We examine the association between gender-diverse compensation committees and CEO pay and find that CEO compensation levels are negatively associated with gender-diversity of the compensation committee, but not gender-diversity of the board. Furthermore, we find that excess CEO compensation is negatively related to subsequent return on assets for firms with an all-male compensation committee but not for firms with a gender-diverse compensation committee. These results suggest that CEOs do receive some level of excess compensation which can be mitigated by having (...) one or more females on the compensation committee. (shrink)

In this article Zoltán Somhegyi investigates the aesthetic qualities of Northern landscape representations, with a special focus on how contemporary examples are connected to classical ones. First he examines the history of the aesthetic appreciation of these sites, starting from their early modern reception and from the differentiation of “Northern” and “Mediterranean” landscapes: while the Mediterranean ones were highly valued already from the 15th–16th centuries on, the “wilder” Northern landscapes were admired mainly from Romanticism onwards. This has, among others, an (...) aesthetichistorical reason, namely the birth of the category of the sublime; and in this case the harmonious Mediterranean landscapes and the irregular yet impressive Northern ones relate to each other as the category of beautiful does to the sublime. This is why from Romanticism on Northern landscapes became not only aesthetically valuable, but even more capable than the Southern ones to move the spectator. This is especially because, from a gnoseological point of view, the landscape might be a place – and the landscape representation a means – of self-interpretation. The historical overview is then used to better understand some of the most important characteristics of contemporary Northern landscape interpretations and representations from leading artists of the region, which are analysed in the second part of the article. (shrink)

A central puzzle of contemporary moral and political philosophy is that while most of us believe that all or almost all human beings enjoy the same moral status, human beings possess the capacities that supposedly ground moral status to very unequal levels. This paper aims to develop a novel strategy to vindicate the idea of moral equality against this challenge. Its central argument is that the puzzle emerges only if one accepts a usually unstated theoretical premise about value and the (...) proper response to value. The premise holds that if the presence of a valuable property warrants a certain kind of response towards its bearers, then every variation in the degree to which the property is present necessarily constitutes a reason for a corresponding variation in the response that is warranted towards its bearers. It argues that despite its intuitive appeal, the premise is not plausible as a general view about the proper way of responding to value, and as a view about responding to the value of rational beings in particular. It proposes an account of the proper manner of valuing rational beings that supports a distinctive version of the so-called threshold approach to justifying equal moral status. (shrink)

This article focuses on the perception of the importance of business ethics among Czech and Slovak entrepreneurs (this includes business owners and managers) within the SME sector. The comparison is based on an analysis of the approach to business ethics according to a set of parameters, namely company size, years in business, and the gender and education of the entrepreneurs. Empirical research was conducted in 2020 on a sample set consisting of 454 respondents in the Czech Republic and 368 respondents (...) in Slovakia. The most important outcome of the research was the finding that business ethics is considered extremely important in both countries. The research results not only revealed that just over 90% of Czech entrepreneurs and 88% of Slovak entrepreneurs within the SME sector agreed that they should take into account the moral and ethical consequences of their decisions, but that the structure of their answers was very similar. Also, of interest were the findings that women were more aware of business ethics than their male counterparts, as were those entrepreneurs who possessed a higher education over those with a secondary education. (shrink)

Combining up-to-date scholarship with clear and accessible language and helpful exercises, Metaphor: A Practical Introduction is an invaluable resource for all readers interested in metaphor. This second edition includes two new chapters--on 'metaphors in discourse' and 'metaphor and emotion' --along with new exercises, responses to criticism and recent developments in the field, and revised student exercises, tables, and figures.

