We study the equilibrium behavior of informed traders interacting with market scoring rule (MSR) market makers. One attractive feature of MSR is that it is myopically incentive compatible: it is optimal for traders to report their true beliefs about the likelihood of an event outcome provided that they ignore the impact of their reports on the profit they might garner from future trades. In this paper, we analyze non-myopic strategies and examine what information structures lead to truthful betting by traders. (...) Specifically, we analyze the behavior of risk-neutral traders with incomplete information playing in a dynamic game. We consider finite-stage and infinite-stage game models. For each model, we study the logarithmic market scoring rule (LMSR) with two different information structures: conditionally independent signals and (unconditionally) independent signals. In the finite-stage model, when signals of traders are independent conditional on the state of the world, truthful betting is a Perfect Bayesian Equilibrium (PBE). Moreover, it is the unique Weak Perfect Bayesian Equilibrium (WPBE) of the game. In contrast, when signals of traders are unconditionally independent, truthful betting is not a WPBE. In the infinite-stage model with unconditionally independent signals, there does not exist an equilibrium in which all information is revealed in a finite amount of time. We propose a simple discounted market scoring rule that reduces the opportunity for bluffing strategies. We show that in any WPBE for.. (shrink)

全国教育科学“八五”规划国家教委级重点课题研究成果得到全国教育科学规划领导小组、山西省教育委员会、山西师范大学、语文报社的资助.

本书内容包括:“法律政治人——人的光明,法的黑暗”;“再论律师——朦胧选项里的清楚选择”;“检察官——正义守卫或贪腐共犯”;“再论检察官——人与制度的双面期待”等。.

本书是作者对文艺学美学现象和问题深入思考的成果辑集,内容涵盖文艺美学,文学批评,文学理论,当代审美文化,文学理论教材研究,戏曲理论,文艺学方法论等方面,基础研究与前沿性探索并重,具有一定的学术参考价值 .

本书内容包括:中国共产党的党性和先进性、新时期共产党员必须加强党性修养、怎样进行党性修养等。.

v. 1 - 2. Yan Yuan wen ji -- v. 3 - 4. Li Gong wen ji -- v. 5. Yan shi xue ji. Yan Xizhai zhe xue si xiang shu -- v. 6. Yan Xizhai he Du Wei zhe xue si xiang ji jiao yu si xiang de bi jiao yan jiu. Yan Li xue pai -- v. 7. Yan Yuan ping zhuan. Yan Yuan yu Li Gong -- v. 8. Li Gong ping zhuan. Li Gong si xiang yan (...) jiu -- v. 9 - 10. Yan Li xue pai yan jiu wen xuan. (shrink)

We consider two ways one might use algorithmic randomness to characterize a probabilistic law. The first is a generative chance* law. Such laws involve a nonstandard notion of chance. The second is a probabilistic* constraining law. Such laws impose relative frequency and randomness constraints that every physically possible world must satisfy. While each notion has virtues, we argue that the latter has advantages over the former. It supports a unified governing account of non-Humean laws and provides independently motivated solutions to (...) issues in the Humean best-system account. On both notions, we have a much tighter connection between probabilistic laws and their corresponding sets of possible worlds. Certain histories permitted by traditional probabilistic laws are ruled out as physically impossible. As a result, such laws avoid one variety of empirical underdetermination, but the approach reveals other varieties of underdetermination that are typically overlooked. (shrink)

Research into innovative behavior is not new, but its importance for organizational effectiveness has become even more evident in recent years. However, the psychological processes and underlying mechanism concerning how and why innovative behavior occurs within an organization still invite more investigation. The present study considers ambidextrous organizational culture as a pro-innovation culture and proposes that it can be perceived by employees, which leads to their innovative behavior. This study adds clarity by exploring the impact of perceived ambidextrous organizational culture (...) on employees’ reactions related to innovation via the intermediate mechanism of psychological empowerment and the moderating condition of transformational leadership. Hypotheses are derived from a motivational perspective based on self-determination theory. Results are based on data collected from 647 Chinese employee-supervisor dyads. This study finds that employees’ perceptions of ambidextrous organizational culture have an indirect effect on innovative behavior through psychological empowerment. Specifically, the positive indirect relationship is amplified when transformational leadership is at a higher level. Our findings show how the mediating mechanism of psychological empowerment and the moderating condition of transformational leadership work together to improve innovation by individuals. The findings reveal several ways in which organizations can strategically focus on their cultural and supervisory training, such as applying this model to improve employees’ outcome related to innovation. (shrink)

