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Extracting money from causal decision theorists

Abstract:
Newcomb’s problem has spawned a debate about which variant of expected utility maximisation (if any) should guide rational choice. In this paper, we provide a new argument against what is probably the most popular variant: causal decision theory (CDT). In particular, we provide two scenarios in which CDT voluntarily loses money. In the first, an agent faces a single choice and following CDT’s recommendation yields a loss of money in expectation. The second scenario extends the first to a diachronic Dutch book against CDT.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1093/pq/pqaa086

Authors

More by this author
Institution:
University of Oxford
Division:
HUMS
Department:
Philosophy Faculty
Role:
Author


Publisher:
Oxford University Press
Journal:
Philosophical Quarterly More from this journal
Volume:
71
Issue:
4
Pages:
701-716
Article number:
pqaa086
Publication date:
2021-01-23
Acceptance date:
2021-01-01
DOI:
EISSN:
1467-9213
ISSN:
0031-8094

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