Online research in philosophy

This is a collection of the most important writings of Oxford philosopher H.H. Price on the topics of psychical research and survival of death, collected from a wide variety of sources unavailable to most interested readers. Included are discussions of telepathy, clairvoyance, telekinesis, precognition, hauntings and apparitions, the impact of psychical research on western philosophy and science, and what afterlife is probably like. Few twentieth century English-speaking philosophers have written much on these topics. Of those who did so and (...) whose writings have not been collected and published in a single source, H.H. Price was the most important. (shrink)

This paper examines the challenges that climate change raises for animal agriculture and discusses the contributions that may come from a virtue ethics based approach. Two scenarios of the future role of animals in farming are set forth and discussed in terms of their ethical implications. The paper argues that when trying to tackle both climate and animal welfare issues in farming, proposals that call for a reorientation of our ethics and technology must first and foremost consider the values that (...) drive current livestock production. This paper sets forth and discusses the broader societal values implicit in livestock production. We suggest that a virtues approach would improve our thinking and practice regarding animal agriculture, facilitating a move from livestock production to animal husbandry. This change in animal agriculture in a time of climate change would stress virtues such as attentiveness, responsibility, competence, and responsiveness as central elements in any mitigation or adaptation program. (shrink)

v. 1. July 1748-March 1778 -- v. 2. March 1778-February 1786 -- v. 3. February 1786-February 1791.

Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral, and most states have laws rendering the practice a civil or criminal offense. The purpose of this paper is to explore some of the philosophic issues surrounding price gouging, and to argue that the common moral condemnation of it is largely mistaken. (...) I make this argument in three steps, by rebutting three widely held beliefs about the ethics of price gouging: 1) that laws prohibiting price gouging are morally justified, 2) that price gouging is morally impermissible behavior, even if it ought not be illegal, and 3) that price gouging reflects poorly on the moral character of those who engage in it, even if the act itself is not morally impermissible. (shrink)

Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral, and most states have laws rendering the practice a civil or criminal offense. But the alleged wrongness of price gouging has been seriously under-theorized. This paper examines the argument that price gouging is morally objectionable and/or the proper subject of legal (...) regulation because of the context of market failure in which it occurs. It argues that even if claims of market failure or true, they do not generate these normative conclusions. (shrink)

In this response, I reiterate my argument that price gouging undercuts the goal of equity in access to essential goods whereas Zwolinski emphasizes the importance of the efficient provision of essential goods above all other goals. I agree that the efficient provision of essential goods is important as I argue for the goal of equitable access to sufficient of the goods essential to living a minimally flourishing human life. However, efficiency is a means to this goal rather than the (...) end itself. Finally, I offer additional arguments against the non-worseness claim. (shrink)

A review of the life and work of the Australian philosopher Huw Price.

In this paper I apply an old problem of Quine's (the inscrutability of reference in translation) to a new style of theory about mental content (causal/nomological/informational accounts of meaning) and conclude that no "naturalization" of content of the sort currently popular can solve Quine's "gavagai" enigma. I show how failure to solve the problem leads to absurd conclusions not about one's own mental life, but about the non-mental world. I discuss various ways of attempting to remedy the accounts so as (...) to avoid the problem and explain why each attempt at solving the problem would take the information theorists further from their self-assigned task of "naturalizing" semantics. (shrink)

When prices for basic commodities increase following a disaster, these price increases are often condemned as ‘price gouging’. In this paper, I discuss what moral wrongs, if any, are most reasonably ascribed to accusations of price gouging. This discussion keeps in mind both practical and moral defenses of price increase following disasters. I first examine existing antigouging legislation for commonalities in their definitions of gouging and then present arguments in favor of the permissibility of gouging, focusing (...) on the economic benefits of price increases following disasters. I argue that gouging takes the form of a specific failure of respect for persons by undercutting equitable access to essential goods. While I discuss anti-gouging legislation throughout this paper, my aim is to give an account of the moral wrongs associated with gouging rather than guidance for developing morally defensible anti-gouging legislation. (shrink)

The idea that intuition plays a basic role in moral knowledge and moral philosophy probably began in the eighteenth century. British philosophers such as Anthony Shaftsbury, Francis Hutcheson, Thomas Reid, and later David Hume talk about a “moral sense” that they place in John Locke’s theory of knowledge in terms of Lockean reflexive perceptions, while Richard Price seeks a faculty by which we obtain our ideas of right and wrong. (...) class='Hi'> In the twentieth century intuitionism in moral philosophy was revived by the works of G. E. Moore, H. A. Prichard, and W. D. Ross. These philosophers reject Kantian deontological ethics and utilitarianism insisting that intuition is the only source of moral knowledge. Recently, there is a renewed interest in intuition by philosophers doing meta-philosophy by reflecting on what philosophers do, and why they disagree. In this essay we plan to take some of this recent literature on intuition and apply it to moral philosophy. We will proceed by (1) defining a conception of intuition, (2) answering some skeptical challenges, (3) delimiting its target, and (4) arguing that intuition is often a source of moral knowledge. (shrink)

