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Decision theory and the rationality of further deliberation

Decision theory and the rationality of further deliberation Bayesian decision theory operates under the fiction that in any decision-making situation the agent is simply given the options from which he is to choose. It thereby sets aside some characteristics of the decision-making situation that are pre-analytically of vital concern to the verdict on the agent's eventual decision. In this paper it is shown that and how these characteristics can be accommodated within a still recognizably Bayesian account of rational agency. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics & Philosophy Cambridge University Press

Decision theory and the rationality of further deliberation

Economics & Philosophy , Volume 18 (2): 26 – Apr 1, 2003

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Publisher
Cambridge University Press
Copyright
© 2002 Cambridge University Press
ISSN
1474-0028
eISSN
0266-2671
DOI
10.1017/S0266267102002079
Publisher site
See Article on Publisher Site

Abstract

Bayesian decision theory operates under the fiction that in any decision-making situation the agent is simply given the options from which he is to choose. It thereby sets aside some characteristics of the decision-making situation that are pre-analytically of vital concern to the verdict on the agent's eventual decision. In this paper it is shown that and how these characteristics can be accommodated within a still recognizably Bayesian account of rational agency.

Journal

Economics & PhilosophyCambridge University Press

Published: Apr 1, 2003

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