I think it is impossible to adhere to the plan of this book and to follow a chronological sequence.

This book is about Divine Humanity, man's creative collaboration with God in the world. Nikolai Berdyaev's reflections on Divine Humanity lead him to outline a dramatic philosophy of destiny, a philosophy of existence which unfolds in time and passes over into eternity, into a state which is not death but transfiguration. He describes his method as existentially anthropocentric and spiritually religious; the dialectic of this book is a dialectic not of logic but of life, a living existential dialectic. He (...) emphasizes that man must not only await a divine-human revelation, but work creatively to achieve one. (shrink)

Throughout his active philosophical life, Nikolai Berdiaev was preoccupied with the philosophical and sociological questions stemming from the impact of technology on the life of modern man. He gave to his thoughts a condensed expression in a longish essay in the journal Put' for 1933 with the title "Man and Machine" [Chelovek i mashina]. But he had touched on the subject penetratingly already in his early work The Meaning of History [Smysl istorii], which was first published in Russian (...) in 1923 and in English translation in 1936, and he devoted a chapter to it in his last major work, the posthumously published The Realm of Spirit and the Realm of Caesar [Tsarstvo dukha i tsarstvo Kesaria], which came out in Russian in 1949 and in English translation in 1952. In the last year of his life, Berdiaev read a paper titled "L'homme dans la civilization technique" at a conference in Neuchâtel. The Russian original of the paper apparently has not been published. (shrink)

The fact that the names of two philosophers who lived and worked in such different periods, under conditions of quite dissimilar cultures and civilizations, share the title of this article is in itself enough to require clarification. Nikolai Berdiaev, who belonged to a current of Russian philosophy that called itself mystical, hardly needs to be presented to the reader. Muhyiuddin ibn-'Arabi , the greatest mystic of the Arab Middle Ages, is known as the founder of a philosophical conception (...) that was later referred to as the "unity of being" and enjoyed broad popularity among Islamic thinkers, philosophers, and poets of the late Middle Ages. Moreover, motifs of this conception are not difficult to find in the works of contemporary literati enthralled by the ideas of Islamic mysticism, i.e., of Sufism. Hence these two outstanding figures can be compared on the common ground that they belonged to the current of philosophical thought of mankind that is called mysticism or mystical philosophy. Despite all the differences that doubtlessly exist among Russian, Arabic, and, let us say, European mysticism, there are also certain fundamental common features of this way of looking at the world that enable us to bring all these currents together under a single generic concept. (shrink)

I begin my eulogy to folly not in jest as did the illustrious Erasmus of Rotterdam in the old days, but in all sincerity and from all my heart. In this task Berdiaev's new book will be of great assistance to me. Had he wished to do so, he could have titled it, following his long-deceased colleague's example, In Praise of Folly, because its purpose is to challenge common sense. True, the book is a collection of articles written in (...) the last six years, hence, properly speaking, it does not and cannot serve some one purpose. Six years is a long time: not only a writer like Berdiaev, but any writer will change to some extent during so long a period. The book opens with an article written long ago, "The Struggle for Idealism" [Bor'ba za idealizm], in which the author still maintains a strictly Kantian viewpoint that admits, as we know, common sense and all its accompanying virtues. Then the author gradually evolves and, by the end of the book, he openly declares war on common sense, but what he opposes to common sense is not Folly, as is usually done, but Great Reason. Of course, one can express oneself in this way, calling Folly Great Reason, and, if you like, this has a deep meaning or, more precisely, a deep sting, for what can be more insulting and humiliating to common sense than to confer the honorific title of Great Reason on Folly? Until now common sense has been accepted as the father and closest friend of all minds, great and small. Now, Berdiaev, scorning genealogy and historically shaped heraldry, elevates "opposition to common sense," that is, Folly to the order of Great Reason. No doubt, this is very audacious, but Berdiaev is a writer who above all is daring and, in my opinion, this is his greatest strength. I would say that his gift, his philosophical and literary talent, lies in his audacity. As soon as it abandons him, the source of his inspiration evaporates, he has nothing to say, and he ceases to be himself. But I have run too far ahead. Let us return to his evolution or, rather, to the evolution of his idea. (shrink)