This paper develops my position on the ethics of price gouging in response to Jeremy Snyder's article, "What's the Matter with Price Gouging." First, it explains how the "nonworseness claim" supports the moral permissibility of price gouging, even if it does not show that price gougers are morally virtuous agents. Second, it argues that questions about price gouging and distributive justice must be answered in light of the relevant possible institutional alternatives, and that Snyder's proposed (...) alternatives to price gouging fare worse on the dimension of justice than a system in which goods are allocated by a system of market prices. (shrink)

In this response, I reiterate my argument that price gouging undercuts the goal of equity in access to essential goods whereas Zwolinski emphasizes the importance of the efficient provision of essential goods above all other goals. I agree that the efficient provision of essential goods is important as I argue for the goal of equitable access to sufficient of the goods essential to living a minimally flourishing human life. However, efficiency is a means to this goal rather than the (...) end itself. Finally, I offer additional arguments against the non-worseness claim. (shrink)

Non-reductive moral realism is the view that there are moral properties which cannot be reduced to natural properties. If moral properties exist, it is plausible that they strongly supervene on non-moral properties- more specifically, on mental, social, and biological properties. There may also be good reasons for thinking that moral properties are irreducible. However, strong supervenience and irreducibility seem incompatible. Strong supervenience entails that there is an enormous number of modal truths (specifically, truths about exactly which non-moral properties necessitate which (...) moral properties); and all these modal truths must be explained. If these modal truths can all be explained, then it must be a fundamental truth about the essence of each moral property that the moral property is necessarily equivalent to some property that can be specified purely in mental, social and biological terms; and this fundamental truth appears to be a reduction of the moral property in question. The best way to resist this argument is by resorting to the claim that mental and social properties are not, strictly speaking, natural properties, but are instead properties that can only be analysed in partly normative terms. Acceptance of that claim is the price of non-reductive moral realism. (shrink)

Like William James before him, Huw Price has influentially argued that truth has a normative role to play in our thought and talk. I agree. But Price also thinks that we should regard truth-conceived of as property of our beliefs-as something like a metaphysical myth. Here I disagree. In this paper, I argue that reflection on truth's values pushes us in a slightly different direction, one that opens the door to certain metaphysical possibilities that even a Pricean pragmatist (...) can love. (shrink)

In his Philosophical Inquiry concerning Human Liberty (1717), the English deist Anthony Collins proposed a complete determinist account of the human mind and action, partly inspired by his mentor Locke, but also by elements from Bayle, Leibniz and other Continental sources. It is a determinism which does not neglect the question of the specific status of the mind but rather seeks to provide a causal account of mental activity and volition in particular; it is a ‘volitional determinism’. Some decades (...) later, Diderot articulates a very similar determinism, which seeks to recognize the existence of “causes proper to man” (as he says in the Réfutation d’Helvétius). The difference with Collins is that now biological factors are being taken into account. Obviously both the ‘volitional’ and the ‘biological’ forms of determinism are noteworthy inasmuch as they change our picture of the nature of determinism itself, but my interest here is to compare these two determinist arguments, both of which are broadly Spinozist in nature – and as such belong to what Jonathan Israel called in his recent book “the radical Enlightenment,” i.e. a kind of underground Enlightenment constituted by Spinozism – and to see how Collins’ specifically psychological vision and Diderot’s specifically biological vision correspond to their two separate national contexts: determinism in France in the mid-1750s was a much more medico-biological affair than English determinism, which appears to be on a ‘path’ leading to Mill and associationist psychology. (shrink)

Huw Price argues that there are two conceptions of the puzzle of the time-asymmetry of thermodynamics. He thinks this puzzle has remained unsolved for so long partly due to a misunderstanding about which of these conceptions is the right one and what form a solution ought to take. I argue that it is Price's understanding of the problem which is mistaken. Further, it is on the basis of this and other misunderstandings that he disparages a type of account (...) which does, in fact, hold promise of a solution. (shrink)

The precautionary principle (PP) has been criticised for almost every intellectual sin one may imagine: unclarity, impracticability, rigidity, implausibility etc. Recognising the rather obvious fact that there is no such thing as one PP, this paper attempts to address this criticism on a more constructive note than merely view it as forcing us to be "for or against" precaution. This is done by connecting an underlying ethical ideal regarding the imposition of risks present in most formulations of PP to the (...) criticism and use the latter for discussing how such an idea may be plausibly designed and used for underpinning policies that may plausibly be said to express the spirit of PP. It is argued that the most important issue regarding this is to recognise that there is something to the idea that imposing risks on people has a morally significant price, but that we must also acknowledge that taking precautionary measures to avoid or decrease such risks has such a price. The critical issue in the ethics of risk of relevance for PP thus becomes what constitutes a proper price of precaution. It is demonstrated how two simple constraints on this amkes it easy to meet many typical arguments against PP, but also how this issue must be further attacked by means transcending the traditional tools of normative ethics and decision theory, as well as how further reflection along such lines connects PP to issues of international.. (shrink)

