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Books > Humanities > Philosophy > Western philosophy > Modern Western philosophy, c 1600 to the present > Western philosophy, from c 1900 - > Analytical & linguistic philosophy
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Uncertain Values - An Axiomatic Approach to Axiological Uncertainty (Hardcover)
Loot Price: R3,732
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Uncertain Values - An Axiomatic Approach to Axiological Uncertainty (Hardcover)
Series: Ideen & Argumente
Expected to ship within 12 - 17 working days
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How ought you to evaluate your options if you're uncertain about
what's fundamentally valuable? A prominent response is Expected
Value Maximisation (EVM)-the view that under axiological
uncertainty, an option is better than another if and only if it has
the greater expected value across axiologies. But the expected
value of an option depends on quantitative probability and value
facts, and in particular on value comparisons across axiologies. We
need to explain what it is for such facts to hold. Also, EVM is by
no means self-evident. We need an argument to defend that it's
true. This book introduces an axiomatic approach to answer these
worries. It provides an explication of what EVM means by use of
representation theorems: intertheoretic comparisons can be
understood in terms of facts about which options are better than
which, and mutatis mutandis for intratheoretic comparisons and
axiological probabilities. And it provides a systematic argument to
the effect that EVM is true: the theory can be vindicated through
simple axioms. The result is a formally cogent and philosophically
compelling extension of standard decision theory, and original take
on the problem of axiological or normative uncertainty.
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