Counterfactual Dependence and Arrow
نویسندگان
چکیده
We argue that a semantics for counterfactual conditionals in terms of comparative overall similarity faces a formal limitation due to Arrow’s impossibility theorem from social choice theory. According to Lewis’s account, the truth-conditions for counterfactual conditionals are given in terms of the comparative overall similarity between possible worlds, which is in turn determined by various aspects of similarity between possible worlds. We argue that a function from aspects of similarity to overall similarity should satisfy certain plausible constraints while Arrow’s impossibility theorem rules out that such a function satisfies all the constraints simultaneously. We argue that a way out of this impasse is to represent aspectual similarity in terms of ranking functions instead of representing it in a purely ordinal fashion. Further, we argue against the claim that the determination of overall similarity by aspects of similarity faces a difficulty in addition to the Arrovian limitation, namely the incommensurability of different aspects of similarity. The phenomena that have been cited as evidence for such incommensurability are best explained by ordinary vagueness.
منابع مشابه
Bayesianism Without Priors, Acts Without Consequences
A generalization of subjective expected utility is presented in which the primitives are a finite set of states of the world, a finite set of strategies available to the decision maker, and allocations of money. The model does not require explicit definitions of consequences (“states of the person”), nor does it rely on counterfactual preferences, nor does it emphasize the unique separation of ...
متن کاملNon-parametric counterfactual analysis in dynamic general equilibrium∗
In this paper we examine non-parametric restrictions on counterfactual analysis in a simple dynamic stochastic general equilibrium model. Under the assumption of timeseparable expected utility and complete markets all equilibria in this model are stationary, the Arrow-Debreu prices uniquely reveal the probabilities and discount factor and the equilibrium correspondence defined as the map from e...
متن کاملRisk, Ambiguity, and State-Preference Theory
The state-preference framework for modeling choice under uncertainty, in which objects of choice are allocations of wealth or commodities across states of the world, is a natural one for modeling smooth ambiguityaverse preferences. It does not require reference to objective probabilities, personalistic consequences, or counterfactual acts, and it allows for statedependence of utility and unob...
متن کاملCowles in the History of Economic Thought
The topic of this paper immediately raises a serious methodological question: In what sense can we isolate the contribution of any individual or institution in the development of economic analysis? This is but one example of a fundamental logical problem that applies to the study of all history, that is, the difficulty of the counterfactual. For when you ask, “What is the influence of A (an eve...
متن کاملA principled approach to defining actual causation
In this paper we present a new proposal for defining actual causation, i.e., the problem of deciding if one event caused another. We do so within the popular counterfactual tradition initiated by Lewis, which is characterised by attributing a fundamental role to counterfactual dependence. Unlike the currently prominent definitions, our approach proceeds from the ground up: we start from basic p...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2014