Abstract
This paper examines the preference-based approach to the identification of beliefs. It focuses on the main problem to which this approach is exposed, namely that of state-dependent utility. First, the problem is illustrated in full detail. Four types of state-dependent utility issues are distinguished. Second, a comprehensive strategy for identifying beliefs under state-dependent utility is presented and discussed. For the problem to be solved following this strategy, however, preferences need to extend beyond choices. We claim that this a necessary feature of any complete solution to the problem of state-dependent utility. We also argue that this is the main conceptual lesson to draw from it. We show that this lesson is of interest to both economists and philosophers.
Dokumententyp: | Zeitschriftenartikel |
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Fakultät: | Philosophie, Wissenschaftstheorie und Religionswissenschaft > Munich Center for Mathematical Philosophy (MCMP) > Epistemology |
Themengebiete: | 100 Philosophie und Psychologie > 100 Philosophie |
ISSN: | 0039-7857 |
Sprache: | Englisch |
Dokumenten ID: | 56447 |
Datum der Veröffentlichung auf Open Access LMU: | 29. Jun. 2018, 09:44 |
Letzte Änderungen: | 04. Nov. 2020, 13:36 |