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Buchak, Lara. Risk and Rationality
2013, Oxford: Oxford University Press.

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Added by: Jie Gao
Publisher's Note: Lara Buchak sets out a new account of rational decision-making in the face of risk. She argues that the orthodox view is too narrow, and suggests an alternative, more permissive theory: one that allows individuals to pay attention to the worst-case or best-case scenario, and vindicates the ordinary decision-maker.
Comment: This book argues for an alternative account of ideal rationality as opposed to the orthodox view in terms of expected utility theory. Buchak manages to explain the technical details of her theory in such a non-technical way that any student of philosophy will be able to follow her discussion. The book moreover contains very interesting passages on what we might call "the philosophy of decision theory", such as metaphysical and epistemological issues concerning utilities and probabilities. This makes it a good teaching material for courses on decision theory and philosophy of action.
McKinnon, Rachel. Trans*formative Experience
2015, McKinnon, Rachel (2015). Trans*formative Experiences. Res Philosophica 92 (2):419-440.
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Added by: Petronella Randell

Abstract: What happens when we consider transformative experiences from the perspective of gender transitions? In this paper I suggest that at least two insights emerge. First, trans* persons’ experiences of gender transitions show some limitations to L. A. Paul’s (2015) decision theoretic account of transformative decisions. This will involve exploring some of the phenomenology of coming to know that one is trans, and in coming to decide to transition. Second, what epistemological effects are there to undergoing a transformative experience? By connecting some experiences of gender transitions to feminist standpoint epistemology, I argue that radical changes in one’s identity and social location also radically affects one’s access to knowledge in ways not widely appreciated in contemporary epistemology.

Comment: This paper would work well as an additional reading on a week about transformative experience, particularly on a module which includes feminist philosophy. The paper argues that the choice to transition can be made rationally, despite this decision being a transformative decision.
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Ullmann-Margalit, Edna. Big Decisions: Opting, Converting, Drifting
2006, Ullmann-Margalit, Edna (2006). Big Decisions: Opting, Converting, Drifting. Royal Institute of Philosophy Supplement 58:157-172.
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Added by: Petronella Randell

Abstract: I want to focus on some of the limits of decision theory that are of interest to the philosophical concern with practical reasoning and rational choice. These limits should also be of interest to the social-scientists’ concern with Rational Choice.

Comment: Ullmann-Margalit's work on big decisions is a significant precursor to L.A. Paul's work on transformative experience. This paper introduces the idea of big decisions as a problem for decision theory, and would be suitable as the essential or further reading on a week discussing challenges to decision theory, rational choice, or on transformative experience.
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