Published as a tribute to the memory of Elisha Pazner, this book contains a collection of essays providing a comprehensive view of the design and evaluation of economic mechanisms, written and edited by the major contributors to the field. Amongst the topics included are bargaining theory and the economics of competitive bidding. The surveys are preceded by 'A Perspective', by Leo Hurwicz which contains a systematic account of the development of the literature on mechanism design, and this provides a context (...) for both the surveys and the six published papers authored or co-authored by Elisha Pazner that complete the book and demonstrate Pazner's interest in and contribution to the study of economic mechanisms. Leonid Hurwitcz is the Nobel Prize Winner 2007 for The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, along with colleagues Eric Maskin and Roger Myerson, for his work on the effectiveness of markets. (shrink)

The Securities and Exchange Commission (SEC) sanctioned investor-paid rating agency Egan-Jones for falsely stating that it did not know its clients’ investment positions. The SEC’s action against Egan-Jones raises the broad question whether knowledge of clients’ investment positions creates a conflict of interest for investor-paid ratings. In an experimental setting, we find that investor-paid rating agencies are likely to assign credit ratings that are biased in favor of their clients’ positions, and that this effect is attenuated when the rated company (...) has a sophisticated investor base that is expected to scrutinize ratings. The effect is not conditional on the risk profile of the rated companies. Taken together, our findings suggest that a conflict of interest stemming from investors’ preferences is likely to bias ratings under investor-pays business models, but scrutiny by the company’s investor base can counteract this bias. (shrink)

' Here is Tolstoy's religion; and non-violence is at its heart. Simon Parke, author of The Beautiful Life.

The eukaryotic genome is a mosaic of eubacterial and archaeal genes in addition to those unique to itself. The mosaic may have arisen as the result of two prokaryotes merging their genomes, or from genes acquired from an endosymbiont of eubacterial origin. A third possibility is that the eukaryotic genome arose from successive events of lateral gene transfer over long periods of time. This theory does not exclude the endosymbiont, but questions whether it is necessary to explain the peculiar set (...) of eukaryotic genes. We use phylogenetic studies and reconstructions of ancestral first appearances of genes on the prokaryotic phylogeny to assess evidence for the lateral gene transfer scenario. We find that phylogenies advanced to support fusion can also arise from a succession of lateral gene transfer events. Our reconstructions of ancestral first appearances of genes reveal that the various genes that make up the eukaryotic mosaic arose at different times and in diverse lineages on the prokaryotic tree, and were not available in a single lineage. Successive events of lateral gene transfer can explain the unusual mosaic structure of the eukaryotic genome, with its content linked to the immediate adaptive value of the genes its acquired. Progress in understanding eukaryotes may come from identifying ancestral features such as the eukaryotic splicesome that could explain why this lineage invaded, or created, the eukaryotic niche. BioEssays 28:57–64, 2006. © 2005 Wiley Periodicals, Inc. (shrink)

We argue that Hilary Putnam's pragmatism provides an epistemological perspective which can help us understand--and can positively inform--the development of informal logic.

Applied ontology is the attempt to put to use the rigorous tools of philosophical ontology in the development of category systems which can be of use in the formalization and systematization of knowledge of a given domain. In what follows we shall sketch some elements of the ontology of legal and socio-political institutions, paying attention especially to the normativity involved in such institutions. We shall see that there is more than one type of normativity, but that this fact that has (...) often been ignored in standard attempts by philosophers to build ontologies of legal and other socio-political entities. In order to provide a sound system of categories for legal and socio-political institutions and entities, however, the manifold of normativity needs to be addressed. The classical examples of normative statements have been moral propositions; they do not merely describe states of affairs; they tell us how states of affairs ought to be. The distinction between how things are and how they ought to be is the basis of the distinction between fact and value. Analytic philosophers for a long time shunned discussions of normativity and ethics. They considered ethical statements as pseudo-propositions, or as expressions of pro- or con-attitudes of no theoretical significance.1 Nowadays, in contrast, prominent analytic philosophers discuss normative problems and there are important books written by such philosophers on topics such as law and justice. Here we pay attention to three seminal thinkers in this development: H. L. A. Hart, John Rawls, and John R. Searle in concerning ourselves especially with the way in which they deal with the issue of normativity. Hart is, within the context of recent analytic philosophy, the most important philosopher of law, Rawls the most.. (shrink)

