Ahmed, Arif and Salow, Bernhard (2017) Don't look now. [Preprint]
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Abstract
Good’s Theorem is the apparent platitude that it is always rational to ‘look before you leap’: to gather (reliable) information before making a decision when doing so is free. We argue that Good’s Theorem is not platitudinous and may be false. And we argue that the correct advice is rather to ‘make your act depend on the answer to a question’. Looking before you leap is rational when, but only when, it is a way to do this.
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Item Type: | Preprint | |||||||||
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Keywords: | Good's Theorem, Decision theory | |||||||||
Subjects: | General Issues > Decision Theory | |||||||||
Depositing User: | Arif Ahmed | |||||||||
Date Deposited: | 07 Mar 2018 15:19 | |||||||||
Last Modified: | 07 Mar 2018 15:19 | |||||||||
Item ID: | 14439 | |||||||||
Official URL: | https://academic.oup.com/bjps/advance-article/doi/... | |||||||||
DOI or Unique Handle: | doi/10.1093/bjps/axx047/4098120 | |||||||||
Subjects: | General Issues > Decision Theory | |||||||||
Date: | 17 August 2017 | |||||||||
URI: | https://philsci-archive.pitt.edu/id/eprint/14439 |
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