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I said this before
 
This is what we are doing now.
 
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So this problem still stands in need of a solution.
 
Let me retrace my steps and explain as carefully as I can how it arises ...
 
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Repeats some of `what_are_preferences`
 
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What are these beliefs and desires? How exactly do they lead to actions? I suggested that we can appeal to decision theory for an answer to both questions.
 
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So it looks like we have solved the problem about what beliefs and desires are, and about how they predict actions.
 
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by ‘we’ I mean you.
 
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I wonder whether one or another form of non-expected utility theory could do the trick. E.g. cumulative prospect theory Tversky \& Kahneman (1992) is supposed to address, among others, Ellsberg’s insight about preferring different kinds of risk.
 
While I am not expert enough to make a judgement, I do not think it is satisfactory just to point to prospect theory.
 
As far as I can tell, this might be better at providing a description of how people tend to act.
 
But it does not seem like a candidate for providing an elucidation of belief and desire. Do those notions feature in prospect theory at all?
 
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Or, as a philosopher, you may be inclined to think that a formal model is too much.
 
I have much sympathy for this position. There is excellent reason to think that other notions likely to play a role in behavioural sciences cannot be given good formal models, for example knowledge (see Stalnaker, 1999 on the problem of logical opacity).
 
But, equally, we should recognize that having nothing to say about goal-directed processes is a problem. Philosophers sometimes underestimate this because they are mainly concerned with questions and the limits of understanding.
 
But scientifically we need a little more.
 
The informal characterisation of goal-directed processes has allowed us to distinguish them from habitual processes. So it is not that the informa characterisation is useless.
 
But it would be desirable to go further. To illustrate, goal-directed processes are found in a wide range of animal behaviours. It may be fruitful to distinguish more and less sophisticated forms of goal-directed process---perhaps there are multiple kinds of goal-directed process involved in a single action.
 
For instance, there is no role at all for intention in the goal-directed process as usually characterised. There does not seem to be a good way to introduce intention in terms of the informal characterisation we have. Will probably need a more rigorous approach.
 

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