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No escape from Allais: reply to Buchak

Thoma, Johanna and Weisberg, Jonathan (2019) No escape from Allais: reply to Buchak. Philosophical Studies. pp. 1-8. ISSN 0031-8116

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Identification Number: 10.1007/s11098-019-01322-z

Abstract

In Risk and Rationality, Buchak (Risk and rationality, Oxford University Press, Oxford, 2013) advertises REU theory as able to recover the modal preferences in the Allais paradox. In our Thoma and Weisberg (Philos Stud 174(9):2369–2384, 2017. https://doi.org/10.1007/s11098-017-0916-3) however, we pointed out that REU theory only applies in the “grand world” setting, where it actually struggles with the modal Allais preferences. Buchak (Philos Stud 174(9):2397–2414, 2017. https://doi.org/10.1007/s11098-017-0907-4) offers two replies. Here we enumerate a variety of technical and philosophical problems with each.

Item Type: Article
Official URL: https://link.springer.com/journal/11098
Additional Information: © 2019 The Authors
Divisions: Philosophy, Logic and Scientific Method
Subjects: B Philosophy. Psychology. Religion > BC Logic
Q Science > QA Mathematics
Date Deposited: 12 Jun 2019 15:36
Last Modified: 24 Jun 2020 23:00
URI: http://eprints.lse.ac.uk/id/eprint/101020

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