This essay is a translated excerpt from the first volume of Solzhenitsyn’s controversial history of Russian-Jewish relations, Dvesti let vmeste: 1795 – 1995, which was first published in Russian in 2001 and 2002. Solzhenitsyn writes from explicitly nationalist positions, ascribing defined identities and “fates” to disparate peoples, and seeks to offer a “two-sided and equitable” account of the “sins” and historical “guilt” of both Russians and Jews. He seeks to establish “mutually accessible and benevolent paths along which Russian-Jewish relations may (...) proceed” on the basis of an honest and full accounting of history. In this excerpt he treats the immediate prerevolutionary period of the early twentieth century, drawing on the writings of a number of prominent commentators of that period, both Jewish and Russian. He argues that a combination of, on the one hand, the investments of the progressive Russian intelligentsia in atonement for anti-Semitic policies and social violence, and, on the other, Jewish assimilation to Russian cultural life led to an identification of Jews with revolutionary and anti-tsarist culture. Among the figures treated here by Solzhenitsyn are Vladimir Jabotinsky, Lev Tolstoi, Nikolai Berdiaev, and Pyotr Struve. (shrink)

Machine generated contents note: List of contributors; Acknowledgments; Introduction: the humanist tradition in Russian philosophy G. M. Hamburg and Randall A. Poole; Part I. The Nineteenth Century: 1. Slavophiles, Westernizers, and the birth of Russian philosophical humanism Sergey Horujy; 2. Alexander Herzen Derek Offord; 3. Materialism and the radical intelligentsia: the 1860s Victoria S. Frede; 4. Russian ethical humanism: from populism to neo-idealism Thomas Nemeth; Part II. Russian Metaphysical Idealism in Defense of Human Dignity: 5. Boris Chicherin and human dignity (...) in history G. M. Hamburg; 6. Vladimir Solov'iev's philosophical anthropology: autonomy, dignity, perfectibility Randall A. Poole; 7. Russian panpsychism: Kozlov, Lopatin, Losskii James P. Scanlan; Part III. Humanity and Divinity in Russian Religious Philosophy after Solov'iev: 8. A Russian cosmodicy: Sergei Bulgakov's religious philosophy Paul Valliere; 9. Pavel Florenskii's trinitarian humanism Steven Cassedy; 10. Semën Frank's expressivist humanism Philip J. Swoboda; Part IV. Freedom and Human Perfectibility in the Silver Age: 11. Religious humanism in the Russian silver age Bernice Glatzer Rosenthal; 12. Russian liberalism and the philosophy of law Frances Nethercott; 13. Imagination and ideology in the new religious consciousness Robert Bird; 14. Eschatology and hope in silver age thought Judith Deutsch Kornblatt; Part V. Russian Philosophy in Revolution and Exile: 15. Russian Marxism Andrzej Walicki; 16. Adventures in dialectic and intuition: Shpet, Il'in, Losev Philip T. Grier; 17. Nikolai Berdiaev and the philosophical tasks of the emigration Stuart Finkel; 18. Eurasianism: affirming the person in an 'Era of Faith' Martin Beisswenger; Afterword: on persons as open-ended ends-in-themselves (the view from two novelists and two critics) Caryl Emerson; Bibliography. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:Journal of the History of Ideas 62.2 (2001) 335-358 [Access article in PDF] Between East and West: Hegel and the Origins of the Russian Dilemma Ana Siljak Nikolai Berdiaev, the eminent twentieth-century Russian philosopher, wrote that the "problem of East and West" was an "eternal" one for Russia. 1 Attempting to make sense of the violent upheavals that shook Russia in 1917, Berdiaev believed that the (...) source of Russian troubles lay in the "inconsistency of the Russian spirit" due to the "conflict of the Eastern and Western elements in her." 2 Russia, he argued, always contained within its wide territory an invisible and shifting border between two continents, and thus Russian society was forever torn between two cultures. Berdiaev insisted that Russia could not discover its true calling or its place in the world until it resolved its internal conflict between East and West. 3Berdiaev was contemplating the course of the nineteenth century, when Russia's geographical destiny had deeply troubled Russian intellectuals. In the late 1830s Russian thinkers began their minute analyses of cultural and historical sources, hoping to determine the essential character of their nation and believing that their research would enable them to predict Russia's future. Often, diverse questions of progress and stagnation, tradition and innovation, and the individual and society were all framed within this overarching problem of East versus West.It is tempting to see this Russian dilemma as longstanding and natural, given Russia's position between two continents. Indeed, many recent scholars have argued that Russian encounters with Asia, taking place within the framework of Russia's territorial expansion eastward, forced Russians to examine their relationships [End Page 335] with the Eastern, Asian world. 4 It is true that European geographers and historians have debated the location of the border between Asia and Europe since the Middle Ages. But before the nineteenth century this ambiguity hardly troubled Russian minds. The Muscovite state of the fifteenth and sixteenth centuries, for example, was well acquainted with cultures and lands to its East, engaging in trade and diplomatic relations with Muslim Tatars and others. Yet there is little evidence to suggest that Muscovy was concerned about its position between Eastern and Western countries. 5 Even Peter the Great, whom historians have credited for bringing European customs into Russia, was little concerned with the European/Asian divide in Russian culture. For him the most important geographical question was Russia's place among the northern states, and he was particularly obsessed with Sweden as Russia's primary military rival. 6After Peter's reign, educated Russians, as they became increasingly acquainted with Western European culture, experienced their first pangs of envy and self-doubt in the face of perceived European superiority. Nonetheless, throughout the eighteenth century few cultured Russians had trouble embracing a diverse historical legacy and national character--German, Slavic, Asian. After all, Europeans themselves were proud of their barbarian past. Peter the Great's chief historian, V. N. Tatishchev, wrote with full confidence and little concern that the Russian empire was located "in both Europe and Asia," noting that though more Russian people lived in Europe, Russia had more territory in Asia. In passing he mentioned that "where the border between these two large and most important cultures is located, no one has as yet determined for certain." 7 According to him, the Slavic people as a whole could be divided into Asian and European branches, thus both cultures were of importance in Russian history. 8The first of the great nineteenth-century Russian historians, Nikolai Karamzin, was proud of Russia's diverse heritage. Russia, he wrote, [End Page 336] raising its head between the Asiatic and European kingdoms, represented within its civic life the characteristics of these two parts of the world: a mixture of old Eastern customs, brought by the Slavs into Europe and renewed, so to speak, by our long connection with the Mongols; Byzantine customs borrowed by the Russians along with the Christian religion, and some German customs imparted by the Varangians.... 9This cultural "mixture... (shrink)

