemic Expansions.Jennifer Carr - 2015 - Res Philosophica 92 (2):217-236.
    Epistemology should take seriously the possibility of rationally evaluable changes in conceptual resources. Epistemic decision theory compares belief states in terms of epistemic value. But it's standardly restricted to belief states that don't differ in their conceptual resources. I argue that epistemic decision theory should be generalized to make belief states with differing concepts comparable. I characterize some possible constraints on epistemic utility functions. Traditionally, the epistemic utility of a total belief state has (...)
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  22. Epistemic Value and the Jamesian Goals.Sophie Horowitz - 2018 - In Kristoffer Ahlstrom-Vij & Jeff Dunn (eds.), Epistemic Consequentialism. Oxford: Oxford University Press.
    William James famously tells us that there are two main goals for rational believers: believing truth and avoiding error. I argues that epistemic consequentialism—in particular its embodiment in epistemic utility theory—seems to be well positioned to explain how epistemic agents might permissibly weight these goals differently and adopt different credences as a result. After all, practical versions of consequentialism render it permissible for agents with different goals to act differently in the same situation. -/- Nevertheless, I (...)
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  23. Epistemic Decision Theory's Reckoning.Conor Mayo-Wilson & Gregory Wheeler - manuscript
    Epistemic decision theory (EDT) employs the mathematical tools of rational choice theory to justify epistemic norms, including probabilism, conditionalization, and the Principal Principle, among others. Practitioners of EDT endorse two theses: (1) epistemic value is distinct from subjective preference, and (2) belief and epistemic value can be numerically quantified. We argue the first thesis, which we call epistemic puritanism, undermines the second.
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  24. Epistemic Risk and the Demands of Rationality.Richard Pettigrew - 2022 - Oxford, UK: Oxford University Press.
    How much does rationality constrain what we should believe on the basis of our evidence? According to this book, not very much. For most people and most bodies of evidence, there is a wide range of beliefs that rationality permits them to have in response to that evidence. The argument, which takes inspiration from William James' ideas in 'The Will to Believe', proceeds from two premises. The first is a theory about the basis of epistemic rationality. It's called (...) utility theory, and it says that what it is epistemically rational for you to believe is what it would be rational for you to choose if you were given the chance to pick your beliefs and, when picking them, you were to care only about their epistemic value. So, to say which beliefs are permitted, we must say how to measure epistemic value, and which decision rule to use when picking your beliefs. The second premise is a claim about attitudes to epistemic risk, and it says that rationality permits many different such attitudes. These attitudes can show up in epistemic utility theory in two ways: in the way you measure epistemic value; and in the decision rule you use to pick beliefs. This book explores the latter. The result is permissivism about epistemic rationality: different attitudes to epistemic risk lead to different choices of prior beliefs; given most bodies of evidence, different priors lead to different posteriors; and even once we fix your attitudes to epistemic risk, if they are at all risk-inclined, there is a range of different priors and therefore different posteriors they permit. (shrink)
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  25. Epistemic Consequentialism.Kristoffer Ahlstrom-Vij & Jeff Dunn (eds.) - 2018 - Oxford: Oxford University Press.
    An important issue in epistemology concerns the source of epistemic normativity. Epistemic consequentialism maintains that epistemic norms are genuine norms in virtue of the way in which they are conducive to epistemic value, whatever epistemic value may be. So, for example, the epistemic consequentialist might say that it is a norm that beliefs should be consistent, in that holding consistent beliefs is the best way to achieve the epistemic value of accuracy. Thus (...) consequentialism is structurally similar to the family of consequentialist views in ethics. Recently, philosophers from both formal epistemology and traditional epistemology have shown interest in such a view. In formal epistemology, there has been particular interest in thinking of epistemology as a kind of decision theory where instead of maximizing expected utility one maximizes expected epistemic utility. In traditional epistemology, there has been particular interest in various forms of reliabilism about justification and whether such views are analogous to—and so face similar problems to—versions of consequentialism in ethics. This volume presents some of the most recent work on these topics as well as others related to epistemic consequentialism, by authors that are sympathetic to the view and those who are critical of it. (shrink)
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  26. Epistemic Modality and Hyperintensionality in Mathematics.Timothy Bowen - 2017 - Dissertation, Arché, University of St Andrews
    This book concerns the foundations of epistemic modality and hyperintensionality and their applications to the philosophy of mathematics. I examine the nature of epistemic modality, when the modal operator is interpreted as concerning both apriority and conceivability, as well as states of knowledge and belief. The book demonstrates how epistemic modality and hyperintensionality relate to the computational theory of mind; metaphysical modality and hyperintensionality; the types of mathematical modality and hyperintensionality; to the epistemic status of large (...)