Professor Chen Ning Yang, an eminent contemporary physicist, was Professor at the Institute for Advanced Study, Princeton, New Jersey, from 1955 to 1966, and Albert Einstein Professor of Physics at the State University of New York at Stony Brook until his retirement in 1999. He has been Distinguished Professor-at-Large at the Chinese University of Hong Kong since 1986 and Professor at Tsinghua University, Beijing, since 1998. Since receiving his PhD from the University of Chicago in 1948, Prof Yang has (...) made great impacts in both abstract theory and phenomenological analysis in modern physics. In 1983, he published "Selected Papers (1945-1980), With Commentary". It has been considered by Freeman Dyson as one of his favorite books. The present book is a sequel to that earlier volume. It is a collection of his personally selected papers (1971-2012) supplemented by his insightful commentaries. Its contents reflect Professor Yang's changing interests after he reached age sixty. It also includes commentaries written by him in 2011 when he is 89 years old. The papers and commentaries in this unique collection comprise a remarkable personal and professional chronicle, shedding light on both the intellectual development of a great physicist and on the nature of scientific inquiry. (shrink)

In this study, we are concerned with how agents can best amalgamate their private information about a binary state of Nature. The agents are heterogeneous in their “ability”, the quality of their private information. The agents cannot directly communicate their private information but instead can only vote between the two states. We first describe possible methods of sequential majority voting, and then we analyze a particular one: the first n-1\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$$n-1$$\end{document} jurors vote (...) simultaneously and, in the case of a tie, the remaining juror has the casting vote. We prove that when n=3\documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document}$$n=3$$\end{document}, the probability of a correct verdict is maximized when the agent of median ability has the casting vote. (shrink)

Over the past generation, the rise of East Asia and especially China, has brought about a sea change in the economic and political world order. At the same time, global warming, environmental degradation, food and water shortages, population explosion, and income inequities have created a perfect storm that threatens the very survival of humanity. It is clear now that the Westphalian model of individual sovereign states seeking their own self-interest will not be able to respond effectively to this win-win or (...) lose-lose crisis. In this volume, a cadre of distinguished scholars comes together to reflect on Confucianism and Deweyan pragmatism as possible resources for a new geopolitics that begins from an ontology of interdependence and recognizes the irreducibly ecological nature of the human experience at every level. Both Confucian and Deweyan traditions emphasize the primacy of experience, the importance of vital relationality, and the moral roots of good governance. The potential benefits of conceptually blending the two are many. Indeed, the contemporary Chinese philosopher Tang Junyi provides us with a cosmological understanding of the "idea" of Confucianism that, in parallel to Dewey's "idea" of democracy, can enable us to anticipate the core values, if not the specific contours, of a "Confucian democracy." Just as Dewey's "idea" of democracy is his vision of the flourishing communal life made possible by the contributions of the uniquely distinguished persons that constitute it, Tang Junyi's Confucianism is a pragmatic naturalism directed at achieving the most highly integrated cultural, moral, and spiritual growth for the individual-in-community. In both, we find an affirmation of communal harmony as a process "starting here and going there" through which those involved learn together to do ordinary things in extraordinary ways. Just such a cosmological understanding of democracy is one way of describing what will be needed to address the many predicaments characterizing the environmental, cultural, socioeconomic, and political dynamics of the twenty-first century. (shrink)

The connotation of the “Luddite Imagination” refers to the concepts of the “Luddite Movement” and the “Luddites”, those events and individuals who are seen as conservatives behind the times. The negative connotation of the “Luddite Imagination” changed from the political connotation to cultural connotation. Neo-Luddism identifys the rational advocacy in defense of the old Luddite Movement; There are deep-seated issues involved behind the rehabilitation of thenegative connotation of the “Luddite Imagination”; It has comparative implications on China’s modernization process.

This article analyses and compares the classical science fiction film Blade Runner and its recent sequel Blade Runner 2049 from the perspective of Zizek's subjectivity theory. Through Zizek's tracing and weaving the concept of subjectivity from Descartes' radical doubt to metaphysical subject and then death drive in Lacanian psychoanalysis, it will argue that the principle concern of this film is the issue of subjectivity, and while carefully scrutinizing replicants in the films with the multi-faceted conception of Zizekian subject, a detailed (...) comparison between these two films could be accomplished. Subsequently, by analyzing from the genre, namely noir and cyberpunk, it will point out the world delineated in both film is a claustrophobic and paranoid one, as well as a postmodern multicultural world. The denizens of this world lead a machine-like and unreflecting life due to the decline of the Big Other. Finally, by associating subjectivity with death drive, the ultimate significance of subjectivity is revealed as a weapon to antagonize the repressing symbolic order and redeem our world from an apocalyptic future presaged in the films. (shrink)

This book inaugurates a new phenomenology of humanity wherein a conception of humans as a unique category of beings is developed, and new solutions to problems that are preoccupied in present existentialism are also developed.