CEO compensation has received much attention from both academics and regulators. However, academics have given scant attention to understanding judgments about CEO compensation by third parties such as investors. Our study contributes to the ethics literature on CEO compensation by examining whether judgments about CEO compensation are influenced by two aspects of a company’s tone at the top—social ties between the CEO and members of the Executive Compensation Committee and the CEO’s Reputation, particularly for financial reporting and disclosures. Although, stock (...) exchanges such as NASDAQ require ECC members to be independent, CEOs still may have social connections to the ECC. In addition, CEOs develop a reputation for the quality of their company’s financial reporting and disclosures. We expect both CEO Social Ties and CEO Reputation to impact say-on-pay judgments, and that fairness perceptions about the CEO compensation will mediate the relationship. We conduct an experiment to test our hypotheses. In this study, we employ a two by two experimental design where we manipulate CEO Social Ties with members of the ECC and CEO Reputation for the quality of financial reporting disclosures . Participants were MBA students who provided a say-on-pay judgment , and judgments about the fairness of the CEO’s compensation. Results indicate that CEO Social Ties affected participants’ say-on-pay judgments, which were fully mediated by their perceptions about fairness of the CEO’s compensation. Further, the CEO’s Reputation also affected participants’ say-on-pay judgments, which were fully mediated by their perceptions about fairness of the CEO’s compensation. Implications for research and public policy are presented. (shrink)
This article considers, from a feminist perspective, the introduction of the European Equal Treatment Amendment Directive (E.T.A.D.) and its impact on the law of sexual harassment in the United Kingdom. Since feminists identified sexual harassment as a problem for women in the 1970s, feminist legal scholars have focused their attention on the law as a means of redressing it. Bringing claims in the U.K. has been difficult because of the absence of a definition of sexual harassment and reliance in the (...) Sex Discrimination Act 1975 on a comparator approach. These problems are illustrated by the recent House of Lords decision in Pearce v. Governing Body of Mayfield Secondary School(2003). The failure of the House of Lords in Pearce to understand sexual harassment as an issue of substantive equality for women makes the introduction of the European law all the more the pressing. The author discusses the implications of the changes embodied in the E.T.A.D. in the light of feminist theory. She argues that the changes envisaged constitute welcome developments which will make it easier to remedy workplace sexual harassment. However, it is also likely that problems will remain for women in establishing sexual harassment claims, particularly if concepts of reasonableness and unwelcome behaviour continue to form part of the legal definition. (shrink)
Though we are in broad agreement with much of Elqayam & Evans' (E&E's) position, we criticize two aspects of their argument. First, rejecting normativism is unlikely to yield the benefits that E&E seek. Second, their conception of rational norms is overly restrictive and, as a consequence, their arguments at most challenge a relatively restrictive version of normativism.
Samuels and Stich explore the debate over the extent to which ordinary human reasoning and decision making is rational. One prominent cluster of views, often associated with the heuristics and biases tradition in psychology, maintains that human reasoning is, in important respects, normatively problematic or irrational. Samuels and Stich start by sketching some key experimental findings from this tradition and describe a range of pessimistic claims about the rationality of ordinary people that these and related findings are sometimes (...) taken to support. Such pessimistic interpretations of the experimental findings have not gone unchallenged however: Samuels and Stich outline some of the research on reasoning that has been done by evolutionary psychologists and sketch a cluster of more optimistic theses about ordinary reasoning that such psychologists defend. Although Samuels and Stich think that the most dire pronouncements made by writers in the heuristics and biases tradition are unwarranted, they also maintain that the situation is rather more pessimistic than sometimes suggested by evolutionary psychologists. They conclude by defending this “middle way” and sketch a family of “dual processing” theories of reasoning which, they argue, offer some support for the moderate interpretation they advocate. (shrink)
In recent years evolutionary psychologists have developed and defended the Massive Modularity Hypothesis, which maintains that our cognitive architecture—including the part that subserves ‘central processing’ —is largely or perhaps even entirely composed of innate, domain-specific computational mechanisms or ‘modules’. In this paper I argue for two claims. First, I show that the two main arguments that evolutionary psychologists have offered for this general architectural thesis fail to provide us with any reason to prefer it to a competing picture of the (...) mind which I call the Library Model of Cognition. Second, I argue that this alternative model is compatible with the central theoretical and methodological commitments of evolutionary psychology. Thus I argue that, at present, the endorsement of the Massive Modularity Hypothesis by evolutionary psychologists is both unwarranted and unmotivated. (shrink)
