Work

Pascal’s Wager and the Origins of Decision Theory: Decision-Making by Real Decision-Makers

Year: 2018
Type: book-chapter
Abstract: Pascal’s Wager does not exist in a Platonic world of possible gods, abstract probabilities and arbitrary payoffs. Real decision-makers, such as Pascal’s “man of the world” of 1660, face a range of religious options they take to be serious, with fixed probabilities grounded in their evidence, and with utilities that are fixed quantities in actual minds. The many ingenious objections to the Wager dreamed up by philosophers do not apply in such a real decision matrix. In the situation Pascal addresses, the Wager is a good bet. In the situation of a modern Western intellectual, the reasoning of the Wager is still powerful, though the range of options and the actions indicated are not the same as in Pascal’s day.
Language: English
Open Access status: green
OpenAlex ID: W2942355142
FWCI: 0.954
Cites: 184
Cited by: 3
Related to: 10