Do metonymies play any role in the emergence of metaphors? There is a debate between scholars who suggest that many metaphors are based on, or derive from, metonymies, versus those who do not see such connection between the two. “Resemblance metaphors” do not seem to have anything to do with metonymy. However, in the case of “correlation metaphors” (see, e.g., CitationGrady, 1997a, Citation1997b, Citation1999; CitationLakoff & Johnson, 1980, Citation1999), several researchers argue that metaphors arise from, and are not independent of, (...) metonymies. My specific proposal in the article is that correlation-based metaphors emerge from frame-like mental representations through a metonymic stage. I suggest this happens when one of the elements of a frame-like mental structure is generalized (schematized) to a concept that lies outside the initial frame in a different part of the conceptual system. The generalization process leads to sufficient conceptual distance between the initial and the new frame on which metaphors can be based. (shrink)

We explore three methods for measuring the conscious status of knowledge using the artificial grammar learning paradigm. We show wagering is no more sensitive to conscious knowledge than simple verbal confidence reports but is affected by risk aversion. When people wager rather than give verbal confidence they are less ready to indicate high confidence. We introduce a “no-loss gambling” method which is insensitive to risk aversion. We show that when people are just as ready to bet on a genuine random (...) process as their own classification decisions, their classifications are still above baseline, indicating knowledge participants are not aware of having. Our results have methodological implications for any study investigating whether people are aware of knowing. (shrink)

This chapter explores the relational critique of distributive conceptions of justice, according to which the proper focus of egalitarian justice is the egalitarian nature of social relations rather than the equal distribution of certain goods. It maintains that the relational critique constitutes a fundamental challenge to distributive egalitarianism only if it rejects the “core distributive thesis” that holds that the distribution of some nonrelational goods has relation-independent significance for justice. It argues that several relational proposals are compatible with that thesis, (...) and therefore constitute extensions or revisions of the distributive conception rather than alternatives to it, and that those relational views that reject the core distributive thesis are the least plausible ones. Finally, the chapter shows that relational views are often ambiguous regarding the nature of the significance of egalitarian relations, i.e. whether it consists in their contribution to well-being, or in being the fitting response to equal moral status. (shrink)

This is the first systematic survey of modern nominalistic reconstructions of mathematics, and for this reason alone it should be read by everyone interested in the philosophy of mathematics and, more generally, in questions concerning abstract entities. In the bulk of the book, the authors sketch a common formal framework for nominalistic reconstructions, outline three major strategies such reconstructions can follow, and locate proposals in the literature with respect to these strategies. The discussion is presented with admirable precision and clarity, (...) and should be accessible even to readers with only minimal background in logic and mathematics. There will be many who will turn directly to these pages and use them as a brief manual on the state of the art of nominalism in mathematics. But the most intriguing parts of this elegant book—at least in my view—are the introduction and the conclusion, where the authors examine the significance of reconstructive nominalism. (shrink)

Disagreement in politics is ubiquitous. People disagree about what makes a life worthy or well-lived. They disagree about what they owe to each other in terms of justice. They also disagree about the proper manner of dealing with the consequences of disagreement. What is more, they disagree about the normative significance of moral and political disagreement. Disagreement has been, for at least three decades now, the focus of a series of major works in political philosophy. It has been called one (...) of the fundamental ‘circumstances of politics’ by Waldron. Rawls took disagreement to be at the heart of the problem of political legitimacy. Gerald Gaus takes it to be the most important task of liberal political theory to justify political institutions in the face of ‘evaluative diversity’. For Thomas Christiano, disagreement is part of the basis of the authority of democracy.Political institutions make decisions and rules that are binding f. (shrink)

This paper considers two subjective measures of the existence of unconscious mental states - the guessing criterion, and the zero correlation criterion - and considers the assumptions underlying their application in experimental paradigms. Using higher order thought theory the impact of different types of biases on the zero correlation and guessing criteria are considered. It is argued that subjective measures of consciousness can be biased in various specified ways, some of which involve the relation between first order states and second (...) order thoughts, and hence are not errors in measurement of the conscious status of mental states; but other sorts of biases are measurement errors, involving the relation between higher order thoughts and their expression. Nonetheless, it is argued this type of bias does not preclude subjective measures - both the guessing criterion and the zero correlation criterion - as being amongst the most appropriate and useful tools for measuring the conscious status of mental states. (shrink)

