Add Papers Marked0
Paper checked off!

Marked works


Viewed works

Shopping Cart0
Paper added to shopping cart!

Shopping Cart

Register Now

internet library library

Great deal: today with a discount!

Regular price:
You save:
0,63 (14%)
Discounted price*:
Add to Wish List
ID number:174172
Published: 10.10.2017.
Language: English
Level: College/University
Literature: 4 units
References: Used

The Dutch Book Argument plays an indispensable role in tracking minor incoherences in degrees of belief and offers proof that incoherence can (even if it not always actually does) have consequences. Monetary losses are only a vivid way of portraying the issue at hand, that since degrees of belief are primarily involved in formation of decisions, incoherence in degrees of beliefs translates into decisions set up in conflict with the agent’s goal of increasing subjective utility. Where a regular decision making scenario can offer a vague answer as to what might indicate an issue with coherence, a Dutch Book clearly shows an underlying issue in the way how the bets are set up, and precisely tracks the consequences of even slight incoherence in the formation of bets. In general decision making it is much more difficult to see whether the agent actually loses something (he is his own bookkeeper after all), whether the incoherence results in a gain, how often minor incoherence has any pragmatic consequences etc. Such interpretation of the Dutch Book also avoids the counterarguments of the possibility to not enter bets, to be rewarded by bookkeepers for incoherence, or to recognise the implied net loss.…

Author's comment
Load more similar papers

Send to email

Your name:

Enter an email address where the link will be sent:

{Your name} suggests you to check out this paper on „The Dutch Book Argument”.

Link to paper:


Email has been sent

Choose Authorization Method

Email & Password

Email & Password

Wrong e-mail adress or password!
Log In

Forgot your password?


Not registered yet?

Register and redeem free papers!

To receive free papers from it is necessary to register. It's quick and will only take a few seconds.

If you have already registered, simply to access the free content.

Cancel Register