Abstract

Decision-theoretic representation theorems have been developed and appealed to in the service of two important philosophical projects: in attempts to characterise credences in terms of preferences, and in arguments for probabilism. Theorems developed within the formal framework that Savage developed have played an especially prominent role here. I argue that the use of these ‘Savagean’ theorems create significant difficulties for both projects, but particularly the latter. The origin of the problem directly relates to the question of whether we can have credences regarding acts currently under consideration and the consequences which depend on those acts; I argue that such credences are possible. Furthermore, I argue that attempts to use Jeffrey’s non-Savagean theorem in the service of these two projects may not fare much better.