Leading scholars in the philosophy of language and theoretical linguistics present brand-new papers on a major topic at the intersection of the two fields, the distinction between semantics and pragmatics. Anyone engaged with this issue in either discipline will find much to reward their attention here. Contributors: Kent Bach, Herman Cappelen, Michael Glanzberg, Jeffrey C. King, Ernie Lepore, Stephen Neale, F. Recanati, Nathan Salmon, Mandy Simons, Scott Soames, Robert J. Stainton, Jason Stanley, Zoltan Gendler Szabo.

Subjects exposed to strings of letters generated by a finite state grammar can later classify grammatical and nongrammatical test strings, even though they cannot adequately say what the rules of the grammar are (e.g., Reber, 1989). The MINERVA 2 (Hintzman, 1986) and Medin and Schaffer (1978) memory‐array models and a number of connectionist outoassociator models are tested against experimental data by deriving mainly parameter‐free predictions from the models of the rank order of classification difficulty of test strings. The importance of (...) different assumptions regarding the coding of features (How should the absence of a feature be coded? Should single letters or digrams be coded?), the learning rule used (Hebb rule vs. delta rule), and the connectivity (Should features be predicted only by previous features in the string, or by all features simultaneously?) is investigated by determining the performance of the models with and without each assumption. Only one class of connectionist model (the simultaneous delta rule) passes all the tests. It is shown that this class of model can be regarded by abstracting a set of representative but incomplete rules of the grammar. (shrink)

Background to the brain: the identity of consciousness -- Neoteny: the breaking of the hominid impasse -- Nuts and bolts to build a language -- Cognitive bootstrapping: the epigenesis of language -- A device to move mountains: dual output, single focus -- Language: the Trojan horse of negative entropy -- What is this thing called mind? -- The alchemy of self-deception: introspection at work -- Functional autonomy: the triumph of evolutionary bootstrapping -- About the self: fiction and fact -- Unfinished (...) business: skeletons in the cupboard -- At the edge of comprehension. (shrink)

The paper examines the relationship between the two parts of Rawls’ second principle of justice. More specifically, it explores the ways in which the Difference Principle (DP) may constrain the range of acceptable social arrangements in light of the stated lexical priority of the requirement of fair equality of opportunity (FEO) over the DP. The paper discusses two possibilities. First, it examines the role the DP may play within an institutional scheme that satisfies the requirement of FEO. Second, it discusses (...) the role the principle may play in selecting among different institutional schemes that satisfy FEO. The paper argues that the DP has an important role only if there is a range of institutional arrangements that are equivalent from the point of view of FEO but non-equivalent from the point of view of the DP. Next, it explores the possible sources of the variation among the different FEO-equivalent institutional schemes, and argues that on the most satisfactory reading of the requirement of FEO, there will not be much variation that is relevant from the point of view of the DP. The paper concludes that the role of the Difference Principle is at best very limited in constraining the range of social arrangements that are acceptable from the point of view of justice. (shrink)

This research explores the application of an innovative learning approach by using trading simulation tutorials to reinforce the conventional learning styles in a corporate finance subject at postgraduate level. The majority of surveyed students perceive that their learning experience has been significantly enhanced through simulated trading tutorials. The post-trading survey shows students also indicate feeling more confident to self-monitor their learning. Furthermore, themajority of students feel able to recognise ethical issues in relation to trading in securities. This research highlights some (...) potentially negative effects if trading simulations were to be used in isolation without providing students with a solid background in ethics. This issue is even more relevant in the post Global Financial Crisis environment. If carefully designed and implemented, trading simulations have a potential to mitigate some potentially negative effects of the use of technology and be an effective and inclusive teaching tool. (shrink)

Combining the methodologies of art history, aesthetics and cultural history, this book opens up new ways of looking at the phenomenon of ruins.

