A Counterexample to Three Imprecise Decision Theories

Abstract

There is currently much discussion about how decision making should proceed when an agent’s degrees of belief are imprecise; represented by a set of probability functions. I show that decision rules recently discussed by Sarah Moss, Susanna Rinard and Rohan Sud all suffer from the same defect: they all struggle to rationalise diachronic ambiguity aversion. Since ambiguity aversion is among the motivations for imprecise credence, this suggests that the search for an adequate imprecise decision rule is not yet over.

Publication
Theoria 85:1 18–30