Examining the fundamental thinking underpinning the foundation for economic studies of happiness, this book explores the theories of key economists and philosophers from the Greek philosophers to more modern schools of thought. Lall Ramrattan and Michael Szenberg explore the general measures of happiness, utility as a method, metrical measures of happiness, happiness in literature, and the scope of happiness in this concise book. Fundamentals of Happiness builds on major moral and philosophical theories from the ancient, medieval, and modern schools (...) that form the foundation of utility analysis. The authors classify the economics of happiness based on psychological, individual, social, and institutional views of happiness, revealing how historical schools of thought implicitly or explicitly deal with this. The book also focuses on the relationship between happiness and society and welfare, analysing the measurement of subjective well-being. This will be an invigorating read for economics students, in particular those studying the history of economic thought, looking to understand the basic principles underlying the economics of happiness. (shrink)

Causation is the main foundation upon which the possibility of science rests. Without causation, there would be no scientific understanding, explanation, prediction, nor application in new technologies. How we discover causal connections is no easy matter, however. Causation often lies hiddenfrom view and it is vital that we adopt the right methods for uncovering it. The choice of methods will inevitably reflect what one takes causation to be, making an accurate account of causation an even more pressing matter. This enquiry (...) informs the correct norms for an empirical study of the world. In Causation in Science and the Methods of Scientific Discovery, Rani Lill Anjum and Stephen Mumford propose nine new norms of scientific discovery. A number of existing methodological and philosophical orthodoxies are challenged as they argue that progress in science is being held back by an overlysimplistic philosophy of causation. (shrink)

SummaryThis paper explores the hypothesis that gender attitude scales are associated with contraceptive use. Four hundred male and female respondents were interviewed using a pre-tested, structured questionnaire. Analyses included comparisons of means and prevalence rates on gender equity indicators, other related factors and socio-demographic characteristics;t-tests to compare mean scores on each gender scale for wives and husbands to identify any significant differences; chi-squared tests to compare associations between individual attributes, attitudes and contraceptive use; and multivariate logistic regression to examine associations (...) between each gender scale and contraceptive use. The findings revealed that, on average, wives endorsed more inequitable gender attitudes compared with husbands on all gender attitude scales. For wives, more equitable gender attitudes were positively associated with contraceptive use. For husbands, the role of gender attitudes had no significant association with wives' reported contraceptive use. Family planning programmes that aim to challenge inegalitarian gender norms should not overlook women in their efforts since both men and women often accept and support inequality in a social system and, in some cases, it may be women's gender attitudes that most influence family planning decisions. (shrink)

This has been possible by the growing awareness of man about his own personal nature, about his larger society and culture and about the whole humanity. The foremost challenge of contemporary man is the discovery and affirmation of man’s spirituality and bringing it into full play in the play of life and for the attainment of some new leap forward in creation and transcendence. The cosmic dimension, therefore comprehends reason and faith, science and poetry. The cosmic dimension brings experience of (...) timelessness in love, worship and beauty The extension of this personal awareness to a larger awareness shared by thesociety enriches the social life and adds an essential element to all progress and development. This balance and harmony is the product of human creativity. Therefore the fullness of life is given to creative persons living harmoniously on all there dimensions of the cosmic, the elemental and the temporal. Some sense of discovery enters into the creative process. (shrink)

Mencius portrayed Yang Zhu as an egoist. But the seeming consensus of scholars is that Yang Zhu was not an egoist. Despite that, however, a passage in the Lüshi chunqiu, a third century BCE text, appears to confirm Mencius’s characterization. It says that Yang Zhu valued self. In this paper, I examine the meaning of guiji. Specifically, I investigate on the term ji to reveal the meaning of guiji and elaborate on its possible implications. Ultimately, I show that with Yang (...) Zhu’s possible conception of self, guiji does not necessarily mean egoism. (shrink)

Although early-stage finance is critical to the growth of most ventures, it is even more important for social ventures as they face the challenges of balancing their social and commercial objectives. Drawing on institutional logics and signaling theory, this study uses a panel data set of 3,401 nascent social ventures to investigate the important role philanthropic grant funding plays in the organizational and financial development of social ventures. We find mixed results, with positive effects on employment and subsequent access to (...) debt finance, but no effects on revenues and access to equity. Our findings connect these theories by suggesting philanthropic grants provide social ventures with flexibility to invest in human capital without pushing them to pursue short-term financial objectives, and that receiving a philanthropic grant provides a signal that is interpreted differently by debt and equity financiers. These findings are especially relevant as funders increasingly use grants to support social entrepreneurship. (shrink)

ABSTRACT In the English language contemporary literature, there are mainly two philosophical approaches to interpretation of the Zhuangzi’s Happy Fish debate. The two approaches to the famous passage are the logical, which focuses on analysis, and the non-analytic, which focuses on context. The approaches are in tension with one another since one implies that the other is wrong. This paper suggests that the view that Zhuangzi holds an externalist view of justification according to the debate (here abbreviated as ZE) reconciles (...) the approaches. ZE is the interpretation that says that in the debate, Zhuangzi is an externalist, in particular, a process reliabilist, because he takes sense perception as means to attaining knowledge. ZE reconciles the two approaches in that in each of them ZE is implicit. Ultimately, this paper not only offers a perspective about the two approaches, it also offers a view about the debate. (shrink)