This paper researches perceptions of the concept of price fairness in the Dutch coffee market. We distinguish four alternative standards of fair prices based on egalitarian, basic rights, capitalistic and libertarian approaches. We investigate which standards are guiding the perceptions of price fairness of citizens and coffee trade organizations. We find that there is a divergence in views between citizens and key players in the coffee market. Whereas citizens support the concept of fairness derived from the basic rights (...) approach, holding that the price should provide coffee farmers with a minimum level of subsistence, representatives of Dutch coffee traders hold the capitalistic view that the free world market price is fair. (shrink)

What is the impact of science on philosophy? In “Experiments in Ethics”, Kwame Anthony Appiah addresses this question for morality and ethics. Appiah suggests that scientific results may undermine moral intuitions by undermining our confidence in the actual sources of our intuitions, or by invalidating our factual assumptions about the causes of human behavior. Appiah worries that scientific results showing situational causes on human behavior force us to abandon the intuition, formalized in virtue ethics, that what matters is “who (...) you are on the inside”. In this review, we agree with Appiah that scientific results at once force and do not force us to abandon this intuition. We also propose that Appiah’s worry is due in part to an over-simplified conception of “internal causes”, shared widely among scientists and philosophers. By re-introducing the true richness of internal causes invoked in moral judgments, we hope to relax the tension between scientific results and moral intuitions. Ultimately, we propose that science can undermine and constrain but cannot affirm our commitment to specific moral intuitions. (shrink)

Hume’s celebrated argument concerning miracles, and an 18th century criticism of it put forward by Richard Price, is here interpreted in terms of the modern controversy over the base-rate fallacy. When considering to what degree we should trust a witness, should we or should we not take into account the prior probability of the event reported? The reliability of the witness (’Pr’(says e/e)) is distinguished from the credibility of the testimony (’Pr’(e/says e)), and it is argued that Hume, as (...) a good proto-Bayesian, argued that the credibility of the testimony should be calculated in terms of both the reliability of the witness and the prior probability of the event reported. (shrink)

In their modern classic ``What Price Substantivalism? The Hole Story'' Earman and Norton argued that substantivalism about spacetime points implies that general relativity is indeterministic and, for that reason, must be rejected as a candidate ontology for the theory. More recently, Earman has cottoned on to a related argument (in fact, related to a \emph{response} to the hole argument) that arises in the context of canonical general relativity, according to which the enforcing of determinism along standard lines---using the machinery (...) of gauge theory---leads to a `frozen universe' picture (grounded in an absence of changes in values of general relativity's observables). \emph{Prima facie} this would seem to land the anti-substantivalist in waters at least as deep as those that Earman and Norton argued troubled substantivalism. In this paper I introduce the argument in what I think are clearer terms than Earman's, and assess his treatment of the problem. For the most part I agree with Earman about the nature of the problem, but I find aspects of his discussion wanting, especially as regards his proposed ontology. I argue that ontological sense can be made of the changelessness if a structuralist stance is adopted with respect to a natural class of observables. (shrink)

The correspondence between Samuel Clarke and Anthony Collins of 1706–8, while not well known, is a spectacularly good debate between a dualist and a materialist over the possibility of giving a materialist account of consciousness and personal identity. This article puts the Clarke Collins Correspondence in a broader context in which it can be better appreciated, noting that it is really a debate between John Locke and Anthony Collins on one hand, and Samuel Clarke and Joseph Butler on (...) the other. Anthony Collins argues on behalf of John Locke's claim that it would be as easy for God to superadd the power of thinking to matter as for him to connect a soul to a body. Locke did not believe that matter could naturally produce thought or consciousness, but it was in God's power to make matter think. To defend Locke's claim Collins must defend the claim that there are emergent properties in the world – properties of a whole that are not possessed by the parts. Collins also defends a materialist version of Locke's account of personal identity against a variety of charges. Because the topics of debate in the correspondence are of such great interest to us, it deserves to be rescued from the neglect into which it fell and from which intellectual historians and philosophers have only recently and partially removed it. (shrink)

Estimating the financial value of pain informs issues as diverse as the market price of analgesics, the cost-effectiveness of clinical treatments, compensation for injury, and the response to public hazards. Such costs are assumed to reflect a stable trade-off between relief of discomfort and money. Here, using an auction-based health market experiment, we show the price people pay for relief of pain is strongly determined by the local context of the market, determined either by recent intensities (...) of pain, or their immediately disposable income, but not overall wealth. The absence of a stable valuation metric suggests that the dynamic behaviour of health markets is not predictable from the static behaviour of individuals. We conclude that the results follow the dynamics of habit formation models of economic theory, and as such, the study provides the first scientific basis for this type of preference modelling. (shrink)