In this paper Russian Symbolist philosophy is represented primarily by Viacheslav Ivanov (1866--1949), but its conclusions are intended to be valid for other philosophers we classify as Symbolist, including Nikolai Berdiaev and S. L. Frank. It is posited that, by comparing Ivanov''s cosmology, aesthetics, and anthropology to those of Martin Heidegger, one can reconceive of Symbolist philosophy as an existential hermeneutic. This, it is claimed, can help to identify a common basis among the Symbolist philosophers, and also to (...) place Russian thought in the context of modern European philosophy and vice versa. (shrink)

Nikolai Aleksandrovich Berdiaev is the twentieth-century Russian philosopher best known in the West. Upon his expulsion from Russia in 1922, he lived briefly in Berlin and then in Clamart, at the outskirts of Paris. He was personally acquainted not only with the leading Russian thinkers of his generation such as Lev Shestov, Petr Stuve, and Sergei Bulgakov, but also some important German and French philosophers such as Max Scheler, Gabriel Marcel, and Jacques Maritain. The works he considered to (...) be his most important ones were written in France in the interwar period. He published forty-three books and about 380 articles. Thirty-five of his books were monographs of varying length, the rest were collections of his articles. Twenty-seven of his monographs have been translated into over twenty languages: twenty of them into English. In Russia his first book, a collection of articles, appeared in 1901. After his banishment his works were banned in Russia for almost seventy years. They began to appear only in 1989 and by now twenty of his major works are available to the Russian reader. (shrink)

Nikolai Zhinkin’s review of Ernst Cassirer is so far the earliest document of the discussion in Russia about Cassirer’s conception of myth and his theory of symbolic forms. The text is published from Zhinkin’s archive. Zhinkin here notes a reorientation of Neo-Kantianism that reveals its hidden relativism and stands as a symptom of its downfall.

The Nikolais/Louis Dance Technique provides the definite resource for understanding and practicing the influential dance technique developed by two pioneers of modern dance, Alwin Nikolais and Murray Louis. The Nikolais/Louis technique is presented in a week-to-week classroom manual, providing an indispensable tool for teachers and students of this widely studied movement practice. Theoretical background for further reading is set off from the manual for those interested in deeper study. Their philosophy and methodology span a broad readership and offer an important (...) addition to dance literature and American cultural history. (shrink)