Evidence based medicine (EBM) is under critical debate, and person centered healthcare (PCH) has been proposed as an improvement. But is PCH offered as a supplement or as a replacement of EBM? Prima facie PCH only concerns the practice of medicine, while the contended features of EBM also include methods and medical model. I here argue that there are good philosophical reasons to see PCH as a radical alternative to the existing medical paradigm of EBM, since the two seem committed (...) to conflicting ontologies. This paper aims to make explicit some of the most fundamental assumptions that motivate EBM and PCH, respectively, in order to show that the choice between them ultimately comes down to ontological preference. While EBM has a solid foundation in positivism, or what I here call Humeanism, PCH is more consistent with causal dispositionalism. I conclude that if there is a paradigmatic revolution on the way in medicine, it is first of all one of ontology. (shrink)

In this paper, we offer two further issues or questions for consideration in thinking about orientation in or stance about technology. We do this in the light of the Zhuangzi’s Primitivist attitude towards technology. The Primitivist is one of the five authorial voices identified in the Zhuangzi. The Zhuangzi is a Chinese philosophical classic named after Zhuang Zhou or Zhuangzi (399?-295? B.C.E.). Fundamentally, we suggest that the Primitivist attitude of resistance towards technology might be said to highlight the point that (...) effects of technology to xing 性 (nature; human nature), thus to individual self, and the natural environment are important considerations in thinking about stance regarding technology. We hold that a reflection on technological orientation would on the whole benefit from a recognition and consideration of two more issues. (shrink)

Artificial intelligence (AI) is rapidly changing the way that art is created and consumed, allowing artists to create unique, engaging works with high computing power that can supplement their creative process. This manuscript explores the creative process of using AI technology in digital art to create paintings and evaluates creativity based on the aesthetic value and components of works created by AI. This research seeks to understand how AI technology influences the art world through a practice-led methodology with a descriptive (...) qualitative approach and observational methodology. Pioneering artwork such as Edmond de Belamy, created by French collective obvious using generative adversarial networks (GANs), has raised questions among the creative fields concerning originality, creativity, and authorship. Through analyses of AI-generated artwork and comparison with traditional artwork, the research investigates potential opportunities and challenges that AI presents to the art world. Ultimately, AI technology can provide a creative spark for human artists who, with an appropriate understanding of the limitations of AI algorithms, can create incredible pieces of art that embrace the contributions of both humans and machines. This research seeks to fill in the gaps left by earlier works and provide a more multi-faceted look at the changing landscape of AI in art, gaining a better understanding of the ways AI is impacting the art world and what the future may look like in the coming years. (shrink)

This book is a philosophical analysis of ordinary concepts like human action and, consciousness, and how they get represented in our language. It examines the philosophical history of the issues that emerge and places the discussion across different paradigms. It brings into contemporary focus some problems like intentionality, relation between mind, body and structure of explanations.

This paper takes behavioural propriety as the source of ritual or the ritualistic in indigenous philosophy in the Philippines. Filipino understanding of behavioural propriety is seen in what have been identified as elements or features of indigenous philosophy in the country. These features are stored in pre-hispanic era (pre-16th century CE) maxims or proverbs and myths. In this paper, I engage conception of behavioural propriety in Filipino philosophy with that in Confucian philosophy. In Confucian philosophy, it is “li” 禮 which (...) relates to ritual. Li encompasses ritual propriety and behavioural propriety. It is originally about ritual or ceremony and, as understood in contemporary scholarship, it has the general meaning of proper conduct; it refers first and foremost to rules of proper conduct. In this paper, I address the question of what each understanding offers for the enrichment of the other. I suggest that importantly, Confucian understanding of li offers the view of behavioural propriety as having an ennobling function, and that Filipino understanding of behavioural propriety offers a perspective on the debate in Confucianism about whether it is ren 仁 or li that is more fundamental in Confucius’s thought. A point that appears to be present in the Filipino understanding is that propriety in behaviour cannot be separated from humaneness (ren). The point comes from the view in the proverbs that a person of ren is necessarily a person of li. Accordingly, the perspective which the Filipino understanding offers proposes the view that behavioural propriety is a necessary condition for humanity (ren). (shrink)

What is the connection between dispositions and ethics? Some might think very little and those who are interested in dispositions tend to be metaphysicians whose interests are far from value. However, we argue in this paper that dispositions and dispositionality are central to ethics, indeed a precondition. Ethics rests on a number of notions that are either dispositional in nature or involve real dispositions or powers at work. We argue for a dispositional account of value that offers an alternative to (...) the traditional fact-value dichotomy. We explain the place of value within a structure that explains the possibility of ethics. Elsewhere in this structure, we argue that moral responsibility is a precondition for ethics and that it is a dispositional notion depending critically on what Mumford and Anjum have called the dispositional modality. Moral responsibility in turn depends on there being both agency and normativity. We argue that intentionality and agency are preconditions for agency and that value is a precondition of normativity. All these notions are dispositional and make best sense if there are real dispositions or causal powers of agents. (shrink)

