The logical pattern underlying twentieth century science is strikingly uniform from physics through biology and psychology to social science. Our purpose will be to analyze and illustrate this pattern, to trace its development, especially from the Middle Ages to the present time, and to suggest some possible consequences for the future.

The term “exchange paradox” refers to a situation in which it appears to be advantageous for each of two holders of an envelope containing some amount of money to always exchange his or her envelope for that of the other individual, which they know contains either half or twice their own amount. We review several versions of the problem and show that resolving the paradox depends on the specifics of the situation, which must be disambiguated, and on the player's beliefs. (...) The latter psychological variables are part and parcel of the resolution. Assuming reasonable subjective distributions, exchanging cannot always be advantageous for both players. We suggest several deep-rooted psychological reasons for the considerable difficulty people demonstrably have in dealing with this problem. Implicit widespread and compelling assumptions—that affect judgement in diverse contexts—obstruct the solution. Analysing this paradox underscores the close connection between psychology and probability theory. (shrink)

[Abstract: Anti-realism – the denial that reality exists apart from our conceptions of it – is rampant, not just among Postmodernists and other literati, but also among many of the leading spokesmen of orthodox quantum theory – from Born, Bohr, and Heisenberg to Wheeler and Wigner. Undoubtedly they've done good physics. Why, then, do they indulge in bad metaphysics? This paper offers some answers.].

In this study, we propose and test a model of the effects of organizational ethical culture and organizational architecture on the perceived unethical behavior of employees towards customers. This study also examines the relationship between organizational ethical culture and moral acceptability judgment, hypothesizing that moral acceptability judgment is an important stage in the ethical decision-making process. Based on a field study in one of the largest financial institutions in Europe, we found that organizational ethical culture was significantly related to the (...) perceived frequency of unethical behavior towards customers and to the moral acceptability judgment of this type of unethical behavior. No support was found for the claim that features of organizational architecture are associated with the perceived frequency of unethical behavior towards customers. This is the first study to document the differential effects of organizational architecture and organizational ethical culture on perceived unethical behavior of employees towards customers, in wholesale banking. Implications for managers and future research are discussed. (shrink)

Corporate social responsibility (CSR) is a dramatically expanding area of activity for managers and academics. Consumer demand for responsibly produced and fair trade goods is swelling, resulting in increased demands for CSR activity and information. Assets under professional management and invested with a social responsibility focus have also grown dramatically over the last 10 years. Investors choosing social responsibility investment strategies require access to information not provided through traditional financial statements and analyses. At the same time, a group of mainstream (...) institutional investors has encouraged a movement to incorporate environmental, social, and governance information into equity analysis, and multi-stakeholder groups have supported enhanced business reporting on these issues. The majority of research in this area has been performed on European and Australian firms. We expand on this literature by exploring the CSR disclosure practices of a size- and industry-stratified sample of 50 publicly traded U.S. firms, performing a content analysis on the complete identifiable public information portfolio provided by these firms during 2004. CSR activity was disclosed by most firms in the sample, and was included in nearly half of public disclosures made during that year by the sample firms. Areas of particular emphasis are community matters, health and safety, diversity and human resources (HR) matters, and environmental programs. The primary venues of disclosure are mass media releases such as corporate websites and press releases, followed closely by disclosures contained in mandatory filings. Consistent with prior research, we identify industry effects in terms of content, emphasis, and reporting format choices. Unlike prior research, we can offer only mixed evidence on the existence of a size effect. The disclosure frequency and emphasis is significantly different for the largest one-fifth of the firms, but no identifiable trends are present within the rest of the sample. There are, however, identifiable size effects with respect to reporting format choice. Use of websites is positively related to firm size, while the use of mandatory filings is negatively related to firm size. Finally, and also consistent with prior literature, we document a generally self-laudatory tone in the content of CSR disclosures for the sample firms. (shrink)