Despite its short historical moment in the sun, behaviorism has become something akin to a theoria non grata, a position that dare not be explicitly endorsed. The reasons for this are complex, of course, and they include sociological factors which we cannot consider here, but to put it briefly: many have doubted the ambition to establish law-like relationships between mental states and behavior that dispense with any sort of mentalistic or intentional idiom, judging that explanations of intelligent behavior require reference (...) to qualia and/or mental events. Today, when behaviorism is discussed at all, it is usually in a negative manner, either as an attempt to discredit an opponent’s view via a reductio, or by enabling a position to distinguish its identity and positive claims by reference to what it is (allegedly) not. In this paper, however, we argue that the ghost of behaviorism is present in influential, contemporary work in the field of embodied and enactive cognition, and even in aspects of the phenomenological tradition that these theorists draw on. Rather than take this to be a problem for these views as some have, we argue that once the behaviorist dimensions are clarified and distinguished from the straw-man version of the view, it is in fact an asset, one which will help with task of setting forth a scientifically reputable version of enactivism and/or philosophical behaviorism that is nonetheless not brain-centric but behavior-centric. While this is a bit like “the enemy of my enemy is my friend” strategy, as Shaun Gallagher notes (2019), with the shared enemy of behaviorism and enactivism being classical Cartesian views and/or orthodox cognitivism in its various guises, the task of this paper is to render this alliance philosophically plausible. Doi: 10.1007/s11229-019-02432-1. (shrink)

This article is a study of the compatibility of the theory and practice of Marxism-Leninism and Orthodox Christianity. The great importance of this topic is due to its direct connection with the improvement of society and the ongoing controversy on this issue with attempts to integrate communism with Christianity. The work provides a historical and theological analysis based on a critical study of the works of the founders of Marxism-Leninism, their associates, historical and theological works, as well as historical documents (...) on this issue. The article examines the approaches of the teachings of Orthodox Christianity, as well as Marxism-Leninism to atheism, materialism, religion and the Church. For this purpose, the relevant texts of Holy Scripture, the opinions of the Church fathers and the views of the founders and followers of Marxism-Leninism are studied. The novelty of this study is that some documents are considered for the first time in the context of the problem under study. In addition, a more detailed and systematic historical and theological analysis of the comparison of the teachings of Marxism-Leninism and Orthodox Christianity on this topic is carried out in comparison with the available works. The purpose of the work is to study historical and theological works, as well as historical documents related to the problem under study. The article concludes that Marxism-Leninism in this matter is not compatible with Christianity and is directly opposed to it. Since the Second World War in the USSR, relations between the state and the Church have improved from time to time, but the official state course on Marxism-Leninism did not leave the possibility of their reconciliation. Currently, there are attempts to produce a symbiosis of these two teachings. Many Communists have a positive attitude towards the Church, so a dialogue between them is possible and necessary. But as long as the ideology of the Communists remains Marxism-Leninism, antagonistic to Christianity and any religion in general, in their ranks will always remain hostile to religion. Therefore, the synthesis of these teachings is impossible. (shrink)

The article investigates the peculiarities of Durer's aesthetic views in the context of Renaissance philosophy and the theory of cognition of Modern times. Its provisions are compared with fragments of texts by L.-B. Alberti, Leonardo da Vinci, Raphael. The semantic interrelationships of Durer's positions with mysticism, pantheism, natural philosophy and empiricism of Modern Times are emphasized. The interrelation of the problem of knowledge with the theme of freedom and beauty is considered in detail. The authors analyze various opinions and ways (...) of comprehending the beautiful, presented in the philosophical constructions of Durer, his concept of "rational knowledge", "scientific ignorance". Special attention is paid to the boundaries of freedom in Durer's representation. The novelty of the research lies in the fact that the presented concept of the evolution of A. Durer's aesthetic views helps to comprehend those contradictory trends that existed in the Renaissance itself. Thus, Durer believed that freedom conditioned by knowledge ends where attempts to transcend nature begin. A necessary condition for freedom is the understanding that the beautiful is relative. From the understanding of the relativity of the beautiful, from the concrete utopian program of its achievement, an imperative grows, meaning denial, the completion of the aesthetics of Rebirth. According to him, the artist should not limit himself to one type, but should be knowledgeable in various ways of depicting all kinds of types. In order to make such an image as is required of him. Thus, the professionalism of the artist, his experience, knowledge, recognition of the power of knowledge and, at the same time, understanding of its relativity – all this, as an achievement of the Renaissance theory of art, loses its meaning. All this is sacrificed to the tastes of employers. (shrink)

