Thoughts on the Theory and Practice of Speculative Markets qua Event Predictors

Essays in Philosophy 6 (1):26 (2005)
Abstract
This paper analyzes the proposed use of combinatorial derivatives markets for event prediction, especially for catastrophic events such as terrorism, war, or political assasination. Following a presentation of the philosophical principles underlying these politico-economic tools, I examine case studies (U.S. DoD proposals) that evaluate their advantages and disadvantages in terms of both efficacy and moral considerations. I conclude that these markets are both fatally flawed due to internal conceptual contradictions and morally problematic.
Keywords philosophy of economics  derivatives  terrorism  Hegel  Bataille
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive Mason Richey, Thoughts on the Theory and Practice of Speculative Markets qua Event Predictors
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA

No references found.

Citations of this work BETA

No citations found.

Similar books and articles
Karl Reinhard Kolmsee (2000). Philosophy at the Core of Economic Markets. Philosophy in the Contemporary World 7 (4):75-78.
Seumas Miller (2004). Terrorism and Collective Responsibility. International Journal of Applied Philosophy 18 (2):263-281.
Analytics

Monthly downloads

Added to index

2010-09-03

Total downloads

110 ( #10,698 of 1,102,456 )

Recent downloads (6 months)

26 ( #7,462 of 1,102,456 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Start a new thread
Order:
There  are no threads in this forum
Nothing in this forum yet.