Epistemic conditionals have often been thought to satisfy the Ramsey test : If A, then B is acceptable in a belief state G if and only if B should be accepted upon revising G with A. But as Peter Gärdenfors has shown, RT conflicts with the intuitively plausible condition of Preservation on belief revision. We investigate what happens if RT is retained while Preservation is weakened, or vice versa. We also generalize Gärdenfors' approach by treating belief revision as a relation (...) rather than as a function.In our semantic approach, the same relation is used to model belief revision and to give truth-conditions for conditionals. The approach validates a weak version of the Ramsey Test — essentially, a restriction of RT to maximally consistent belief states. (shrink)

An option available to an agent is stable if it maximizes expected utility on the hypothetical assumption that the agent is going to choose it. As is well known, some decision problems lack a stable solution. Paul Weirich (1986 and 1988) has recently proposed a decision principle which prescribes that the option chosen should be at least weakly stable--or "weakly ratifiable", to use his terminology. According to him, full stability is an excessively strong demand. I shall argue that Weirich's proposal (...) conflicts with the familiar condition of dominance. But I shall also prove that this difficulty can be avoided if we replace weak stability by "moderate" stability--where the latter property is somewhat stronger than the former. It will be seen, however, that this modification does not help against other ailments connected with stability. In particular, to heed the demand of stability (of any kind) is to engage in a form of "wishful acting". Also, the different stability demands all conflict with a close relative of the dominance condition: the condition of "indifference". According to this condition, two actions are equally choiceworthy if they would always lead to the same outcomes--whatever state the world is in. On the other hand, the conditions of dominance and indifference would both be satisfied if we replaced a demand for stability (of some kind) by a related but distinct principle of "retrievability". Retrievability and (full) stability are mutually independent properties of options, but each of them entails moderate stability. The paper ends with a discussion of the relevance of retrievability to theories of choiceworthiness and practical reason. (shrink)