A number of recent discussions have argued that George Price's equationfor representing evolutionary change is a powerful and illuminatingtool, especially in the context of debates about multiple levels ofselection. Our paper dissects Price's equation in detail, and comparesit to another statistical tool: the calculation and comparison ofaverage fitnesses. The relations between Price's equation and equationsfor evolutionary change using average fitness are closer than issometimes supposed. The two approaches achieve a similar kind ofstatistical summary of one generation of (...) change, and they achieve thisvia a similar loss of information about the underlying fitnessstructure. (shrink)

In the age of ubiquitous technology, humans are reshaped through each transaction they are involved in. AI-driven networks, online games, and multisensory interactive environments make up alternate realities. Within such alternate worlds, users are reshaped as deterministic agents. Technology’s focus on reducing complexity leads to a human being dependent on prediction-driven machines and behaving like them. Meaning and information are disconnected. Existence is reduced to energy processes. The immense gain in efficiency translates as prosperity. Citizens of advanced economies, hurrying in (...) the rhythm of machine-driven interactions, feel entitled to it. Successful at the price of self-awareness, they no longer know what this means. Happiness and prosperity are not consubstantial. Lack of happiness leads to aggression. This is the image of the world as we see it, no longer looking at each other, eye to eye, but screen to screen. The questions eliminated in the process of transferring responsibility from the individual to machines will inevitably become society’s new focus. When the goal is to get everyone to behave like a machine, the Singularity hypothesis becomes self-fulfilling prophecy. If, in addition to having exhausted natural resources, society does not want to end up making the human mind superfluous, it has to seek a better understanding of what makes anticipation possible. As a definitory characteristic of the living, corresponding to its complexity, anticipation can no longer be taken for granted, while every effort is made to reduce complexity for efficiency’s sake. Awareness of the processes conducive to its expression in successful human action will position human beings as masters of their destiny, not slaves of their own making. Antecapere ergo sum might be the counterclaim to Descartes’ Dubito ergo sum . To resist being perfected into oblivion, that is, unsustainable prosperity, means to reclaim the knowledge corresponding to higher levels of complexity. (shrink)

Price discrimination is the practice of charging different customers different prices for the same product. Many people consider price discrimination unfair, but economists argue that in many cases price discrimination is more likely to lead to greater welfare than is the uniform pricing alternative—sometimes for every party in the transaction. This article shows i) that there are many situations in which it is necessary to engage in differential pricing in order to make the provision of a product (...) possible; and ii) that in many such situations, the seller does not obtain an above-average rate of return. It concludes that price discrimination is not inherently unfair. The article also contends that even when conditions i) and/or ii) do not obtain, price discrimination is not necessarily unethical. In itself, the fact that some people get an even better deal than do others does not entail that the latter are wronged. (shrink)

In the sixteenth and seventeenth centuries, members of the Salamanca School engaged in a sustained and sophisticated discussion of the issue of just prices. This article uses their contribution as a point of departure for a consideration of justice in pricing which will be relevant to current-day circumstances. The key theses of members of this school were that fairness of exchanges should be assessed objectively, that the fair price of an article is one equal to its ‘value’, and that (...) the best indicator of that value is the price that article commonly fetches in an open market. This article tries to bring to light the attractiveness of those views in order to guide current practice by contrasting them with alternative views, showing their connection with intuitively attractive basic standards, and linking them to commonly shared intuitions. (shrink)

Since a couple of decades, the notion of a precautionary principle plays a central and increasingly influential role in international as well as national policy and regulation regarding the environment and the use of technology. Urging society to take action in the face of potential risks of human activities in these areas, the recent focus on climate change has further sharpened the importance of this idea. However, the idea of a precautionary principle has also been problematised and criticised by scientists, (...) scholars and policy activists, and been accused of almost every intellectual sin imaginable: unclarity, impracticality, arbitrariness and moral as well as political unsoundness. In that light, the very idea of precaution as an ideal for policy making rather comes out as a dead end. On the basis of these contrasting starting points, Christian Munthe undertakes an innovative, in-depth philosophical analysis of what the idea of a precautionary principle is and should be about. A novel theory of the ethics of imposing risks is developed and used as a foundation for defending the idea of precaution in environmental and technological policy making against its critics, while at the same time avoiding a number of identified flaws. The theory is shown to have far-reaching consequences for areas such as bio-, information- and nuclear technology, and global environmental policy in areas such as climate change. The author argues that, while the price we pay for precaution must not be too high, we have to be prepared to pay it in order to act ethically defensible. A number of practical suggestions for precautionary regulation and policy making are made on the basis of this, and some challenges to basic ethical theory as well as consumerist societies, the global political order and liberal democracy are identified. (shrink)