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  27. Veritism, Epistemic Risk, and the Swamping Problem.Richard Pettigrew - 2019 - Australasian Journal of Philosophy 97 (4):761-774.
    Veritism says that the fundamental source of epistemic value for a doxastic state is the extent to which it represents the world correctly: that is, its fundamental epistemic value is deter...
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  28.  99
    (F)utility Exposed.Roberto Fumagalli - 2019 - Philosophy of Science 86 (5):955-966.
    In recent years, several authors have called to ground descriptive and normative decision theory on neuro-psychological measures of utility. In this paper, I combine insights from the best available neuro-psychological findings, leading philosophical conceptions of welfare and contemporary decision theory to rebut these prominent calls. I argue for two claims of general interest to philosophers, choice modellers and policy makers. First, severe conceptual, epistemic and evidential problems plague ongoing attempts to develop accurate and reliable neuro-psychological measures of (...). And second, even if these problems are solved, neuro-psychological measures of utility lack the potential to inform welfare analyses and policy evaluations. (shrink)
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  29.  17
    Rationality in context: On inequality and the epistemic problems of maximizing expected utility.Dominik Klein, Johannes Marx & Simon Scheller - 2020 - Synthese 197 (1):209-232.
    The emergence of economic inequality has often been linked to individual differences in mental or physical capacities. By means of an agent-based simulation this paper shows that neither of these is a necessary condition. Rather, inequality can arise from iterated interactions of fully rational agents. This bears consequences for our understanding of both inequality and rationality. In a setting of iterated bargaining games, we claim that expected utility maximizing agents perform suboptimally in comparison with other strategies. The reason for (...)
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  30.  87
    Concept Utility.Paul Egré & Cathal O’Madagain - 2019 - Journal of Philosophy 116 (10):525-554.
    Practices of concept-revision among scientists seem to indicate that concepts can be improved. In 2006, the International Astronomical Union revised the concept "Planet" so that it excluded Pluto, and insisting that the result was an improvement. But what could it mean for one concept or conceptual scheme to be better than another? Here we draw on the theory of epistemic utility to address this question. We show how the plausibility and informativeness of beliefs, two features that contribute to (...)
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  31. Epistemic Conservativity and Imprecise Credence.Jason Konek - forthcoming - Philosophy and Phenomenological Research.
    Unspecific evidence calls for imprecise credence. My aim is to vindicate this thought. First, I will pin down what it is that makes one's imprecise credences more or less epistemically valuable. Then I will use this account of epistemic value to delineate a class of reasonable epistemic scoring rules for imprecise credences. Finally, I will show that if we plump for one of these scoring rules as our measure of epistemic value or utility, then a popular (...)
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  32.  19
    Reconciling truthfulness and relevance as epistemic and decision-theoretic utility.Theodore R. Sumers, Mark K. Ho, Thomas L. Griffiths & Robert D. Hawkins - 2024 - Psychological Review 131 (1):194-230.
  33.  31
    The Epistemic Value of the Living Fossils Concept.Aja Watkins - 2021 - Philosophy of Science 88 (5):1221-1233.
    Living fossils, taxa with similar members now and in the deep past, have recently come under scrutiny. Those who think the concept should be retained have argued for its epistemic and normative utility. This article extends the epistemic utility of the living fossils concept to include ways in which a taxon’s living fossil status can serve as evidence for other claims about that taxon. I will use insights from developmental biology to refine these claims. Insofar as (...)
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  34. Epistemic Consequentialism.Philip Percival - 2002 - Aristotelian Society Supplementary Volume 76 (1):121–151.
    [Philip Percival] I aim to illuminate foundational epistemological issues by reflecting on 'epistemic consequentialism'-the epistemic analogue of ethical consequentialism. Epistemic consequentialism employs a concept of cognitive value playing a role in epistemic norms governing belief-like states that is analogous to the role goodness plays in act-governing moral norms. A distinction between 'direct' and 'indirect' versions of epistemic consequentialism is held to be as important as the familiar ethical distinction on which it is based. These versions (...)
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  35. Epistemic consequentialism.Robert Stalnaker - 2002 - Aristotelian Society Supplementary Volume 76 (1):153–168.
