Online research in philosophy

Philosophy of physics is a small but thriving research field situated at the intersection between the natural sciences and the humanities. However, what exactly distinguishes philosophy of physics from physics is rarely made explicit in much depth. We provide a detailed analysis in the form of eleven theses, delineating both the nature of the questions asked in philosophy of physics and the methodology with which they are addressed.

In recent debates mechanisms are often discussed in the context of ‘complex systems’ which are understood as having a complicated compositional structure. I want to draw the attention to another, radically different kind of complex system, in fact one that many scientists regard as the only genuine kind of complex system. Instead of being compositionally complex these systems rather exhibit highly non-trivial dynamical patterns on the basis of structurally simple arrangements of large numbers of non-linearly interacting constituents. The characteristic dynamical (...) patterns in what I call “dynamically complex systems” arise from the interaction of the system’s parts largely irrespective of many properties of these parts. Dynamically complex systems can exhibit surprising statistical characteristics, the robustness of which calls for an explanation in terms of underlying generating mechanisms. However, I want to argue, dynamically complex systems are not sufficiently covered by the available conceptions of mechanisms. I will explore how the notion of a mechanism has to be modified to accommodate this case. Moreover, I will show under which conditions the widespread, if not inflationary talk about mechanisms in (dynamically) complex systems stretches the notion of mechanisms beyond its reasonable limits and is no longer legitimate. (shrink)

Eventually, Kuhlmann proposes a dispositional trope ontology, according to which particularized properties and not things are the most basic entities.

I argue that algebraic quantum field theory (AQFT) permits an undisturbed view of the right ontology for fundamental physics, whereas standard (or Lagrangian) QFT offers different mutually incompatible ontologies.My claim does not depend on the mathematical inconsistency of standard QFT but on the fact that AQFT has the same concerns as ontology, namely categorical parsimony and a clearly structured hierarchy of entities.

Financial theory is in trouble. Market crashes and high volatility are only too familiar to everyone, although the standard theories predict that they hardly ever occur. According to the well-known and (partly due to its simplicity) still widely used random-walk model, the probabilities for price changes of, say, stocks should result in a Gaussian distribution. However, experience tells us that large changes occur far more often than ‘allowed’ by a Gaussian distribution. New models are needed which lead to realistic probability (...) distributions. ‘Econophysicists’ are particularly active in this field by constructing microscopic models of financial markets on the basis of various ideas and tools from physics. But in which sense do these models contribute scientific explanations? In this paper I will investigate what and how one exemplary econophysics model explains. (shrink)