José L. Bermúdez: Utility and understandings
Can decision theory serve as a theory of rationality? It all depends, of course, on how we understand rationality and how we understand decision theory. The notion of rationality standardly features in several different projects the project of guiding action; the project of normatively assessing how decision problems are configured and resolved; and the project of explaining and predicting behavior. This lecture explores how these different projects place conflicting contraints on two key features of decision theory: how utility is understood and how outcomes are individuated.