    [Philip Percival] I aim to illuminate foundational epistemological issues by reflecting on 'epistemic consequentialism'-the epistemic analogue of ethical consequentialism. Epistemic consequentialism employs a concept of cognitive value playing a role in epistemic norms governing belief-like states that is analogous to the role goodness plays in act-governing moral norms. A distinction between 'direct' and 'indirect' versions of epistemic consequentialism is held to be as important as the familiar ethical distinction on which it is based. These versions (...)
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  36.  44
    Epistemically useful false beliefs.Duncan Pritchard - 2017 - Philosophical Explorations 20 (sup1):4-20.
    Our interest is in the possibility of there being a philosophically interesting set of useful false beliefs where the utility in question is specifically epistemic. As we will see, it is hard to delineate plausible candidates in this regard, though several are promising at first blush. We begin with the kind of strictly false claims that are said to be often involved in good scientific practice, such as through the use of idealisations and fictions. The problem is that (...)
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  37. Epistemic values and the value of learning.Wayne C. Myrvold - 2012 - Synthese 187 (2):547-568.
    In addition to purely practical values, cognitive values also figure into scientific deliberations. One way of introducing cognitive values is to consider the cognitive value that accrues to the act of accepting a hypothesis. Although such values may have a role to play, such a role does not exhaust the significance of cognitive values in scientific decision-making. This paper makes a plea for consideration of epistemic value —that is, value attaching to a state of belief—and defends the notion of (...)
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  38.  1
    Epistemic Pragmatism and Other Studies in the Theory of Knowledge.Nicholas Rescher - 2008 - De Gruyter.
    The core of pragmatism lies in the concept of functional efficacy-of utility in short. And epistemic pragmatism accordingly focuses on the utility of our devices and practices in relation to the aims and purposes of the cognitive enterprise-answering questions, resolving puzzlement, guiding action. The present book revolves around this theme. All papers in this book bear on epistemological topics which have preoccupied Nicholas Rescher for many years. Much as with the thematic structure of this book, this interest (...)
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  39. Epistemic Modalities and Relative Truth.John MacFarlane - manuscript
    I want to discuss a puzzle about the semantics of epistemic modals, like “It might be the case that” as it occurs in “It might be the case that Goldbach’s conjecture is false.”1 I’ll argue that the puzzle cannot be adequately explained on standard accounts of the semantics of epistemic modals, and that a proper solution requires relativizing utterance truth to a context of assessment, a semantic device whose utility and coherence I have defended elsewhere for future (...)
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  40. How to (Blind)Spot the Truth: an investigation on actual epistemic value.Danilo Fraga Dantas - 2021 - Erkenntnis 88 (2):693-720.
    This paper is about the alethic aspect of epistemic rationality. The most common approaches to this aspect are either normative (what a reasoner ought to/may believe?) or evaluative (how rational is a reasoner?), where the evaluative approaches are usually comparative (one reasoner is assessed compared to another). These approaches often present problems with blindspots. For example, ought a reasoner to believe a currently true blindspot? Is she permitted to? Consequently, these approaches often fail in describing a situation of alethic (...)
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  41. A Theory of Epistemic Risk.Boris Babic - 2019 - Philosophy of Science 86 (3):522-550.
    I propose a general alethic theory of epistemic risk according to which the riskiness of an agent’s credence function encodes her relative sensitivity to different types of graded error. After motivating and mathematically developing this approach, I show that the epistemic risk function is a scaled reflection of expected inaccuracy. This duality between risk and information enables us to explore the relationship between attitudes to epistemic risk, the choice of scoring rules in epistemic utility theory, (...)
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  42. Two types of epistemic instrumentalism.Charles Côté-Bouchard - 2019 - Synthese 198 (6):5455-5475.
    Epistemic instrumentalism views epistemic norms and epistemic normativity as essentially involving the instrumental relation between means and ends. It construes notions like epistemic normativity, norms, and rationality, as forms of instrumental or means-end normativity, norms, and rationality. I do two main things in this paper. In part 1, I argue that there is an under-appreciated distinction between two independent types of epistemic instrumentalism. These are instrumentalism about epistemic norms and instrumentalism about epistemic normativity. (...)
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  43. The Epistemic Costs and Benefits of Collaboration.Don Fallis - 2006 - Southern Journal of Philosophy 44 (S1):197-208.
    In “How to Collaborate,” Paul Thagard tries to explain why there is so much collaboration in science, and so little collaboration in philosophy, by giving an epistemic cost-benefit analysis. In this paper, I argue that an adequate explanation requires a more fully developed epistemic value theory than Thagard utilizes. In addition, I offer an alternative to Thagard’s explanation of the lack of collaboration in philosophy. He appeals to its lack of a tradition of collaboration and to the a (...)