Two compelling principles, the Reasonable Range Principle and the Preservation of Irrelevant Evidence Principle, are necessary conditions that any response to peer disagreements ought to abide by. The Reasonable Range Principle maintains that a resolution to a peer disagreement should not fall outside the range of views expressed by the peers in their dispute, whereas the Preservation of Irrelevant Evidence Principle maintains that a resolution strategy should be able to preserve unanimous judgments of evidential irrelevance among the peers. No standard (...) Bayesian resolution strategy satisfies the PIE Principle, however, and we give a loss aversion argument in support of PIE and against Bayes. The theory of imprecise probability allows one to satisfy both principles, and we introduce the notion of a set-based credal judgment to frame and address a range of subtle issues that arise in peer disagreements. (shrink)

This essay – a collection of contributions from 10 scholars working in the field of biosemiotics and the humanities – considers nature in culture. It frames this by asking the question ‘Why does biosemiotics need the humanities?’. Each author writes from the background of their own disciplinary perspective in order to throw light upon their interdisciplinary engagement with biosemiotics. We start with Donald Favareau, whose originary disciplinary home is ethnomethodology and linguistics, and then move on to Paul Cobley’s contribution on (...) general semiotics and Kalevi Kull’s on biosemiotics. This is followed by Cobley with Frederick Stjernfelt who contribute on biosemiotics and learning, then Gerald Ostdiek from philosophy, and Morten Tønnessen focusing upon ethics in particular. Myrdene Anderson writes from anthropology, while Timo Maran and Louise Westling provide a view from literary study. The essay closes with Wendy Wheeler reflecting on the movement of biosemiotics as a challenge, often via the ecological humanities, to the kind of so-called ‘postmodern’ thinking that has dominated humanities critical thought in the universities for the past 40 years. Virtually all the matters gestured to in outline above are discussed in much more satisfying detail in the topics which follow. (shrink)

Raymond Callahan's lively study exposes the alarming lengths to which school administrators went, particularly in the period from 1910 to 1930, in sacrificing educational goals to the demands of business procedures.

The Current Legal Problems lecture series and annual volume was established around sixty years ago at the Faculty of Laws, University College London and has long been recognized as a major reference point for legal scholarship. The continuing strength of Current Legal Problems is its representation of a broad range of legal scholarship opinion, theory, methodology, and subject matter, with an emphasis upon contemporary developments of law. Contributions to the 61st volume in the series include an analysis of war as (...) crime by Professor Gerry Simpson, an assessment of the problems in building a realistic climate change regime by Professor Daniel Cole, and an exploration of the problems of character evidence by Dr Mike Redmayne. (shrink)

1857. After the fire of mutiny has swept through British India, young Lieutenant Victor Narraway arrives at a battered military base at Cawnpore. It is just two weeks before Christmas, but no one is able to celebrate: they have been betrayed. A soldier under arrest for dereliction of duty has killed a guard and escaped to join the rebels, taking crucial information that led to the massacre of nine men on patrol. Someone must have helped him, and medical orderly John (...) Tallis is the only man unaccounted for at the time. He is now on trial for his life, and Narraway is commanded to defend him. Narraway knows that his is an impossible task. The British Army needs justice to be carried out in full, and there seems no doubt of Tallis's guilt. But Narraway cannot see any motive for his actions. Will an innocent man hang before Christmas? (shrink)

Considerable research on helpers-at-the-nest demonstrates the positive effects of firstborn daughters on a mother’s reproductive success and the survival of her children compared with women who have firstborn sons. This research is largely restricted to agricultural settings. In the present study we ask: “Does ‘daughter first’ improve mothers’ reproductive success in a hunting and gathering context?” Through an analysis of 84 postreproductive women in this population we find that the sex of the first- or second-born child has no effect on (...) a mother’s fertility or the survival of her offspring. We conclude that specific environmental and economic factors underlay the helpers-at-the-nest phenomenon. (shrink)