In this article, ambiguity attitude is measured through the maximum price a decision maker is willing to pay to know the probability of an event. Two problems are examined in which the decision maker faces an act: in one case, buying information implies playing a lottery, while, in the other case, buying information gives also the option to avoid playing the lottery. In both decision settings, relying on the Choquet expected utility model, we study how the decision maker’s risk (...) and ambiguity attitudes affect the reservation price for ambiguity resolution. These effects are analyzed for different levels of ambiguity of the act. Operating instructions for the elicitation of the reservation price for ambiguity resolution in an experimental setting are provided at the end of the article. (shrink)

There is ample documentary material supporting the belief that states are moral agents, in fact uniformly so. Without having read the texts, I presume that when the invasion of Afghanistan began to go sour, pre- Gorbachev Pravda portrayed it as having begun with "blundering efforts to do good" though most people now recognize it to have been a "disastrous mistake" because Russia "could not impose a solution except at a price too costly to itself;" it was an "error" based (...) on misunderstanding and naiveté, yet another example of "our excess of righteousness and disinterested benevolence." The quoted phrases are those used to describe Kennedy's invasion of South Vietnam, later expanded to all of Indochina, at the dissident extreme, well after the Tet offensive convinced US business leaders that the enterprise should be liquidated (Anthony Lewis, John King Fairbank). There is no need to sample the harsher parts of the spectrum. (shrink)

Abstract Kwame Anthony Appiah has devoted much scholarly work to exploring the problems surrounding racial and cultural identities in the USA. He defends the position that such identities need not be centrally significant in the psyche of the subject, and that black demands for blacks to be recognised having a black (race) identity, is symptomatic of black racism. Like other racisms, black racism has a tendency to ?go imperial?, affecting the autonomy of the individual to decide which identity constructs (...) she is willing to endorse as her own. Appiah believes that free association, as the locus of social solidarities and the formation of individual and social identities, should be upheld as a counterweight to the imperialism of racisms in the USA. He believes, furthermore, that the cosmopolitan state best caters for free associations of this kind. In this article I offer a comprehensive view of Appiah's support for cosmopolitanism as the best answer to the problems of identity which race and culture generate in multicultural USA. (shrink)

Book Information Functions in Mind: A Theory of Intentional Content. Functions in Mind: A Theory of Intentional Content Carolyn Price Oxford Clarendon Press 2001 vi + 263 Hardback £35 By Carolyn Price. Clarendon Press. Oxford. Pp. vi + 263. Hardback:£35.

In “Naturalism without Representationalism” Huw Price contests a particular way of understanding how philosophy can be sensitive to the claims of science, and does this by sketching an alternate way in which such “science-sensitivity” might be conceived.1 Most naturalistic conceptions of philosophy, he claims, regard philosophy as taking as its object the world as science describes it. Such approaches then see their own task as one of finding a place for certain objects in this scientifically described world—objects that are (...) not easily so located, such as those having to do with morality, meaning, or mathematics. Conceived in this way, philosophy typically addresses what he calls “placement problems”. “[A] typical placement problem” he notes, “seeks to understand how some object, property, or fact can be a natural object, property, or fact”. But there may be hidden assumptions implicit in this approach that are actually incompatible with a genuinely naturalistic view of ourselves as the subjects capable of such knowledge. Hence he contrasts the “object naturalism” of such traditional orientations with his own “subject naturalist” approach which attempts to make explicit and hold on to a naturalistic approach to the knowing subject prior to the cutting in of the problematic hidden assumptions of object naturalism. (shrink)

Situating the subject -- Hermeneutics and spech-act theory -- Hermeneutics, semantics, and conceptual grammar -- Lexicography, exegesis, and reception history -- Parables, narrative-worlds, and reader-response theories -- Philosophy, language, theology, and postermodernity -- Hermeneutics, history, and theology.

Two recent papers by Michael Burke bearing upon the persistence of people and commonplace things illustrate the fact that the quest for synchronic ontological economy is likely to encourage a disturbing diachronic proliferation of entities. This discussion argues that Burke's promise of ontological economy is seriously compromised by the fact that his proposed metaphysic does violence to standard intuitions concerning the persistence of people and commonplace things. In effect, Burke would have us achieve synchronic economy (rejection of coincident entities) by (...) postulating strongly counterintuitive transtemporal claims of numerical diversity. The argument is made that the price of Burkean economy is too high. (shrink)

Anthony Kenny's book is one of the best of its genre, exemplifying the kind of introduction into (some field of) Aquinas's thought that endeavors to make his ideas accessible to the philosophically interested contemporary reader in terms of such philosophical, scientific and everyday concepts with which the reader can safely be assumed to be familiar. Indeed, Kenny's book provides us with such a good example of this genre that it brings into sharp focus the problems of the genre itself. (...) Therefore, while duly acknowledging the book's virtues of clarity of presentation, and its highly readable, almost conversational style, let me concentrate in this brief review on this problematic aspect of Kenny's book, as someone who is just as much concerned with making Aquinas accessible to a contemporary audience as the author is. (shrink)