There is a venerable philosophical tradition that views human beings as intrinsically rational, though even the most ardent defender of this view would admit that under certain circumstances people’s decisions and thought processes can be very irrational indeed. When people are extremely tired, or drunk, or in the grip of rage, they sometimes reason and act in ways that no account of rationality would condone. About thirty years ago, Amos Tversky, Daniel Kahneman and a number of other psychologists began reporting (...) findings suggesting much deeper problems with the traditional idea that human beings are intrinsically rational animals. What these studies demonstrated is that even under quite ordinary circumstances where fatigue, drugs and strong emotions are not factors, people reason and make judgments in ways that systematically violate familiar canons of rationality on a wide array of problems. Those first surprising studies sparked the growth of a major research tradition whose impact has been felt in economics, political theory, medicine and other areas far removed from cognitive science. In Section 2, we will sketch a few of the better known experimental findings in this area. We’ve chosen these particular findings because they will play a role at a later stage of the paper. For readers who would like a deeper and more systematic account of the fascinating and disquieting research on reasoning and judgment, there are now several excellent texts and anthologies available. (shrink)
This book provides an introduction to Plato’s work that gives a clear statement of what Plato has to say about the problems of thought and life. In particular, it tells the reader just what Plato says, and makes no attempt to force a system on the Platonic text or to trim Plato’s works to suit contemporary philosophical tastes. The author also gives an account that has historical fidelity - we cannot really understand the Republic or the Gorgias if we forget (...) that the Athens of the conversations is meant to be the Athens of Nicias or Cleon, not the very different Athens of Plato’s own manhood. To understand Plato’s thought we must see it in the right historical perspective. (shrink)
What are the elements from which the human mind is composed? What structures make up our _cognitive architecture?_ One of the most recent and intriguing answers to this question comes from the newly emerging interdisciplinary field of evolutionary psychology. Evolutionary psychologists defend a _massively modular_ conception of mental architecture which views the mind –including those parts responsible for such ‘central processes’ as belief revision and reasoning— as composed largely or perhaps even entirely of innate, special-purpose computational mechanisms or ‘modules’ that (...) have been shaped by natural selection to handle the sorts of recurrent information processing problems that confronted our hunter-gatherer forebears (Cosmides and Tooby,192; Sperber, 1994; Samuels, 1998a). (shrink)
Though nativist hypotheses have played a pivotal role in the development of cognitive science, it remains exceedingly obscure how they—and the debates in which they figure—ought to be understood. The central aim of this paper is to provide an account which addresses this concern and in so doing: a) makes sense of the roles that nativist theorizing plays in cognitive science and, moreover, b), explains why it really matters to the contemporary study of cognition. I conclude by outlining a range (...) of further implications of this account for current debate in cognitive science. (shrink)
Machery argues that concepts do not constitute a natural kind. We argue that this is a mistake. When appropriately construed, his discussion in fact bolsters the claim that concepts are a natural kind.
During the last 25 years, researchers studying human reasoning and judgment in what has become known as the “heuristics and biases” tradition have produced an impressive body of experimental work which many have seen as having “bleak implications” for the rationality of ordinary people (Nisbett and Borgida 1975). According to one proponent of this view, when we reason about probability we fall victim to “inevitable illusions” (Piattelli-Palmarini 1994). Other proponents maintain that the human mind is prone to “systematic deviations from (...) rationality” (Bazerman & Neale 1986) and is “not built to work by the rules of probability” (Gould 1992). It has even been suggested that human beings are “a species that is uniformly probability-blind” (Piattelli-Palmarini 1994). This provocative and pessimistic interpretation of the experimental findings has been challenged from many different directions over the years. One of the most recent and energetic of these challenges has come from the newly emerging field of evolutionary psychology, where it has been argued that it’s singularly implausible to claim that our species would have evolved with no “instinct for probability” and, hence, be “blind to chance” (Pinker 1997, 351). Though evolutionary psychologists concede that it is possible to design experiments that “trick our probability.. (shrink)
has a more specific role to play in the development of Of course, the conclusion to draw is not that innateness innate cognitive structure. In particular, a common claim claims are trivially false or that they cannot be character-.
