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Conditionalization governs how to reallocate credence in light of new evidence. One prominent argument in favor of Conditionalization holds that an agent who violates it is vulnerable to a diachronic Dutch book: a series of acceptable bets offered at multiple times that inflict a sure loss. van Fraassen argues that an agent who violates the Principle of Reflection is likewise vulnerable to a diachronic Dutch book. He concludes that agents should conform to both Conditionalization and Reflection. Some authors reply that Reflection is implausible and hence that there must be something wrong with diachronic Dutch book arguments. Other authors try to isolate a principled difference between the Dutch book argument for Conditionalization and the Dutch book argument for Reflection, such that the former argument may succeed even though the latter fails. I pursue a version of this strategy. I contend that, once we properly elucidate the notion of sure loss, non‐reflectors are not vulnerable to a sure loss. An agent who violates Reflection is not thereby subject to a diachronic Dutch book. Appearances to the contrary result from an unmotivated focus upon an overly narrow set of gambling scenarios. [ABSTRACT FROM AUTHOR]

Bayesian decision theory is a mathematical framework that models reasoning and decision‐making under uncertain conditions. The past few decades have witnessed an explosion of Bayesian modeling within cognitive science. Bayesian models are explanatorily successful for an array of psychological domains. This article gives an opinionated survey of foundational issues raised by Bayesian cognitive science, focusing primarily on Bayesian modeling of perception and motor control. Issues discussed include the normative basis of Bayesian decision theory; explanatory achievements of Bayesian cognitive science; intractability of Bayesian computation; realist versus instrumentalist interpretation of Bayesian models; and neural implementation of Bayesian inference. This article is categorized under:Philosophy > Foundations of Cognitive Science [ABSTRACT FROM AUTHOR]