The lack of attention to sustainability, as a concept with multiple dimensions, has presented a developmental gap in green marketing literature, sustainability, and marketing literature for decades. Based on the established premise of customer–corporate (C–C) identification, in which consumers respond favorably to companies with corporate social responsibility initiatives that they identify with, we propose that consumers would respond similarly to companies with sustainability initiatives. We postulate that consumers care about protecting and preserving favorable economic environments (an economic dimension of sustainability) (...) as much as they care about natural environments. Thus, we investigate how two sustainability dimensions (i.e., environmental and economic) and price can influence consumer responses. Using an experimental method, we demonstrate that consumers favor sustainability in both dimensions by giving positive evaluations of the company and purchase intent. In addition, consumers respond more negatively to poor company sustainability than to high company sustainability. In comparison, consumers respond more negatively to the company’s poor commitment to caring for the environment than to the company’s poor commitment to economic sustainability. We also find that consumers do not respond favorably to low prices when they have information about the firm’s poor environmental sustainability. Finally, we find support for an interaction effect between consumer support for sustainability and corporate sustainability; that is, consumers evaluate a company more favorably if the company shares the consumers’ social causes. Overall, we conclude, from our empirical study, support for the idea that consumers do respond to multiple dimensions of sustainability. (shrink)

Judeo-Christian and Anglo-Saxon forms of marriage have injected patrilineal values and companionate expectations into the Akan matrilineal family structure. As Anthony Appiah demonstrates, these infusions have generated severe strains in the matrikin social structures and, in extreme cases, resulted in the break up of families. In this essay, I investigate the ideological politics at play in this patrilinealization of Asante society.

In many cases, claims that a transaction is exploitative will focus on the details of the transaction, such as the price paid or conditions. For example, in a claim that a worker is exploited, the grounds for the claim are usually that the pay is not sufficient or the working conditions too dangerous. In some cases, however, the claim that a transaction is exploitative is not seen to rely on these finer details. Many, for example, claim that organ sales (...) would be exploitative, in a way that doesn't seem to depend on the details. This article considers, but ultimately rejects, a number of arguments which could be used to defend this sort of claim. (shrink)

The root of any system of economic theory is the theory of price. But while modern Austrian economists have put a great deal of effort and ingenuity into building up the superstructure of their discipline since the mid-1970s, they have paid scant attention to ensuring that the price theory supporting [...].

In some places consumption of alcohol raises serious public health issues. One recent proposal for addressing these issues has been to set a minimum price at which a unit of alcohol can be sold. In this paper I argue that such a policy, while it may have substantial health benefits, is ethically problematic. This is primarily because it unfairly places considerable burdens on those already most disadvantaged in society. In addition, such policies are poorly targeted if our concern is (...) with preventing the harms drinkers pose to other people. (shrink)

Bornstein, David. The Price of a Dream: The Idea of the Grameen Bank and the Idea That Is Helping the Poor to Change Their Lives. New York: Simon & Schuster, 1996. 370 pp. $25.00 (cloth).

Despite the statement by Jablonka and Lamb quoted above, evolutionary theorists tend to agree with Frank that there is a unifying mathematical formulation of evolutionary change, known as the Price Equation or Price Theorem (Frank 1995, 1997; Price 1970, 1972; Rice 2004). This equation has been instrumental for the development of evolutionary theory, in particular with respect to kin and multi-level selection (Frank 1998; Gardner 2008; Okasha 2006). The power of the Price Equation is that it (...) does not make any assumptions regarding the kind of entities that evolve or the mechanisms of inheritance. Consequently, the Price Equation could provide a framework for comparing evolution under different types of inheritance mechanisms, and thereby quantify the implications of non-genetic inheritance for evolutionary theory. In this paper, we explore to what extent the Price Equation can help us conceptualize differences between inheritance systems and illustrate their effects on the rate and direction of phenotypic change. (shrink)

The purpose of this paper is to investigate if just price could be given a precise and relevant definition. First, the historical background is sketched. Then a definition is formulated which is based on a gradual interpretation of possibility. The meaning of the definition is, that the buyer and the seller are given equal opportunity of reaching a justified standard of living.

Using panel data from three Canadian provinces, this article examines the relationship between the de-marketing of tobacco products through provincial-level price increases and consumers’ attempts to quit smoking as measured by the uptake of tobacco replacement therapies. We ground our hypotheses in the rational addiction model and the theory of planned behavior. Our analyses suggest a positive, one-month lagged effect of a price increase of tobacco products on the uptake of tobacco replacement therapies. This effect dissipates 3 months (...) later, suggesting that there is a critical period for aggressive de-marketing of tobacco products. We discuss the implications of these results for theory and future research into de-marketing harmful consumer products. (shrink)

The increasing debate on corporate ethics raises the question of whether consumers are willing to reward and punish corporate behaviour based on its ethicality. In this context, this article investigates the direct effect on consumers' willingness to pay. Price response to product-related ethical information is explored in an experiment dealing with social issues in sportswear and environmental issues in consumer electronics. It is shown that in both areas, consumers demonstrate an increased willingness to pay for ethically produced goods. However, (...) the response is subject to a negativity bias. In contrast to prior research that used abstract stimulus measures, a ratio for quantifying this bias is suggested based on consumers' willingness to pay and their price expectations. This measure allows us to analyse a consumer's individual bias. (shrink)

Review of Carolyn Price: Functions in Mind. Oxford University Press, 2001.