At the confluence between Modern Olympism and Confucian teachings—nowadays embodied and expressed in East Asian Confucianisms—there are meaningful overlaps, significant challenges, and opportunities. This paper examines these. Despite radically different origins and apparently incommensurate tenets, we should not assume that the underlying ideals of Modern Olympism and East Asian Confucianisms cannot benefit mutually. It is precisely when considering their putative weak points, such as Modern Olympism's soft metaphysics or vague ethics or Confucianism's bias against physical activity or gender, that we (...) find educational opportunities that make contributions to a universal humanistic sport education. (shrink)

Shows how Italian philosopher Giambattista Vico (1668-1744) picked up ideas on metaphor and ingenuity from the literary rhetoric of the age and turned them into valuable concepts in a general theory of knowledge and the philosophy of history for which he is now mainly known. Also shows how his original position enabled him to criticize Descartes' idea of rationality. Appends translations of relevant passages from contemporary writers. Annotation copyrighted by Book News, Inc., Portland, OR.

De oude idealen van regering door de best opgeleiden, die weten hoe zij met de verantwoordelijkheid van de macht moeten omgaan, zijn thans vervangen door technologie in vele vormen, die slechts een schijn van democratie in stand houden.

The Adoption Problem (AP) was a postponed issue for some years (Kripke, 2024; Padró, 2015; Birman, 2024). This problem highlights certain difficulties surrounding the adoption of rules of inference: If anti-exceptionalism is wrong, is it possible to adopt an alternative logic? What is the point of the revision of logic in epistemology? During 2022 Kripke, Padró and Barrio held seminars on AP. The latter two edited the first thematic section on this subject in the journal Análisis Filosófico. It contains “What (...) the Adoption Problem Does Not Show” by Camilo Fiore, subject of this critical note, in which Fiore holds two theses: 1) AP is compatible with the thesis that logica utens is revisable; 2) to assess whether an agent can revise their logic, it is best to consider a different definition of adoption, e.g. weak adoption, according to which Universal Instantiation and Modus Ponens are sometimes adoptable. It then states that (1) and (2) are independent. In this article I will criticize the independence between (1) and (2). To this end, I will point out that thesis (1) and (2) are supported by the examples of Carrie and Barry, respectively, and that the type of logical revision involved in both is the same and local. Therefore, (1) and (2) are not independent. Next, I argue that it is impossible to satisfy another kind of logical revision, e.g. global revision. Therefore, the interdependence between (1) and (2) is not due to the examples proposed. (shrink)

Corposcopio is a collaborative project that integrates two different worlds or territories: circle dances and new media technologies. Ancient circle dances are cultural manifestations present in different countries around the world. They have a great power of community integration and provide a unique experience of extended consciousness. In Brazil there are a number of amazing circle dances and one of the most popular is called ciranda, whose movements are inspired by sea waves. Ciranda is performed by hundreds of people and (...) some participants fall into a trance. The purpose of the interactive performance is to stimulate, simultaneously, the perception of the media in contemporary reality and the collective body emergence. Corposcopio invites the participants to experience some circle dances and aggregates real-time image manipulation, software art, VJ and remix aesthetics. The transparent, ubiquitous and pervasive presence of computer systems in contemporary spaces is a quotidian fact. Nevertheless, the emergence of digital communities demonstrated the power of the human factor in the disruptive use of technologies. Human beings are social beings. Our depart point is to invite the participants to dance within the scenery of real-time image manipulation, ubiquitous computing and mixed reality. The performance itself deals with co-creation development and uncertainty. Each performance has peculiar characteristics hence it is an open system, open to receive the group interaction and participation. The experience stimulates an extended consciousness, a simultaneous perception of the individual body and the collective body. Our hypothesis is that each group will catalyze the emergence of an embodied consciousness of our mediated situation in a different way. As Bernhard Wosien (1988), one of the pioneer researchers on circle dance, has said, dance is a path to totality. In Wosien's view, circle dance has deep ritual characteristics and evokes a tremendous collective enthusiasm. (shrink)

This book addresses the examination of notions related to space in geography as conditions of social praxis. The author analyzes the critical currents of geography that take a stand in the face of the political consequences of the so-called traditional geography, discuss the criteria from which criticism is exercised in geographic research and reflect on nature and geopolitics from the perspective of criticism of political economy. In this way, in the texts that make up this volume, the necessary debate is (...) invited to overcome the chaos in which the use of categories such as "territory," "region," "place" and "scale" are found in social theory. (shrink)