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Epistemic Risk and the Demands of Rationality

Epistemic Risk and the Demands of Rationality
Author: Richard Pettigrew
Publisher: Oxford University Press
Total Pages: 224
Release: 2022-07-14
Genre: Philosophy
ISBN: 0192679457

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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 epistemic 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.


Epistemic Risk and the Demands of Rationality

Epistemic Risk and the Demands of Rationality
Author: Richard Pettigrew
Publisher: Oxford University Press
Total Pages: 224
Release: 2022-08-17
Genre: Knowledge, Theory of
ISBN: 0192864351

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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 epistemic 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.


Risk and Rationality

Risk and Rationality
Author: Lara Buchak
Publisher:
Total Pages: 273
Release: 2013-11
Genre: Business & Economics
ISBN: 0199672164

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Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view (expected utility theory) is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.


Beings of Thought and Action

Beings of Thought and Action
Author: Andy Mueller
Publisher: Cambridge University Press
Total Pages: 255
Release: 2021-07-08
Genre: Philosophy
ISBN: 1108998984

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In this book, Andy Mueller examines the ways in which epistemic and practical rationality are intertwined. In the first part, he presents an overview of the contemporary debates about epistemic norms for practical reasoning, and defends the thesis that epistemic rationality can make one practically irrational. Mueller proposes a contextualist account of epistemic norms for practical reasoning and introduces novel epistemic norms pertaining to ends and hope. In the second part Mueller considers current approaches to pragmatic encroachment in epistemology, ultimately arguing in favor of a new principle-based argument for pragmatic encroachment. While the book defends tenets of the knowledge-first programme, one of its main conclusions is thoroughly pragmatist: in an important sense, the practical has primacy over the epistemic.


Rationality and Epistemic Sophistication

Rationality and Epistemic Sophistication
Author: Franz-Peter Griesmaier
Publisher: Lexington Books
Total Pages: 262
Release: 2015-03-06
Genre: Philosophy
ISBN: 0739178075

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What factors determine whether a person’s beliefs are epistemically rational? Many traditional accounts contend that those factors lie in the beliefs themselves. For example, a belief can fit with one’s evidence, it can originate in reliable (or otherwise virtuous) processes, or it can cohere with other beliefs (some of which may be self-justifying). In this provocative book, Franz-Peter Griesmaier presents a new picture of epistemic rationality, emphasizing the role of the agent rather than the belief. The rationality of an agent’s beliefs ultimately depends on her epistemic sophistication, which is manifest in the stringency of her standards, in the skill she has in accessing and evaluating evidence, and in the wisdom she displays in choosing contextually appropriate standards. To be epistemically rational means, in this view, that one has discharged one’s epistemic duties by using the contextually proper standards for finding and evaluating the available evidence during the process of belief formation. In the course of defending this view, Griesmaier discusses a wide variety of topics from the perspective of a unifying framework. These topics include the possibility of lucky justification, the importance of error avoidance, the problem of simplicity, various forms of evidentialism, doxastic voluntarism, epistemic deontologism, the question of belief’s aim, contextualism, and the connections between his account and formal models of justification and knowledge, such as epistemic and justification logics.


The Theory of Epistemic Rationality

The Theory of Epistemic Rationality
Author: Richard Foley
Publisher:
Total Pages: 358
Release: 1987
Genre: Philosophy
ISBN:

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The author gives a novel and provocative account of the nature of epistemic rationality.


Rationality and Belief

Rationality and Belief
Author: Ralph Wedgwood
Publisher: Oxford University Press
Total Pages: 325
Release: 2023-06-02
Genre: Philosophy
ISBN: 0198874499