A critical review of Fred Feldman's What is This Thing Called Happiness? which includes a partial defence of the life satisfaction theory of happiness.

Modern science is big business. Governments, universities, and corporations have invested billions of dollars in scientific and technological research in the hope of obtaining power and profit. For the most part, this investment has benefited science and society, leading to new discoveries, inventions, disciplines, specialties, jobs, and career opportunities. However, there is a dark side to the influx of money into science. Unbridled pursuit of financial gain in science can undermine scientific norms, such as objectivity, honesty, openness, respect for research (...) participants, and social responsibility. In The Price of Truth, David B. Resnik examines some of the important and difficult questions resulting from the financial and economic aspects of modern science. How does money affect scientific research? Have scientists become entrepreneurs bent on making money instead of investigators searching for the truth? How does the commercialization of research affect the public's perception of science? Can scientists prevent money from corrupting the research enterprise? What types of rules, polices, and guidelines should scientists adopt to prevent financial interests from adversely affecting research and the public's opinion of science? (shrink)

Ostensibly, the DRG prospective payment system represents a modern effort to legislate an enforceable system of just prices. As a practical matter, however, justice is conflated with mere familiarity, and the real goal of DRGs has always been cost containment. Abstract and concrete discussions of the computation of DRG payment schedules illustrate their actual operation. Keywords: DRG, cost containment, just price, Medicare CiteULike Connotea Del.icio.us What's this?

Lucas, Brian Review(s) of: The price of freedom: Edmund Rice educational leader, by Denis McLaughlin, East Kew: David Lovell Publishing, 2007, pp.397, $45.00.

Macromodels based on microfoundations represent the dominant approach in macroeconomics. These models appear to adopt a clear methodological approach, which promotes internal consistency above external consistency as a necessary condition of admissibility. This paper develops two arguments. The first is that internal consistency makes the development of microfounded macromodels dependent on the pace of theoretical innovation. This had led to an internal debate between ?pragmatists? who argue for limited departures from internal consistency, and ?purists? who claim that this would compromise (...) methodological integrity. The second argument is directly relevant to this debate. It is that the inclusion of price rigidity into these models via short-cuts like Calvo contracts has required a key modification of the microfoundations methodology, such that internal consistency can only be claimed indirectly by appeal to theory developed elsewhere. This modification has repercussions that imply that the microfoundations project is not as unblemished as the ?purists? imagine. (shrink)

This commentary develops my position on the ethics of price gouging in response to Jeremy Snyder’s article, “What’s the Matter with Price Gouging.” First, it explains how the “nonworseness claim” supports the moral permissibility of price gouging, even if it does not show that price gougers are morally virtuous agents. Second, it argues that questions about price gouging and distributive justice must be answered in light of the relevant possible institutional alternatives, and that Snyder’s proposed (...) alternatives to price gouging fare worse on the dimension of justice than a system in which goods are allocated by a system of market prices. (shrink)

On a general level, this paper proposes a critical analysis of one of the attempts to make bridges between economics and moral and political philosophy. A priori, we may expect that formal methods may lead to clearer and more rigorous arguments, and may facilitate practical applications. However, this paper illustrates how precision is bought at the price of becoming tautological. Therefore, the statement that "it is already widely recognized that formal methods derived from economics can contribute to ethics" (Broome (...) 1989: ix) seems hasty. The paper is organized as follows: Section 2 discusses some philosophical background assumptions which underlie a decision theoretic argument in favour of utilitarianism. Section 3 recalls briefly John Harsanyi's decision theoretic arguments in favour of utilitarianism. It then focuses on the crucial assumption of separability in order to show that separability can always be saved as an assumption if one applies the strategy of dispersion. Section 4, finally, shows how the theorem may indeed reconcile the concern for equality and utilitarianism, at the price of becoming futile. (shrink)

When a risk is exchanged, the exact value for the minimum price (positive or negative) that the purchaser (investor, or insurer) is willing to pay is given by the certainty equivalent wealth level, which in turn depends on his specific utility function. When this utility function is unknown, then only a sufficient condition on the price can ever be found. This paper provides methods for calculating such a sufficient condition, when only limited information on the utility function is (...) known. (shrink)

Genetic variability and diversity are the result of a mutation-selection balance that acts permanently within and between species. The presence of deleterious mutations is a necessary consequence of this process and thus “the price paid by a species for its capacity for further evolution” (Haldane 1937, Am Nat 71:337–349). Recent estimations of mutation rate in the human lineage has revived the debate as to whether the high number of deleterious mutations poses a severe problem for the future of mankind. (...) Theoretical considerations allow a scenario in which the survival of the human race is maintained by truncation selection of deleterious mutations that removes as many mutations as appear anew in every generation. In this case our genetic burden is carried by those individuals that suffer a genetic death resulting from random distribution of deleterious alleles. Nevertheless, one has to ask whether the mutation rate may set absolute limits on the complexity of a species. (shrink)

