Surreal Decisions
- URL: http://arxiv.org/abs/2111.00862v1
- Date: Sat, 23 Oct 2021 18:37:20 GMT
- Title: Surreal Decisions
- Authors: Eddy Keming Chen and Daniel Rubio
- Abstract summary: We argue that the use of John Conway's surreal numbers shall provide a firm mathematical foundation for transfinite decision theory.
We then bring our theory to bear on one of the more venerable decision problems in the literature: Pascal's Wager.
- Score: 0.0
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: Although expected utility theory has proven a fruitful and elegant theory in
the finite realm, attempts to generalize it to infinite values have resulted in
many paradoxes. In this paper, we argue that the use of John Conway's surreal
numbers shall provide a firm mathematical foundation for transfinite decision
theory. To that end, we prove a surreal representation theorem and show that
our surreal decision theory respects dominance reasoning even in the case of
infinite values. We then bring our theory to bear on one of the more venerable
decision problems in the literature: Pascal's Wager. Analyzing the wager
showcases our theory's virtues and advantages. To that end, we analyze two
objections against the wager: Mixed Strategies and Many Gods. After formulating
the two objections in the framework of surreal utilities and probabilities, our
theory correctly predicts that (1) the pure Pascalian strategy beats all mixed
strategies, and (2) what one should do in a Pascalian decision problem depends
on what one's credence function is like. Our analysis therefore suggests that
although Pascal's Wager is mathematically coherent, it does not deliver what it
purports to, a rationally compelling argument that people should lead a
religious life regardless of how confident they are in theism and its
alternatives.
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