Egyptology and fanaticism.

Various decision theories share a troubling implication. They imply that, for any finite amount of value, it would be better to wager it all for a vanishingly small probability of some greater value. Counterintuitive as it might be, this fanaticism has seemingly compelling independent arguments in i...

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Bibliographic Details
Published in:Philosophical Studies Vol. 181; no. 8; pp. 1903 - 1924
Main Author: Wilkinson, Hayden
Format: Article
Published: Springer Nature Aug2024
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Online Access:View this record in EBSCOhost
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Summary:Various decision theories share a troubling implication. They imply that, for any finite amount of value, it would be better to wager it all for a vanishingly small probability of some greater value. Counterintuitive as it might be, this fanaticism has seemingly compelling independent arguments in its favour. In this paper, I consider perhaps the most prima facie compelling such argument: an Egyptology argument (an analogue of the Egyptology argument from population ethics). I show that, despite recent objections from Russell (Noûs, 2023) and Goodsell (Analysis 81(3):420–426, 2021), the argument's premises can be justified and defended, and the argument itself remains compelling.