No escape from Allais: reply to Buchak

Thoma, J.ORCID logo & Weisberg, J. (2019). No escape from Allais: reply to Buchak. Philosophical Studies, 1-8. https://doi.org/10.1007/s11098-019-01322-z
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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
Copyright holders © 2019 The Authors
Departments LSE > Academic Departments > Philosophy, Logic and Scientific Method
DOI 10.1007/s11098-019-01322-z
Date Deposited 12 Jun 2019
Acceptance Date 12 Jun 2019
URI https://researchonline.lse.ac.uk/id/eprint/101020

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