In the following text I provide my response to the three reviewers of my book titled “Reviewing the Past. The Presence of Ruins”. First I list a few elements that all the reviewers highlighted. Then, I answer the insightful comments and detailed observations brought forward by them, organised in thematic structures. In this part I start with the three main criteria and the agency of Nature in ruination. Then I investigate the issues regarding the so-called “contemporary ruins”. Ruins’ environmental character, (...) context and sitedness are put into focus in the next section, to finally arrive to the equally inspiring questions of picturesque, sublime and to the issues of representation. (shrink)

Philosophers and linguists alike tend to call a semantic theory ‘Russellian’ just in case it assigns to sentences in which definite descriptions occur the truth-conditions Russell did in ‘On Denoting’. This is unfortunate; not all aspects of those particular truth-conditions do explanatory work in Russell's writings. As far as the semantics of descriptions is concerned, the key insights of ‘On Denoting’ are that definite descriptions are not uniformly referring expressions, and that they are scope-bearing elements. Anyone who accepts these two (...) claims can account for Russell's puzzle cases the way he did. Russell had no substantive argument for the claim that ‘The F is G’ entails ‘There is at most one F’; in fact, he had important misgivings about it. I outline an argument against this claim, and I argue that by holding on to uniqueness contemporary semanticists make a momentous mistake: they keep the illusion alive that there is a way to account for linguistic meaning without addressing what linguistic expressions are for. (shrink)

The aim of this paper is to present an explanation for the impact of normative considerations on people’s assessment of certain seemingly purely descriptive matters. The explanation is based on two main claims. First, a large category of expressions are tacitly modal: they are contextually equivalent to modal proxies. Second, the interpretation of predominantly circumstantial or teleological modals is subject to certain constraints which make certain possibilities salient at the expense of others.

I argue against the standard view that ontological debates can be fully described as disagreements about what we should believe to exist. The central thesis of the paper is that believing in Fs in the ontologically relevant sense requires more than merely believing that Fs exist. Believing in Fs is not even a propositional attitude; it is rather an attitude one bears to the term expressed by 'Fs'. The representational correctness of such a belief requires not only that there be (...) Fs, but also that the term expressed by 'Fs' should not misrepresent them. In certain cases we might believe that there are Fs without believing our conception of Fs applies to them. This may well be the situation we are in with regard to abstract entities of various sorts. (shrink)

This essay draws on Ludwig Wittgenstein’s work to argue for a practice-oriented concept of expertise. We propose that conceptualizing types of expertise as having a family resemblance, relative to the problems such expertise addresses, escapes certain limitations of defining expertise as primarily epistemic. Recognizing the pragmatic purchase on actual problems a Wittgensteinian approach provides to discussions of expertise, we seek to understand the nature of expertise in situations where the people who need to make a difficult decision do not possess (...) or have access to the epistemic status that traditionally confers expertise. These are situations where people need to answer difficult questions that, while they may be informed by expertise in the epistemic register, are ultimately decided by expertise that weighs certified knowledge against the intractable characteristics of a particular situation. We suggest that there is not—even deep down on a conceptual level—only one kind of expertise, but multiple kinds of expertise that resonate with diverse kinds of problems. (shrink)

We make three points. First, the concept of productance value that the authors propose in their defense of color physicalism fails to do the work for which it is intended. Second, the authors fail to offer an adequate physicalist account of what they call the hue-magnitudes. Third, their answer to the problem of individual differences faces serious difficulties.

This book argues for the case that governments develop with inherent constraints. These constraints support the case for the normative political theoretical defense of moderate governing.