This book provides an introduction to Plato’s work that gives a clear statement of what Plato has to say about the problems of thought and life. In particular, it tells the reader just what Plato says, and makes no attempt to force a system on the Platonic text or to trim Plato’s works to suit contemporary philosophical tastes. The author also gives an account that has historical fidelity - we cannot really understand the Republic or the Gorgias if we forget (...) that the Athens of the conversations is meant to be the Athens of Nicias or Cleon, not the very different Athens of Plato’s own manhood. To understand Plato’s thought we must see it in the right historical perspective. (shrink)
Objectives To evaluate whether the requirement of “minimal risk and burden” for paediatric research without direct benefit to the subjects compromises the ability to obtain data necessary for improving paediatric care. To provide evidence-based reflections on the EU recommendation that allows for a higher level of risk. Design and setting Systematic analysis of the approval/rejection decisions made by the Dutch Central Committee on Research involving Human Subjects (CCMO). Review methods The analysis included 165 proposals for paediatric research without direct benefit (...) that were reviewed by the CCMO between January, 2000, and July, 2007. A separate, in-depth analysis of all drug studies included 18 early phase drug studies and nine other drug studies without direct benefit. Results 11 out of 165 studies were definitively rejected because the CCMO did not regard the risk and/or burden to be minimal. In three of these 11 cases (including two early phase drug studies) the requirement of minimal risk and burden was cited as the only reason for rejection. Four other early phase drug studies also involved risks and/or burdens that were not regarded to be minimal but were nevertheless approved. Conclusions The requirement of minimal risk and burden, aiming to protect research subjects, occasionally leads to rejection of protocols. Early phase drug studies relatively often do not comply with the requirement. Committees may find ways to approve important studies that formally should be rejected, but that is not a desirable solution. The regulatory framework should be revised to make such occasional exceptions to the requirement legitimate and transparent. (shrink)
Results from research in social psychology, such as findings about the fundamental attribution error and other situational influences on behaviour, are often used to justify attacking the existence of character traits. From this perspective, character development is an illusion, an impossibility, or both. We offer a different interpretation of how these issues interact with character development concerns. Rather than undermining the very idea of character traits, social psychology actually sheds light on the manner in which character development can occur. It (...) reaffirms Spinozistic and Aristotelian points about character, namely that: (1) knowledge of the fundamental attribution error can help us minimize the influence environment and situation have on our behaviour, and (2) proper habituation only takes place in appropriately structured environments. Acknowledging these important results from social psychology helps us improve some of our character education practices rather than destroying their basis. (shrink)
Among the most pervasive and fundamental assumptions in cognitive science is that the human mind (or mind-brain) is a mechanism of some sort: a physical device com- posed of functionally specifiable subsystems. On this view, functional decomposition – the analysis of the overall system into functionally specifiable parts – becomes a central project for a science of the mind, and the resulting theories of cognitive archi- tecture essential to our understanding of human psychology.
In this paper I defend the classical computational account of reasoning against a range of highly influential objections, sometimes called relevance problems. Such problems are closely associated with the frame problem in artificial intelligence and, to a first approximation, concern the issue of how humans are able to determine which of a range of representations are relevant to the performance of a given cognitive task. Though many critics maintain that the nature and existence of such problems provide grounds for rejecting (...) classical computationalism, I show that this is not so. Some of these putative problems are a cause for concern only on highly implausible assumptions about the extent of our cognitive capacities, whilst others are a cause for concern only on similarly implausible views about the commitments of classical computationalism. Finally, some versions of the relevance problem are not really objections but hard research issues that any satisfactory account of cognition needs to address. I conclude by considering the diagnostic issue of why accounts of cognition in general—and classical computational accounts, in particular—have faired so poorly in addressing such research issues.Keywords: Computationalism; Frame problem; Relevance. (shrink)
Over the past few decades, reasoning and rationality have been the focus of enormous interdisciplinary attention, attracting interest from philosophers, psychologists, economists, statisticians and anthropologists, among others. The widespread interest in the topic reflects the central status of reasoning in human affairs. But it also suggests that there are many different though related projects and tasks which need to be addressed if we are to attain a comprehensive understanding of reasoning.
