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Money Pumps and Diachronic Books

Published online by Cambridge University Press:  01 January 2022

Isaac Levi*
Affiliation:
Columbia University
*
Send requests for reprints to the author, Department of Philosophy, 708 Philosophy Hall, 1150 Amsterdam Avenue, MC4791, Columbia University, New York, NY 10027–6900; levi@columbia.edu.

Abstract

The idea that rational agents should have acyclic preferences and should obey conditionalization has been defended on the grounds that otherwise an agent is threatened with becoming a “money pump.” This essay argues that such arguments fail to prove their claims.

Type
Research Article
Copyright
Copyright © The Philosophy of Science Association

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