Where do we recruit novel and unconventional conceptual materials from when we speak, think and act metaphorically, and why? This question has been partially answered in the cognitive linguistic literature but, in my view, a crucial aspect of it has been left out of consideration or not dealt with in the depth it deserves: it is the effect of various kinds of context on metaphorical conceptualization. Of these, I examine the following: (1) the immediate physical setting, (2) what we know (...) about the major entities participating in the discourse, (3) the immediate cultural context, (4) the immediate social setting, and (5) the immediate linguistic context itself. I suggest that we recruit conceptual materials for metaphorical purposes not only from bodily experience but also from all of these various contexts. Since the contexts can be highly variable, the metaphors used will often be variable, novel, and unconventional. The phenomenon can be observed in both everyday forms of language and literary texts. (shrink)

Aesthetic attraction and artful execution of the object, careful design and seemingly blatant falsification by the creator, voluntarily accepted counterfeit imitation and celebration of a melancholy-filled illusion – these, and many other, often contradictory, particularities can describe one of the most complex aesthetic phenomena, that of fake ruins. Questions of perfection and mistake, accurate planning and permissive randomness, genuineness and authenticity – or the convincing justification of aesthetic experience despite the complete lack of them – profound references to the nature (...) of decay, the transience of all human creation and nostalgia can all be found around this object of art. In this article I analyse the fakeness of fake ruins with regard to the multiple consequences that this type of fake can contribute to the better understanding of both their aesthetics and the concept of mistake. (shrink)

Felicitous underspecification—apparently flawless use of context-sensitive words in contexts where they cannot be assigned unique semantic values—is rather common in ordinary speech. King presents a hypothesis about the mechanism conversational participants employ handling felicitous underspecification, one that fits the rich data he surveys well. I will begin by illustrating how King’s account could be put to use in making sense of what happens in a real life conversation. Then I will point out certain shortcomings of the explanation and offer suggestions (...) about how they might be overcome. (shrink)

Dickie (2020) presents an argument against the traditional, broadly Gricean view of conversation. She argues that speakers must sometimes be more specific than required for sharing knowledge on a topic of common concern. Her proposed solution is to claim that the goal of conversation is not just sharing knowledge but also sharing cognitive focus. In response, I argue that her proposal faces both conceptual and empirical difficulties, and that the traditional view can handle the problem of non-specificity by acknowledging that (...) in order to sustain mutual trust, conversational participants should be less than optimally efficient. (shrink)

No scientific conclusion follows automatically from a statistically non-significant result, yet people routinely use non-significant results to guide conclusions about the status of theories (or the effectiveness of practices). To know whether a non-significant result counts against a theory, or if it just indicates data insensitivity, researchers must use one of: power, intervals (such as confidence or credibility intervals), or else an indicator of the relative evidence for one theory over another, such as a Bayes factor. I argue Bayes factors (...) allow theory to be linked to data in a way that overcomes the weaknesses of the other approaches. Specifically, Bayes factors use the data themselves to determine their sensitivity in distinguishing theories (unlike power), and they make use of those aspects of a theory’s predictions that are often easiest to specify (unlike power and intervals, which require specifying the minimal interesting value in order to address theory). Bayes factors provide a coherent approach to determining whether non-significant results support a null hypothesis over a theory, or whether the data are just insensitive. They allow accepting and rejecting the null hypothesis to be put on an equal footing. Concrete examples are provided to indicate the range of application of a simple online Bayes calculator, which reveal both the strengths and weaknesses of Bayes factors. (shrink)

The implicit-explicit distinction is applied to knowledge representations. Knowledge is taken to be an attitude towards a proposition which is true. The proposition itself predicates a property to some entity. A number of ways in which knowledge can be implicit or explicit emerge. If a higher aspect is known explicitly then each lower one must also be known explicitly. This partial hierarchy reduces the number of ways in which knowledge can be explicit. In the most important type of implicit knowledge, (...) representations merely reflect the property of objects or events without predicating them of any particular entity The dearest cases of explicit knowledge of a fact are representations of one's own attitude of knowing that fact. These distinctions are discussed in their relationship to similar distinctions such as procedural-declarative, conscious unconscious, verbalizable-nonverbalizable, direct-indirect tests, and automatic voluntary control. This is followed by an outline of how these distinctions can be used to integrate and relate the often divergent uses of the implicit-explicit distinction in different research areas. We illustrate this for visual perception, memory, cognitive development, and artificial grammar learning. (shrink)