Peter French has argued that conglomerate collectivities such as business corporations are moral persons and that aggregate collectivities such as lynch mobs are not. Two arguments are advanced to show that French's claim is flawed. First, the distinction between aggregates and conglomerates is, at best, a distinction of degree, not kind. Moreover, some aggregates show evidence of moral personhood. Second, French's criterion for distinguishing aggregates and conglomerates is based on inadequate grounds. Application of the criterion to specific cases requires an (...) additional judgment of a pragmatic nature which undermines any attempt to demonstrate French's thesis that actual conglomerates are moral persons and aggregates are not. Thus, French's theory is seriously lacking both empirical basis and empirical relevance. (shrink)

The quality of corporate disclosures has drawn increasing levels of criticism from Congress and the SEC. A subject of particularly intense scrutiny and action is the Management’s Discussion and Analysis (MD&A). This narrative, intended to provide an inside perspective on the reported results of the firm, is particularly important when attempting to evaluate the investment prospects of the marginal or poorly performing firm. However, managers may restrict the information content of the disclosure, raising potential concerns about ethical behavior. In this (...) study, we employ a proprietary instrument to measure the quality of MD&A disclosures for a sample of firms entering financial distress. We evaluate the disclosure behavior of these firms in an effort to determine whether changes in the disclosure appear to be motivated primarily by economic or ethical concerns. We find, on average, that firms increase disclosure quality in the year of initial distress. However, sustained increases in disclosure quality are limited to firms that subsequently recover from the distress. The results suggest that observed changes in disclosure are driven primarily by economic considerations, rather than ethical ones, especially in good economic times. (shrink)

They may not have happened yet; but they are on the way. Reports, conference talks and exhibitions have provided windows into our possible and probable futures. As our ways of living have changed dramatically over the last 20 or so years, so might we expect even more such changes in the next couple of decades? But what changes might be in the offing and how should we as citizens, students, educators, ethicists and concerned individuals deal with them?Not all of the (...) prospects that are in today’s news will emerge and become consolidated as way-of-life changing mediators. Some of the developments that are on the cards may be difficult to scale-up, produce or manufacture. Others will fall by the wayside because of cost issues, lack of financial backing or poor marketing. And there are always issues of safety, real or imagined, to be dealt with as well as the ethical issues entailed. Also it must be appreciated that there is a category difference between the production of a “tool” and the “ .. (shrink)

The value relevance of corporate social responsibility performance disclosures for financial markets participants remains uncertain despite advances in the literature and the recent proliferation of CSR disclosures around the world. Using an experimental approach involving MBA students at universities in the United States and Lebanon, we study the value relevance of CSR disclosures by testing whether they affect participants’ personal portfolio management investment decisions. We also examine whether the degree to which the CSR disclosures affect these decisions is influenced by (...) corporate governance quality. To examine these issues, we examine the effect of environmental performance on investment decisions in Experiment 1, and the effect of labor performance on investment decisions in Experiment 2. Results from both experiments show that investment decisions are affected by CSR performance. Analysis shows that governance strength exerts a marginal effect on the investment decision only when CSR performance is strong. Lebanese participants appear to be more sensitive to weak performance than U.S. participants. Overall, our findings extend the CSR disclosures literature by documenting the value relevance of CSR performance for financial markets participants’ decision making. These findings also extend the governance literature by documenting that consistent with attribution theory, the effects of governance quality are contingent upon the information and decision context, and that efforts to decontextualize governance may be counterproductive. (shrink)

The bounded rationality theory has been perceived by social scientists as a more flexible version of the rational choice theory, also called expected utility theory. The former has the avantage of taking into consideration the fact that information is generally costly. It corrects the RCT on an important point. For the social sciences, the RCT is very useful, but far from representing a general theory which could explain the various kinds of behaviour the social sciences are confronted to, even in (...) its more flexible BRT version. The article makes the postulates underlying the RCT and the BRT explicit and shows that, when some of the postulates are eliminated, a genuinely general model is obtained: the model which is actually used in convincing sociological analyses.La Théorie de la rationalité limitée a été perçue par les sciences sociales comme une version assouplie de la théorie du choix rationnel, aussi appelée Modèle de l’utilité espérée. La TRL a l’avantage de tenir compte notamment du fait que l’information est généralement coûteuse, corrigeant ainsi l’irréalisme de la TCR sur un point essentiel. Du point de vue des sciences sociales, la TCR est fort utile, mais elle est loin de proposer une théorie générale de la rationalité permettant de rendre compte des divers types de comportement dont les sciences sociales ont à connaître, même dans sa version assouplie de la TRL. On identifie ici les postulats de la TCR et de la TRL et l’on montre qu’en abandonnant certains de ces postulats, l’on définit un modèle, le MRG qui, lui, peut prétendre à la généralité. C’est celui qui est utilisé naturellement par les analyses sociologiques qui ses sont imposées. (shrink)