The subject of this study is the problem of the failure of attempts by the scientific community to come to a common understanding of what exactly information can be as something encoded into material structures and moved along with them. At the same time, the following aspects of this problem are considered in detail: what is the immediate cause of the information problem; what are the objective and subjective prerequisites for its appearance; why the unresolved nature of this problem does (...) not interfere with the creation and development of communication systems, control and other "smart" devices; is there any general guideline for finding solutions to such problems, and what is it; what role did the philosophy of information play in turning the problem of information from a private scientific problem into a problem of the ideological level. The main results of the conducted research are as follows: the immediate cause of the information problem has been identified and a comprehensively substantiated solution to this problem has been given; it has been revealed that the incompleteness of the materialistic theory of cognition has become a fertile ground for the appearance of this problem; the circumstances that prevented its completion have been identified; the natural mechanism of control and cognition has been revealed, as a result of which the materialistic theory of cognition has been further developed the source of the ideal in the material world is revealed; it is shown that the mechanistic idea of information coding made the concept of information incompatible with the presence of any objective content; it is revealed what is actually hidden behind the words about information coding and its measurement; the nature of signals and signs is revealed; a kind of bias of the philosophy of information and a general error is revealed all known concepts of information. (shrink)

In their update to Intentionality All-Stars, Hutto and Satne claim that there is currently no satisfactory account for a naturalised conception of content. From this the pair suggest that we need to consider whether content is present in all aspects of intelligence, that is, whether it is content all the way down. Yet if we do not have an acceptable theory of content such a question seems out of place. It seems more appropriate to question whether content itself is the (...) problematic assumption. This paper will explore this question, with the analysis hinging on whether those trying to naturalise content are facing a tough challenge as Haugeland has suggested, or whether it is a genuine dilemma as Hutto has suggested elsewhere. If those attempting to naturalise content are facing a genuine dilemma, a dilemma in which the non-existence of content is one of the horns, then it would seem that the issue is not at what stage you posit content, but whether you should posit content at all. This also has the added benefit of shifting the debate to a more global discussion, that is, the best way to explain intelligence, period. (shrink)

The Russian philosopher Nikolai Onufrievich Lossky considered himself a Leibnizian of sorts. He accepted parts of Leibniz’s doctrine of monads, although he preferred to call them ‘substantival agents’ and rejected the thesis that they have neither doors nor windows. In Lossky’s own doctrine, monads have existed since the beginning of time, they are immortal, and can evolve or devolve depending on the goodness or badness of their behavior. Such evolution requires the possibility for monads to reincarnate into the bodies (...) of creatures of a higher level on the scala perfectionis. According to this theory, a monad can evolve by being progressively reincarnated multiple times through a sort of process of metamorphosis from the level of the most elementary particles all the way up to the level of human beings or even higher. Lossky argues that the works of Leibniz contain scattered elements of such a systematic doctrine of reincarnation. He attempts to reconstitute this doctrine in an article that appeared both in Russian and German in 1931. The Russian version, ‘Ученiе Лейбница о перевоплощенiи какъ метаморфозѣ’, was published in the Сборникъ Русскаго института въ Прагѣ, vol. 2, 1931, pp. 77–88. The German version appeared under the title ‘Leibniz’ Lehre von der Reinkarnation als Metamorphose,’ in Archiv für Geschichte der Philosophie, vol. 40, n. 2, 1931, pp. 214–226. The content of the Russian and German versions is roughly the same, except for the omission, in the German version, of a mention of David Hume in the second sentence and of one paragraph and a half at the end of the article. The following is a translation of this article. I translated the text from the Russian version, which was in all appearances written first, but I also took the German version into account. The original pagination is added in angle brackets. Angle brackets are used wherever the additions are mine. — Frédéric Tremblay. (shrink)

Andrei Platonov is known mainly for his larger works, often perceived as a surrealistic critic of revolutionary utopia and the building of communism. This makes it all the more interesting to consi...

