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)

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)

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.

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)

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.

Bayesian, Jeffrey and Field conditionals are compared and it is shown why the last two cannot be reduced to the first. Maximum relative entropy is used in two kinds of justification of the Field conditional and the dispensability of entropy principles in general is discussed.

We examined two potential correlates of hypnotic suggestibility: dissociation and cognitive inhibition. Dissociation is the foundation of two of the major theories of hypnosis and other theories commonly postulate that hypnotic responding is a result of attentional abilities . Participants were administered the Waterloo-Stanford Group Scale of Hypnotic Susceptibility, Form C. Under the guise of an unrelated study, 180 of these participants also completed: a version of the Dissociative Experiences Scale that is normally distributed in non-clinical populations; a latent inhibition (...) task, a spatial negative priming task, and a memory task designed to measure negative priming. The data ruled out even moderate correlations between hypnotic suggestibility and all the measures of dissociation and cognitive inhibition overall, though they also indicated gender differences. The results are a challenge for existing theories of hypnosis. (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)

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)

It is known that an epsilon-invariant sentence has a first-order reformulation, although it is not in an explicit form, since, the proof uses the non-constructive interpolation theorem. We make an attempt to describe the explicit meaning of sentences containing epsilon-terms, adopting the strong assumption of their first-order reformulability. We will prove that, if a monadic predicate is syntactically independent from an epsilon-term and if the sentence obtained by substituting the variable of the predicate with the epsilon-term is epsilon-invariant, then the (...) sentence has an explicit first-order reformulation. Finally, we point out that the formula gives a contextual-quantificational meaning for the indefinite descriptions, provided that one accepts Kneebone’s read of epsilon-terms. (shrink)

The practice of prenatal diagnosis has brought with it the utilization of pregnancy termination as a preventive approach. In this paper the genetic/teratologic, fetal and maternal indications for termination of pregnancy used in Hungary are described, as well as the legal requirements and the proposed mode of termination at the different stages of gestation. The author is the director of the largest prenatal genetic counseling service in Hungary. Keywords: elective abortion, medico-legal aspects, prenatal diagnosis, genetic disorders, Hungary, bioethics CiteULike Connotea (...) Del.icio.us What's this? (shrink)

Journal Name: Cognitive Linguistics Issue: Ahead of print.

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)

How do we make sense of our experience? In order to understand how we construct meaning, the varied and complex relationships among language, mind, and culture need to be understood. While cognitive linguists typically study the cognitive aspects of language, and linguistic anthropologists typically study language and culture, Language, Mind, and Culture is the first book to combine all three and provide an account of meaning-making in language and culture by examining the many cognitive operations in this process. In addition (...) to providing a comprehensive theory of how we can account for meaning making, Language, Mind, and Culture is a textbook for anyone interested in the fascinating issues surrounding the relationship between language, mind, and culture. Further, the book is also a "practical" introduction: most of the chapters include exercises that help the student understand the theoretical issues. No prior knowledge of linguistics is assumed, and the material is accessible and useful to students in a variety of other disciplines, such as anthropology, English, sociology, philosophy, psychology, communication, rhetoric, and others. Language, Mind, and Culture helps us make sense of not only linguistic meaning but also of some of the important personal and social issues we encounter in our lives as members of particular cultures and as human beings. (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.

Probability kinematics is studied in detail within the framework of elementary probability theory. The merits and demerits of Jeffrey's and Field's models are discussed. In particular, the principle of maximum relative entropy and other principles are used in an epistemic justification of generalized conditionals. A representation of conditionals in terms of Bayesian conditionals is worked out in the framework of external kinematics.

