Prospectism and the weak money pump argument
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Hare (Analysis 70:237–247, 2010) proposes a view he calls prospectism for making choices in situations in which preferences have a common, but problematic structure. I show that prospectism permits the decision-maker to make a series of choices she knows in advance will lead to a sure loss. I also argue that a theory that permits the decision-maker to make choices she knows in advance will lead to a sure loss should be rejected.
KeywordsMoney-pump Pragmatic argument Prospectism Small-improvement argument Hare
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