Thomas Mann’s famous novella “Death in Venice” is more than social critics or metaphor of artistic search for means. Its ambiguous poetry of forbidden longing offers a game we play ever since, a drama of strange, dreamlike romance unfolding itself in a highly troublesome atmosphere of ordinary life succumbing to the oncoming devastation and catastrophe of the outer world that inexplicably links with the wishes of a soul. This plot became a focus of ideas, a web of meanings covering more (...) and more areas of mentality and imagination while living on. One of the latter writers rarely compared to Mann, a popular American author Stephen King, master of macabre fantasy, suddenly shows some extraordinary level of coincidence of his works’ throughout motives/invariants with those of the European classic. The answers both of them are chasing after lie in the mysterious character of the Whole of the world denying any isolate and solid sense, medium lands of affection and connection, Gordian knots of disastrous dialectics interweaving will and passivity, creation and destruction. Why dark fantasy (that King embodies) constantly insists on destroying, erasing the entire world for the sake of some bittersweet heroic pathos upon its ruin, as before Mann unleashes the epidemics to his story’s bourgeois backgrounds to celebrate the phantom love of his characters? Why does Beauty transgress the borders of subjectivity very much like Death does the borders of physicality, and they both lead us to the same revelation of some great apophatic quasi-Platonian chora at the core of our being where everything is born and we are all one? (shrink)

The subject of this study is the special theory of relativity (SRT) by A. Einstein, the debate about which has been going on for more than a hundred years. The aim of the study is to evaluate SRT from the side of whether everything that is discussed in this theory and thus in the new, relativistic physics is possible in nature itself. At the same time, the author pays special attention to three issues: the principle of relativity, the necessary condition (...) for the objectivity of the content of scientific theories and the Einstein style of scientific thinking, which predetermined the ideological component of SRT and all relativistic physics. But such issues as relativistic reductions of lengths and durations, the relativity of simultaneity and a single space-time do not remain without attention. The study revealed the fallacy of a long-standing and widespread opinion about the relativity of properties. The necessary condition for the objectivity of scientific theories is revealed. The natural form of expression of quantities is revealed and the non-relative nature of all natural quantities is shown. The hidden form of relativity inherent in the SRT postulate about the constancy of the speed of light in all inertial reference frames and extended in SRT to the magnitude of all lengths and durations considered in it is revealed. It is shown that such relativity is based on the dependence of the quantities on the choice of their reflection systems. It is shown that such dependence is impossible in nature itself. It is concluded that the SRT is erroneous. At the same time, the factors that served as favorable ground for the emergence and spread of this erroneous theory are listed. (shrink)

This is a translation from Russian to English of Nikolai Onufriyevich Lossky’s “Tpaнcцeндeнтaльнo-фeнoмeнoлoгичecкiй идeaлизмъ Гyccepля”, published in the émigré journal Пyть in 1939. In this article, Lossky presents and criticizes Husserl’s transcendental idealism. Like many successors of Husserl’s “Göttingen School,” Lossky interprets Husserl’s transcendental idealism as a Neo-Kantian idealism and he criticizes it on the ground that it leads to a form of solipsism. In light of his own epistemology and his metaphysical system, he also claims that, although Husserl (...) is more radical than Descartes in his methodological doubt, he is not radical enough, because his abstention from existential judgment with regard to the external world is itself an existential judgment. In this regard, Lossky affirms that his own critically-informed defense of naive realism is in fact more radical than Husserl’s transcendental idealism. (shrink)

First published in English in 1935, this is a vital and stimulating critical appraisal of contemporary thought in the post-World War One era. Written by a selection of leading Marxist thinkers including Nikolai Bukharin, who would later become one of the most famous victims of Stalin's show trials, this work offers a Marxist critique of contemporary thought relating to philosophy, science and history. The authors all lean towards the view that the general tendency of modern thought is to abandon (...) the historical method and to deny progress, with the conclusion that Marxism was the only historical and progressive outlook in science, philosophy and history in the period following the First World War and the Communist revolution in Russia. A fascinating document of great historical and political interest which offers an invaluable insight into contemporary thought in the Soviet Union of the 1930s. (shrink)

In der Reihe werden herausragende monographische Untersuchungen und Sammelbände zu allen Aspekten der Philosophie Kants veröffentlicht, ebenso zum systematischen Verhältnis seiner Philosophie zu anderen philosophischen Ansätzen in Geschichte und Gegenwart. Veröffentlicht werden Studien, die einen innovativen Charakter haben und ausdrückliche Desiderate der Forschung erfüllen. Die Publikationen repräsentieren den aktuellsten Stand der Forschung.

The optimal investment problem is studied for a continuous time incomplete market model. It is assumed that the risk-free rate, the appreciation rates, and the volatility of the stocks are all random; they are independent from the driving Brownian motion, and they are currently observable. It is shown that some weakened version of Mutual Fund Theorem holds for this market for general class of utilities. It is shown that the supremum of expected utilities can be achieved on a sequence of (...) strategies with a certain distribution of risky assets that does not depend on risk preferences described by different utilities. (shrink)