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This book gives a general theory of rational belief. Although it can be read by itself, is a sequel to the author's previous book The Value of Rationality (Oxford, 2017). It takes the general conception of rationality that was defended in that earlier book, and combines it with an account of the varieties of belief, and of what it is for these beliefs to count as "correct", to develop an account of what it is for beliefs to count as rational. According to this account, rationality comes in degrees: the degree to which one's beliefs counts as rational is determined by their distance from a corresponding probability function - where this distance is measured by those beliefs' "expected degree of incorrectness" according to the probability function; the account also involves an explanation of what determines exactly which probability function plays this role in each case, and of why this probability function should play this role. In developing and defending this account, new light is shed on several central epistemological issues. These issues include: the distinction between propositional and doxastic justification; the debates between internalism and externalism, and between foundationalism and coherentism; the significance - or lack of it - of the notion of 'evidence'; the relationship between credences, full belief, inference, and suspension of judgment; the nature of the kind of possibility that is presupposed by the relevant sort of probability; and whether rationality is "diachronic" - so that the beliefs that it is rational for us to have now depend, in part, on the beliefs that we held in the past. Finally, some suggestions are made about how this theory bears on a range of further topics, including the defeasibility of inference, scepticism, and the analysis of knowledge.


Rational Responses to Risks

Rational Responses to Risks
Author: Paul Weirich
Publisher: Oxford University Press
Total Pages: 288
Release: 2020-07-10
Genre: Philosophy
ISBN: 0190089423

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Good decisions account for risks. For example, the risk of an accident while driving in the rain makes a reasonable driver decide to slow down. While risk is a large topic in theoretical disciplines such as economics and psychology, as well as in practical disciplines such as medicine and finance, philosophy has a unique contribution to make in developing a normative theory of risk that states what risk is, and to what extent our responses to it are rational. Weirich here develops a philosophical theory of the rationality of responses to risk. He first distinguishes two types of risk: first, a chance of a bad event, and second, an act's risk in relation to its possible outcomes. He argues that this distinction has normative significance in the sense that one's attitudes towards these types of risks - and how one acts on them - are governed by different general principles of rationality. Consequently, a comprehensive account of risk must not only characterize rational responses to risk but also explain why these responses are rational. Weirich explains how, for a rational ideal agent, the expected utilities of the acts available in a decision problem explain the agent's preferences among the acts. As a result, maximizing expected utility is just following preferences among the acts. His view takes an act's expected utility, not just as a feature of a representation of preferences among acts, but also as a factor in the explanation of preferences among acts. The book's precise formulation of general standards of rationality for attitudes and for acts, and its rigorous argumentation for these standards, make it philosophical; but while mainly of interest to philosophers, its broader arguments will contribute to the conceptual foundations of studies of risk in all disciplines that study it.


Pragmatic Reason

Pragmatic Reason
Author: Robert B Talisse
Publisher: Taylor & Francis
Total Pages: 289
Release: 2023-03-23
Genre: Philosophy
ISBN: 1000858189

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Christopher Hookway has been influential in promoting engagement with pragmatist and naturalist perspectives from classical and contemporary American philosophy. This book reflects on Hookway’s work on the American philosophical tradition and its significance for contemporary discussions of the understanding of mind, meaning, knowledge, and value. Hookway’s original and extensive studies of Charles S. Peirce have made him among the most admired and frequently referenced of Peirce’s interpreters. His work on classical American pragmatism has explored the philosophies of William James, John Dewey, and Josiah Royce, and examined the influence of pragmatist ideas outside of the United States. Additionally, Hookway has participated in a number of celebrated exchanges with some of the most high-profile figures of twentieth- and twenty-first-century philosophy, including Karl-Otto Apel, Philip Pettit, Hilary Putnam, and W.V.O. Quine, through which his treatments of a large range of topics in epistemology and the philosophies of mind and language have been developed and promoted. The chapters in this book—which include contributions from several of Hookway’s former students and colleagues—include studies of Hookway’s engagement with the works of Peirce, James, and Dewey, his contributions to virtue epistemology, and his discussions of hope and pragmatist metaphysics. Pragmatic Reason will be of interest to researchers and advanced students working on American philosophy, the history of analytic philosophy, and epistemology.


Epistemic Consequentialism

Epistemic Consequentialism
Author: H. Kristoffer Ahlstrom-Vij
Publisher: Oxford University Press
Total Pages: 336
Release: 2018-05-03
Genre: Philosophy
ISBN: 0191085278

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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 epistemic 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.