Is it rational for me to want to have a child if I cannot know what it will be like to have a child? Laurie Paul, in her book Transformative Experience, argues that this question poses a significant problem for traditional theories of decision-making. Paul holds that many major life decisions are ones in which… Continue reading Can one rationally choose to have a child?
Last week I reviewed Kadane and Larkey's paper. In short, the main claim of their paper was that since the solution concepts used in game theory do not depend on the beliefs of the players they are irrelevant to game theory. Haranyi wrote a response to this paper, which it what I will review today.… Continue reading Paper Review: Subjective Probability and the Theory of Games: Comments on Kadane and Larkey’s Paper
Game theory is the study of the strategic interaction of rational agents. Decision theory is the study of the decision making of a rational agent. Clearly there is something similar about these two fields. What, exactly, is the relationship though? Do they study different aspects of rational action, or do they overlap? If they overlap,… Continue reading Paper Review: Subjective Probability and the Theory of Games
Decision theory seeks to understand how rational agents should act. More specifically, I am talking about normative decision theory. There is also descriptive decision theory which tries to characterize how people in fact act. For this post (and most of my posts) I will focus on normative decision theory. Importantly, the "should" here is not… Continue reading Paper Review: Decision Theory Without Representation Theorems
From climate change to vaccinations to the shape of the Earth (???!?!), scientific claims are often in dispute. Indeed, when encountering people who hold views against the (scientific) norm, we often think of them as "anti-scientific." Of course, the people who hold these views don't think they are being irrational. They think their position is… Continue reading Paper Review: “Antiscience Zealotry”? Values, Epistemic Risk, and the GMO Debate