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Decision theory and the rationality of further deliberation

Igor Douven

Economics and Philosophy, 2002, vol. 18, issue 2, 303-328

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.

Date: 2002
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