Extracting money from causal decision theorists

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 whic...

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Bibliographic Details
Main Authors: Oesterheld, C, Conitzer, V
Format: Journal article
Language:English
Published: Oxford University Press 2021
Subjects:
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author Oesterheld, C
Conitzer, V
author_facet Oesterheld, C
Conitzer, V
author_sort Oesterheld, C
collection OXFORD
description 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.
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spelling oxford-uuid:6e12f6fe-c116-4c4a-8995-541f5e4859862023-10-09T10:11:05ZExtracting money from causal decision theoristsJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:6e12f6fe-c116-4c4a-8995-541f5e485986Philosophy and religious studiesPhilosophyEnglishSymplectic ElementsOxford University Press2021Oesterheld, CConitzer, VNewcomb’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.
spellingShingle Philosophy and religious studies
Philosophy
Oesterheld, C
Conitzer, V
Extracting money from causal decision theorists
title Extracting money from causal decision theorists
title_full Extracting money from causal decision theorists
title_fullStr Extracting money from causal decision theorists
title_full_unstemmed Extracting money from causal decision theorists
title_short Extracting money from causal decision theorists
title_sort extracting money from causal decision theorists
topic Philosophy and religious studies
Philosophy
work_keys_str_mv AT oesterheldc extractingmoneyfromcausaldecisiontheorists
AT conitzerv extractingmoneyfromcausaldecisiontheorists