Probability and rational choice

In this paper I will discuss the rationality of reasoning about the future. There are two things that we might like to know about the future: which hypotheses are true and what will happen next. To put it in philosophical language, I aim to show that there are methods by which inferring to a genera...

Full description

Saved in:
Bibliographic Details
Main Author: David Botting
Format: Article
Language:English
Published: Universidade Federal de Santa Catarina 2014-05-01
Series:Principia: An International Journal of Epistemology
Online Access:https://periodicos.ufsc.br/index.php/principia/article/view/31101
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850066266494074880
author David Botting
author_facet David Botting
author_sort David Botting
collection DOAJ
description In this paper I will discuss the rationality of reasoning about the future. There are two things that we might like to know about the future: which hypotheses are true and what will happen next. To put it in philosophical language, I aim to show that there are methods by which inferring to a generalization (selecting a hypothesis) and inferring to the next instance (singular predictive inference) can be shown to be normative and the method itself shown to be rational, where this is due in part to being based on evidence (although not in the same way) and in part on a prior rational choice. I will also argue that these two inferences have been confused, being distinct not only conceptually (as nobody disputes) but also in their results (the value given to the probability of the hypothesis being not in general that given to the next instance) and that methods that are adequate for one are not by themselves adequate for the other. A number of debates over method founder on this confusion and do not show what the debaters think they show.
format Article
id doaj-art-16b3fd84fb094e6780ff00a9abde843c
institution DOAJ
issn 1808-1711
language English
publishDate 2014-05-01
publisher Universidade Federal de Santa Catarina
record_format Article
series Principia: An International Journal of Epistemology
spelling doaj-art-16b3fd84fb094e6780ff00a9abde843c2025-08-20T02:48:49ZengUniversidade Federal de Santa CatarinaPrincipia: An International Journal of Epistemology1808-17112014-05-0118110.5007/1808-1711.2014v18n1p121314Probability and rational choiceDavid Botting0IFL, FCSH, Universidade Nova de Lisboa LISBON, PORTUGAL In this paper I will discuss the rationality of reasoning about the future. There are two things that we might like to know about the future: which hypotheses are true and what will happen next. To put it in philosophical language, I aim to show that there are methods by which inferring to a generalization (selecting a hypothesis) and inferring to the next instance (singular predictive inference) can be shown to be normative and the method itself shown to be rational, where this is due in part to being based on evidence (although not in the same way) and in part on a prior rational choice. I will also argue that these two inferences have been confused, being distinct not only conceptually (as nobody disputes) but also in their results (the value given to the probability of the hypothesis being not in general that given to the next instance) and that methods that are adequate for one are not by themselves adequate for the other. A number of debates over method founder on this confusion and do not show what the debaters think they show. https://periodicos.ufsc.br/index.php/principia/article/view/31101
spellingShingle David Botting
Probability and rational choice
Principia: An International Journal of Epistemology
title Probability and rational choice
title_full Probability and rational choice
title_fullStr Probability and rational choice
title_full_unstemmed Probability and rational choice
title_short Probability and rational choice
title_sort probability and rational choice
url https://periodicos.ufsc.br/index.php/principia/article/view/31101
work_keys_str_mv AT davidbotting probabilityandrationalchoice