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)

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)

In this paper I offer an explanation of the ineffability (linguistic inexpressibility) of sensory experiences. My explanation is put in terms of computational functionalism and standard externalist theories of representational content. As I will argue, many or most sensory experiences are representational states without constituent structure. This property determines both the representational function these states can serve and the information that can be extracted from them when they are processed. Sensory experiences can indicate the presence of certain external states of (...) affairs but they cannot convey any more information about them than that. So, format- or code-conversion mechanisms that link different systems of representation (linguistic and perceptual) to each other will fail to extract any relevant information from sensory experiences that could be coded in language. They only way to establish specific roles for sensory experiences in communication and the organization of behavior is to attach to them, by associative links, words, or other behavioral responses. If a sensory experience has no linguistic label associated to it in a particular subject, then no linguistic description can token, or activate, that state in the subject. In other words, no linguistic description can cause a subject to undergo an unlabeled perceptual state. On the contrary, complex, or syntactically structured perceptual states can be built up, on the basis of descriptions, by mechanisms of constructive imagination (conceived here as one sort of format conversion). It is this difference between complex and unstructured representational states that gives us an understanding of the phenomenon we call the ineffability of qualia. (shrink)

Contrary to some well-known views in cognitive science and the philosophy of mind, in general it is not the case that the felt character of sensory experiences is determined by the information that these experiences pick up, or represent, about the world. In this dissertation I shall focus on a particular sensory modality, namely color vision, to support this thesis. ;Recently there has arisen a strong and popular view of phenomenal consciousness according to which the two fundamental problems about the (...) mind: intentionality and phenomenal experience, can be traced back to just one: intentionality. On this view, the phenomenal aspect of experience is a special case of intentionality, or our mental states' carrying information about the external world. For instance, when we see the colors of objects, we see, in a direct and transparent way, exactly those kinds of properties that the external objects have. Not only are the colors of objects causally responsible for our experiences as of color, object colors crucially determine what is called the phenomenal character of color experience. ;In this dissertation I shall argue that this view of color experience---the view called representational externalism---cannot be correct. I shall argue that from the empirical facts about object color and color vision we need not conclude that object colors do not exist, hence color vision is a grand illusion, however, we do have to conclude from these facts that though object colors are the causes of our color experience, what it is like to see the colors is not, in any theoretically interesting sense, determined by the colors themselves. To the contrary, what it is like to see the colors is crucially determined by how our color vision systems are constructed. In this dissertation I offer two independent arguments to support this claim. (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)

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)

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)

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)

We consider Perruchet & Vinter's (P&V's) central claim that all mental representations are conscious. P&V require some way of fixing their meaning of representation to avoid the claim becoming either obviously false or unfalsifiable. We use the framework of Dienes and Perner (1999) to provide a well-specified possible version of the claim, in which all representations of a minimal degree of explicitness are postulated to be conscious.

Journal Name: SATS Issue: Ahead of print.

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)

Avia Pasternak’s admirably clearly and tightly argued book defends four broad theses. First, it argues that contemporary states are appropriately regarded.

To the best of my knowledge, no one in recent decades has written a book of this magnitude about the semantics of natural language. Certainly, nothing available today matches this volume in depth, precision, and coherence. The authors present classical and recent results of linguistic semantics within the framework of interpretative T-theories and defend the philosophical foundations of their approach by showing how it fits into the larger enterprise of cognitive linguistics. The book also includes an array of excellent exercises (...) and a good list of references. (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)

One of the basic insights of the book is that there is a notion of non-relational linguistic representation which can fruitfully be employed in a systematic approach to literary fiction. This notion allows us to develop an improved understanding of the ontological nature of fictional entities. A related insight is that the customary distinction between extra-fictional and intra-fictional contexts has only a secondary theoretical importance. This distinction plays a central role in nearly all contemporary theories of literary fiction. There is (...) a tendency among researchers to take it as obvious that the contrast between these two types of contexts is crucial for understanding the boundary that divides fiction from non-fiction. Seen from the perspective of non-relational representation, the key question is rather how representational networks come into being and how consumers of literary texts can, and do, engage with these networks. As a whole, the book provides, for the first time, a comprehensive artefactualist account of the nature of fictional entities. (shrink)

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)

An accessible and illuminating exploration of the conceptual basisof scientific and statistical inference and the practical impact this has on conducting psychological research. The book encourages a critical discussion of the different approaches and looks at some of the most important thinkers and their influence.