There is a puzzling tension in contemporary scientific attitudes towards human nature. On the one hand, evolutionary biologists correctly maintain that the traditional essentialist conception of human nature is untenable; and moreover that this is obviously so in the light of quite general and exceedingly well-known evolutionary considerations. On the other hand, talk of human nature abounds in certain regions of the sciences, especially in linguistics, psychology and cognitive science. In this paper I articulate a conception of human nature that (...) a) captures how cognitive and behavioral scientists tend to deploy the notion whilst, b) evading standard evol-utionary objections, and c) allowing human nature – and theories thereof – to fulfill many of their traditional theoretical roles. (shrink)
Research involving children or other incompetent subjects who are deemed unable to provide informed consent is complex, particularly in the case of research that does not directly benefit the research subjects themselves. The Helsinki Declaration, the World Medical Association's landmark document for research ethics, therefore states that incompetent research subjects must not be included in such research unless it entails only minimal risk and minimal burden. In this paper, we argue that now that research in these groups is expected to (...) expand, this undifferentiated minimal risk and burden requirement does not suffice any more. In the upcoming revision of the Declaration, the paragraph at stake should be refined in such a way that it is not unnecessarily restrictive or more permissive than can be ethically justified. Our first recommendation is to stimulate research ethics committees to identify more accurately those risks and burdens that the research subjects must undergo solely for research purposes by distinguishing between two types of study procedures instead of between two types of studies. Our second recommendation is to allow for exceptions to the minimal risk and burden requirement in cases of exceptionally valuable studies that involve subjects who can give their assent to participate in the study and that involve at most a minor increase over minimal risk and/or burden. (shrink)
This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational (...) concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools. (shrink)
OBJECTIVES: To report the outcome of applications to 43 research ethics committees. SETTING: Four regional health authorities in England. FINDINGS: The research ethics committees varied considerably in their practices. The time lapse until notification of the outcome of the approval ranged from just under one week to 23 weeks with a mean of 8.6 weeks. Four research ethics committees failed to notify the research team of an outcome of their request for approval. CONCLUSION: A national research ethics committee is needed (...) to review national and multi-location research studies in the light of the fragmented and variable practice of local research ethics committees. (shrink)
To mark International Women’s Day the Research Group for Law, Gender and Sexuality at Westminster Law School held an evening conversation on 10 March 2016 on Women and Asylum. Speakers working in different areas of the asylum system shared their insights and experiences with an audience of staff, students, activists and other visitors. Harriet Samuels chaired the conversation and the speakers were Princess Chine Onyeukwu, Debora Singer, Priya Solanki and Zoe Harper. This article is an edited extract from the (...) transcript of the presentations and wide-ranging discussion, including the question and answer session. The discussion focused on the different steps in the refugee determination process and considered, in particular, the gendering of credibility and how women’s perceived lack of credibility has a significant impact on determinations and processes. (shrink)
In this paper, I will reread the history of molecular genetics from a psychoanalytical angle, analysing it as a case history. Building on the developmental theories of Freud and his followers, I will distinguish four stages, namely: (1) oedipal childhood, notably the epoch of model building (1943–1953); (2) the latency period, with a focus on the development of basic skills (1953–1989); (3) adolescence, exemplified by the Human Genome Project, with its fierce conflicts, great expectations and grandiose claims (1989–2003) and (4) (...) adulthood (2003–present) during which revolutionary research areas such as molecular biology and genomics have achieved a certain level of normalcy—have evolved into a normal science. I will indicate how a psychoanalytical assessment conducted in this manner may help us to interpret and address some of the key normative issues that have been raised with regard to molecular genetics over the years, such as ‘relevance’, ‘responsible innovation’ and ‘promise management’. (shrink)