Peirce and Frege both distinguished between the propositional content of an assertion and the assertion of a propositional content, but with different notational means. We present a modification of Peirce’s graphical method of logic that can be used to reason about assertions in a manner similar to Peirce’s original method. We propose a new system of Assertive Graphs, which unlike the tradition that follows Frege involves no ad hoc sign of assertion. We show that axioms of intuitionistic logic can be (...) derived from AGs, and argue that AGs analyse and represent assertions and illocutionary content in a way which is motivated both by its logical properties and its historical connection with the ideas that led to the development of the graphical method. (shrink)

The accurate pricing of securities in the capital markets depends upon the markets being both efficient and fair. In management buyout transactions (MBOs), the price bid by inside managers enhances the efficient pricing of securities but raises a reasonable doubt about the fairness to existing shareholders. This study addresses this fairness question in MBOs and offers short-term and long-term legal alternatives which allow both the efficiency and fairness criteria to be met. In the short-term the case law established in the (...) Basic v. Levinson decision for merger negotiation disclosures should be applied to MBO transactions. Over the longer horizon, legislative changes should be made to existing securities laws. Applying the investor protection principles of the 1933 and 1934 securities acts to MBO transactions will suppress the temptation of managers to extract shareholder wealth for their personal gain. (shrink)

Contributions in the concept of the divine; influence; Islamic philosophy.