Normative decision theory and reindividuation of the outcomes

This article examines and critiques efforts to preserve the requirements of normative decision theory from counterexamples by reindividuating outcomes. Reindividuation is often employed in response to counterex­amples that challenge even the most fundamental requirements of ra­tionality, su...

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Bibliographic Details
Main Author: Filipović Nenad
Format: Article
Language:deu
Published: Institute for Philosophy and Social Theory, Belgrade 2024-01-01
Series:Filozofija i Društvo
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Online Access:https://doiserbia.nb.rs/img/doi/0353-5738/2024/0353-57382404933F.pdf
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Summary:This article examines and critiques efforts to preserve the requirements of normative decision theory from counterexamples by reindividuating outcomes. Reindividuation is often employed in response to counterex­amples that challenge even the most fundamental requirements of ra­tionality, such as transitivity. These counterexamples demonstrate that even basic rationality requirements can appear to be violated in seem­ingly rational ways, thus casting doubt on their plausibility. Reindividu­ation seeks to preserve these requirements by refining the objects of preference in more detailed terms. However, John Broome has pointed out that this strategy can lead to the issue of making the requirements vacuous. We will explore counterexamples to transitivity and demonstrate how reindividuation can lead to this problem of emptiness. Following that, we will review significant attempts to address this problem, show­ing that they fall short and that any direction we take either makes the requirements too permissive or leaves them unjustified. In the final section, we suggest a less conventional solution: rejecting finer individ­uation and accepting that the requirements of rationality are not univer­sal. Finally, we point out several established approaches to decision theory that allow for domain-specific requirements.
ISSN:0353-5738
2334-8577