Decision Theory in Crisis

Our best theorizing about rational decision-making faces a crisis. There are many competing accounts of how our beliefs and desires combine to determine what we should do. Worse, each of these accounts faces serious problems. We thus have no adequate philosophical understanding of rationality, and no adequate theory to guide the decisions that we makefrom the ordinary decisions of our daily lives, to the high-stakes decisions of industry and government. We aim to improve the state of the art in decision theory, building on cutting-edge work on conditionals and causation. This will benefit philosophy directly, and also benefit indirectly other disciplines that are concerned with decision-making, including those that inform public policy.