The spillovers in knowledge among largely college-educated workers were among the key reasons for the impressive degree of economic growth and spread of entrepreneurship in the United States during the 1990s. Prior 'industrial policies' in the 1970s and 1980s did not advance growth because these were based on outmoded large manufacturing models. Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates in regional economies during the 1990s period and beyond. The (...) fastest-growing regions are those that have the highest rates of new firm formation, and which are not dominated by large businesses. The authors of this text also find support for the thesis that knowledge spillovers move across industries and are not confined within a single industry. As a result, they suggest, regional policies to encourage and sustain growth should focus on entrepreneurship among other factors. (shrink)

…entities? 2. How to be a nominalist 2.1. “Speak with the vulgar …” 2.2. “…think with the learned” 3. Arguments for nominalism 3.1. Intelligibility, physicalism, and economy 3.2. Causal..

Today’s technological-scientific prospect of posthumanity simultaneously evokes and defies historical understanding. On the one hand, it implies a historical claim of an epochal transformation concerning posthumanity as a new era. On the other, by postulating the birth of a novel, better-than-human subject for this new era, it eliminates the human subject of modern Western historical understanding. In this article, I attempt to understand posthumanity as measured against the story of humanity as the story of history itself. I examine the fate (...) of humanity as the central subject of history in three consecutive steps: first, by exploring how classical philosophies of history achieved the integrity of the greatest historical narrative of history itself through the very invention of humanity as its subject; second, by recounting how this central subject came under heavy criticism by postcolonial and gender studies in the last half-century, targeting the universalism of the story of humanity as the greatest historical narrative of history; and third, by conceptualizing the challenge of posthumanity against both the story of humanity and its criticism. Whereas criticism fragmented history but retained the possibility of smaller-scale narratives, posthumanity does not doubt the feasibility of the story of humanity. Instead, it necessarily invokes humanity, if only in order to be able to claim its supersession by a better-than-human subject. In that, it represents a fundamental challenge to the modern Western historical condition and the very possibility of historical narratives – small-scale or large-scale, fragmented or universal. (shrink)

I identify a notion of compositionality at the intersection of the different notions philosophers, linguists, and psychologists are concerned with. The notion is compositionality of expression content: the idea that the content of a complex expression in a context of its utterance is determined by its syntactic structure and the contents of its constituents in the contexts of their respective utterances. Traditional arguments from productivity and systematicity cannot establish that the contents of linguistic expressions are compositionally determined in this sense. (...) I present a novel argument for this thesis. (shrink)

Knowledge ascriptions seem context sensitive. Yet it is widely thought that epistemic contextualism does not have a plausible semantic implementation. We aim to overcome this concern by articulating and defending an explicit contextualist semantics for ‘know,’ which integrates a fairly orthodox contextualist conception of knowledge as the elimination of the relevant alternatives, with a fairly orthodox “Amherst” semantics for A-quantification over a contextually variable domain of situations. Whatever problems epistemic contextualism might face, lack of an orthodox semantic implementation is not (...) among them. (shrink)

The rapidly growing transdisciplinary enthusiasm about developing new kinds of Anthropocene stories is based on the shared assumption that the Anthropocene predicament is best made sense of by narrative means. Against this assumption, this article argues that the challenge we are facing today does not merely lie in telling either scientific, socio-political, or entangled Anthropocene narratives to come to terms with our current condition. Instead, the challenge lies in coming to grips with how the stories we can tell in the (...) Anthropocene relate to the radical novelty of the Anthropocene condition about which no stories can be told. What we need to find are meaningful ways to reconcile an inherited commitment to narrativization and the collapse of storytelling as a vehicle of understanding the Anthropocene as our current predicament. (shrink)