Genetic variability and diversity are the result of a mutation-selection balance that acts permanently within and between species. The presence of deleterious mutations is a necessary consequence of this process and thus the price paid by a species for its capacity for further evolution (Haldane 1937, Am Nat 71:337–349). Recent estimations of mutation rate in the human lineage has revived the debate as to whether the high number of deleterious mutations poses a severe problem for the future of mankind. (...) Theoretical considerations allow a scenario in which the survival of the human race is maintained by truncation selection of deleterious mutations that removes as many mutations as appear anew in every generation. In this case our genetic burden is carried by those individuals that suffer a genetic death resulting from random distribution of deleterious alleles. Nevertheless, one has to ask whether the mutation rate may set absolute limits on the complexity of a species. (shrink)

(2013). Beyond mechanical markets – asset price swings, risk and the role of the state. Journal of Economic Methodology: Vol. 20, Methodology, Systemic Risk, and the Economics Profession, pp. 69-75. doi: 10.1080/1350178X.2013.774856.

Aristotle -- Aquinas -- Descartes -- Wittgenstein.

Price discrimination is widespread in the American economy and sometimes can be defended as achieving socially preferable economic outcomes. However, the separation of markets required for price discrimination is often difficult to sustain. Sometimes those whom the seller wishes to charge higher prices are identified by imprecise markers. (Thus, as one example, airlines have traditionally attempted to identify business travelers willing to pay higher fares as those travelers unwilling to stay at their destination over a Saturday night.) Imprecise (...) targeting complicates efforts to prevent strategies of circumvention and sellers sometimes resort to claiming that buyers are morally bound to observe rules which sellers cannot otherwise enforce. This paper examines whether buyers can be morally bound by sellers to put themselves into discriminated-against classes.This paper takes the position that if, as often seems to be the case, there is a social consensus that consumers would not be morallyobliged to sort themselves into categories precisely designed to achieve the goals of price discrimination, then there is, a fortiori,a social consensus that consumers are not morally obliged to sort themselves into categories which are only crudely designed toachieve the goals of price discrimination, and which may in fact be counterproductive. (shrink)

The just price tradition has roots in Ancient philosophy but is most straightforwardly associated with a line of medieval philosophers and theologians, such as John Duns Scotus (see Duns Scotus), St. Thomas Aquinas (see Aquinas, Saint Thomas) and others. What generally characterizes the tradition is an interest in matters of ethics and justice concerning the pricing of goods and services on commercial markets. Medieval philosophers were often critical of commerce in general – and commerce with money in particular (see (...) Usury) – viewing it as an (at best) unfortunate practical necessity dominated by (at least strong tendencies towards) the sins of greed and deceit. The just price tradition can be seen as a part of this moral critique of commerce and profiteering in general (see Profit Motive). At the same time, however, perhaps it can also be seen as staking out a way for commercial agents to ethically redeem themselves. (shrink)

The aim of the present paper is to attack some of the conceptual problems that arise when the framework of mathematical learning theory is applied to the description of the behavior of the firm, in setting prices and production quotas, in a competitive market. The goal is to depict the process by which the firm fixes prices and production quotas as a stochastic learning process. A solution to such problems is proposed which is based on statistical-decision concepts. The conceptualization of (...) the behavior of the firm by means of concepts pertaining to mathematical learning theory gives rise to certain mathematical problems, which are formulated here in rather precise terms. (shrink)

The apparent conflict between some fundamental ideas of Confucianism and of rights seems to render Confucianism incompatible with rights. I will illustrate the general strategies, based upon an insight of the later Rawls, to solve the incompatibility problem. I will then show how these strategies can help us to develop a Confucian account of animal rights, which, by way of example, demonstrates how Confucianism can endorse and develop unique and constructive accounts of most rights that are commonly recognized today.

Non-presentist A-theories of time (such as the growing block theory and the moving spotlight theory) seem unacceptable because they invite skepticism about whether one exists in the present. To avoid this absurd implication, Peter Forrest appeals to the "Past is Dead hypothesis," according to which only beings in the objective present are conscious. We know we're present because we know we're conscious, and only present beings can be conscious. I argue that the dead past hypothesis undercuts the main reason for (...) preferring non-presentist A-theories to their presentist rivals, rivals which straightforwardly avoid skepticism about the present. (shrink)

Spacetime substantivalism leads to a radical form of indeterminism within a very broad class of spacetime theories which include our best spacetime theory, general relativity. Extending an argument from Einstein, we show that spacetime substantivalists are committed to very many more distinct physical states than these theories' equations can determine, even with the most extensive boundary conditions.