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    Price's agency theory establishes that causal direction i... — Carmelics
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    Supports→The bilking argument does not successfully demonstrate that backward causation is impossible

    Price's agency theory establishes that causal direction is indexed to the perspective of agents, meaning backward causation is coherent wherever an agent's earlier actions systematically influence later states.

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    Key Terms

    Agency theory(as Price's main contribution)
    A philosophical framework that explains how agents (things that act and make choices) relate to causation; it suggests that what counts as a cause depends on the perspective of whoever is acting.
    Causal direction(as what logical sufficiency cannot determine on its own)
    The question of which event is the cause and which is the effect; distinguishing whether A causes B or B causes A.
    Indexed to the perspective(as how causal direction works in the theory)
    Means something's meaning or truth depends on who is observing it or what viewpoint you're taking; it's not the same for everyone.
    Price (Huw Price)(as the originator of agency theory)
    A contemporary philosopher who studies how time, causation, and perspective work together; he argues that the direction of cause-and-effect isn't absolute but depends on who's looking at it.

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    Systematically influence(as how earlier actions relate to later states)
    Regularly and reliably affect something in a pattern; not random or one-time, but following a consistent rule.
    backward causation(Discussed as something free will considerations might argue against)
    Causation in which a later event causes an earlier event, running opposite to the normal temporal direction
    coherent(de Finetti's usage in the context of the Dutch Book argument for probabilism)
    A subject is coherent if their unconditional degrees of belief do not permit a Dutch Book (a guaranteed loss through a combination of bets) to be made against them

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    Causation1 linked

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    The bilking argument does not successfully demonstrate that backward causation i...

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