The Argument from Uncertainty in the abortion debate is the argument that because the moral status of the fetus is uncertain, abortion policies should afford it maximum protection in order to avoid doing very great evil. Three versions of the argument are developed, and each is based upon an unfounded assumption of a burden of proof in the abortion debate. Each is found to make an unwarranted assumption, or to beg the question, and each fails to provide reasonable support for (...) its conclusion. (shrink)

It is shown that, for certain classes of cosmological model which either postulate or give rise to infinitely many universes, only a measure zero subset of the set of possible universes above a given size can in fact be physically realized. It follows that claims to explain the fine tuning of our universe on the basis of such models by appeal to the existence of all possible universes fail.

Raymond Angelo Belliotti's Roman Philosophy and the Good Life provides an accessible picture of these major philosophical influences in Rome and details the crucial role they played during times of major social upheaval. Belliotti demonstrates the contemporary relevance of some of the philosophical issues faced by the Romans, and offers ways in which today's society can learn from the Romans in our attempt to create meaningful lives.

The logic of partial terms (LPT) is a variety of negative free logic in which functions, as well as predicates, are strict. A companion paper focused on nonconstructive LPTwith definite descriptions, called LPD, and laid the foundation for tableaux systems by defining the concept of an LPDmodel system and establishing Hintikka's Lemma, from which the strong completeness of the corresponding tableaux system readily follows. The present paper utilizes the tableaux system in establishing an Extended Joint Consistency Theorem for LPDthat incorporates (...) the Robinson Joint Consistency Theorem and the Craig-Lyndon Interpolation Lemma. The method of proof is similar to that originally used in establishing the Extended Joint Consistency Theorem for positive free logic. Proof of the Craig-Lyndon Interpolation Lemma for formulas possibly having free variables is readily had in LPTand its intuitionistic counterpart. The paper concludes with a brief discussion of the theory of definitions in LPD. (shrink)

The juvenile hormones of insects regulate an unusually large diversity of processes during postembryonic development and adult reproduction. It is a long‐standing puzzle in insect developmental biology and physiology how one hormone can have such diverse effects. The search for molecular mechanisms of juvenile hormone action has been guided by classical models for hormone–receptor interaction. Yet, despite substantial effort, the search for a juvenile hormone receptor has been frustrating and has yielded limited results. We note here that a number of (...) lipid‐soluble signaling molecules in vertebrates, invertebrates and plants show curious similarities to the properties of juvenile hormones of insects. Until now, these signaling molecules have been thought of as uniquely evolved mechanisms that perform specialized regulatory functions in the taxon where they were discovered. We show that this array of lipid signaling molecules share interesting properties and suggest that they constitute a large set of signal control and transduction mechanisms that include, but range far beyond, the classical steroid hormone signaling mechanism. Juvenile hormone is the insect representative of this widespread and diverse system of lipid signaling molecules that regulate protein activity in a variety of ways. We propose a synthetic perspective for understanding juvenile hormone action in light of other lipid signaling systems and suggest that lipid activation of proteins has evolved to modulate existing signal activation and transduction mechanisms in animals and plants. Since small lipids can be inserted into many different pathways, lipid‐activated proteins have evolved to play a great diversity of roles in physiology and development. BioEssays 25:994–1001, 2003. © 2003 Wiley Periodicals, Inc. (shrink)