ABSTRACT

This chapter provides a first glimpse of how decision theory can constitute a piece of epistemology. Pick any two well-mannered states of affairs, A and B, and the following will be true; either people prefer A to B, people prefer B to A, people are indifferent between A and B, or people are undecided between A and B. Each of these four states of preference excludes the others. This is particularly important to appreciate in the case of the last two. Both when people are indifferent between A and B and when people are undecided between A and B people can be said not to prefer either state of affairs to the other. Suppose people do not place a monetary value on every well-mannered state of affairs. Suppose With Modest Connectedness, people have all people need to derive the crucial epistemological result on which people's decision problem turns.