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  44.  88
    Attitudes Toward Epistemic Risk and the Value of Experiments.Don Fallis - 2007 - Studia Logica 86 (2):215-246.
    Several different Bayesian models of epistemic utilities (see, e. g., [37], [24], [40], [46]) have been used to explain why it is rational for scientists to perform experiments. In this paper, I argue that a model-suggested independently by Patrick Maher [40] and Graham Oddie [46]-that assigns epistemic utility to degrees of belief in hypotheses provides the most comprehensive explanation. This is because this proper scoring rule (PSR) model captures a wider range of scientifically acceptable attitudes toward (...) risk than the other Bayesian models that have been proposed. I also argue, however, that even the PSR model places unreasonably tight restrictions on a scientist's attitude toward epistemic risk. As a result, such Bayesian models of epistemic utilities fail as normative accounts-not just as descriptive accounts (see, e. g., [31], [14])-of scientific inquiry. (shrink)
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  45.  30
    Cost-benefit versus expected utility acceptance rules.Alex C. Michalos - 1970 - Theory and Decision 1 (1):61-88.
    A rule for the acceptance of scientific hypotheses called ‘the principle of cost-benefit dominance’ is shown to be more effective and efficient than the well-known principle of the maximization of expected (epistemic) utility. Harvey's defense of his theory of the circulation of blood in animals is examined as a historical paradigm case of a successful defense of a scientific hypothesis and as an implicit application of the cost-benefit dominance rule advocated here. Finally, various concepts of ‘dominance’ are considered (...)
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  46.  9
    Evaluating Google as an Epistemic Tool.Thomas W. Simpson - 2013-12-13 - In Harry Halpin & Alexandre Monnin (eds.), Philosophical Engineering. Wiley. pp. 97–115.
    This chapter develops a social epistemological analysis of Web‐based search engines, addressing the following questions. First, what epistemic functions do search engines perform? Second, what dimensions of assessment are appropriate for the epistemic evaluation of search engines? Third, how well do current search engines perform on these? The chapter explains why they fulfil the role of a surrogate expert, and proposes three ways of assessing their utility as an epistemic tool—timeliness, authority prioritisation, and objectivity. “Personalisation” is (...)
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  47.  41
    Epistemic Closure’s Clash with Technology in New Markets.Dennis R. Cooley - 2012 - Journal of Business Ethics 108 (2):181-199.
    Many people, such as Adam Smith, Milton Friedman, Irving Fisher, and William Sharpe, assume that free markets full of rational people automatically lead to ethical actions and outcomes. After all, at its equilibrium point, a perfectly competitive free market maximizes utility, respects autonomy, and fulfills justice’s dictates. Unfortunately, in some technology markets, there are a significant number of people who have undergone epistemic closure. Epistemic closure entails that all reliable evidence that would challenge deeply held beliefs is (...)
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  48. Instrumental rationality, epistemic rationality, and evidence-gathering.Lara Buchak - 2010 - Philosophical Perspectives 24 (1):85-120.
    This paper addresses the question of whether gathering additional evidence is always rationally required, both from the point of view of instrumental rationality and of epistemic rationality. It is shown that in certain situations, it is not instrumentally rational to look for more evidence before making a decision. These are situations in which the risk of “misleading” evidence – a concept that has both instrumental and epistemic senses – is not offset by the gains from the possibility of (...)
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  49.  20
    An Epistemic Analysis of the Precautionary Principle.Barbara Osimani - unknown
    The paper addresses charges of risk and loss aversion as well as of irrationality directed against the precautionary principle, by providing an epistemic analysis of its specific role in the safety law system. In particular, I contend that: 1) risk aversion is not a form of irrational or biased behaviour; 2) both risk and loss aversion regard the form of the utility function, whereas PP rather regards the information on which to base the decision; 3) thus PP has (...)
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    Disability, Epistemic Harms, and the Quality-Adjusted Life Year.Laura M. Cupples - 2020 - International Journal of Feminist Approaches to Bioethics 13 (1):46-62.
    Health policymakers employ utility measures to inform resource allocation decisions. They often rely on a conceptual tool called the quality-adjusted life year that discounts the value of years lived in a state of disability relative to years lived in full health. A representative sample of the general public is asked to place values on hypothetical health states as part of a standard gamble or time trade-off task. Policymakers use the resulting values to calculate the number of QALYs gained through (...)
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