In this article we examine the association between corporate social responsibility (CSR) and firm value. This line of research is important since firms continue to invest in CSR even though past studies reveal a limited linkage between financial value and CSR. However, the business case for CSR or “doing good while making a profit,” appears to be advancing within the business ethics literature as a preferred conception of CSR. We conjecture that the greater unification and refinement of both profit maximization (...) and stakeholder interests through corporate acts, not statements alone, will sustain the financial value of CSR in a less regulated global business environment. We study the triangle of what companies say, what companies do, and firm financial performance. We analyze Fortune 250 firms and find a positive association between what companies do based on KLD Research and Analytics, Inc. (KLD) ratings, and what companies state about ethics in their CSR statements. We then employ regression analysis and find that companies’ socially responsible acts are positively associated with overall firm value and financial performance. Yet we do not find a statistically significant association between what companies say regarding ethics in their CSR statements and their financial outcomes. These results suggest that firm value and financial performance is associated with what companies do and not what they say. Our results seem to be driven by multinational corporations (MNCs) and not by non‐MNCs. This is possibly because MNCs generally operate in a less regulated global business environment that often necessitates strong ethical corporate leadership to further stakeholder interests. Overall, these results help reconcile corporate and stakeholder objectives since evidence of a link between financial performance and doing good sustains global CSR. (shrink)

This paper explores an increasingly prevalent element of board-level commitment to sustainability. We propose a theoretical framework under which the existence and associated actions of board-level sustainability committees are motivated by shared value creation, where the interests of a diverse group of stakeholders are satisfied and sufficient profit is achieved. Using hand-collected data, we find that sustainability committees are heterogeneous in focus and vary in their effectiveness. Specifically, we disaggregate the sustainability committee construct based on stakeholder group focus and find (...) that associations between sustainability committees and performance outcomes are stronger when committees focused on a specific stakeholder group are paired with relevant performance outcomes. We generally find that sustainability committees are effective at impacting relevant strengths, but do not mitigate relevant concerns. These results are consistent with the shared value framework, where committees both generate value by pursuing sustainability-related opportunities and protect value by monitoring, but not necessarily mitigating sustainability-related risks. Univariate tests suggest that effective committees are also larger, more independent, and meet more frequently. Finally, we propose a new method to classify industries based on their sensitivity to certain stakeholder groups and find that the effectiveness of committees focused on specific stakeholders is more pronounced in industries that are sensitive to these stakeholders. (shrink)

Study of the Buddhist philosophy as presented in Kumārila Bhaṭṭa's Ślokavārttika, 7th century exegesis of Śabarasvāmī's Mīmāṃsābhāṣya, commentary on Jaimini's Mīmāṃsāsūtra.

Causation is everywhere in the world: it features in every science and technology. But how much do we understand it? Mumford and Anjum develop a new theory of causation based on an ontology of real powers or dispositions. They provide the first detailed outline of a thoroughly dispositional approach, and explore its surprising features.

Most theories of causation assume that it must involve some kind of necessity, or that the cause must be entirely sufficient for the effect. Others have already suggested that it should be possible to get a theory of causation from a theory of powers or dispositions. Such a project is far from complete but even here we find that the key point in a dispositional theory of causation has been lacking. This paper attempts to establish some of the most important (...) principles of such a theory and in so doing turn the existing discussion in a new direction. (shrink)

In this paper I present some of Robert N. McLaughlin's critique of a truth functional approach to conditionals as it appears in his book On the Logic of Ordinary Conditionals. Based on his criticism I argue that the basic principles of logic together amount to epistemological and metaphysical implications that can only be accepted from a logical atomist perspective. Attempts to account for conditional relations within this philosophical framework will necessarily fail. I thus argue that it is not truth functionality (...) as such that is the problem, but the philosophical foundation of modern logic. (shrink)

Hva er vitenskap og hva anser vi som vitenskaplighet? Dette er spørsmål som kan være verdt å se nøyere på før vi aksepterer at det er et klart skille mellom den etablerte skolemedisinen og alt det vi kaller ”alternativ medisin” eller ”alternativ behandling”. For hva er det egentlig som gjør noe til etablert og noe annet til et alternativ? Er den etablerte medisin mer vitenskapelig enn den alternative, ved at den for eksempel benytter seg av mer vitenskapelige metoder? Er resultatene (...) til den etablerte behandlingen ”vitenskapelig bevist”, mens den alternative behandlingen ikke har noen vitenskapelig dokumenterte resultater å vise til? Og har den alternative tradisjonen et forklaringsproblem med hensyn til hvorfor behandlingen eventuelt fungerer, mens den etablerte tradisjonen kan henvise til entydige kausale modeller? -/- Hva vi er tilbøyelig til å svare på slike spørsmål avhenger av hva vi legger i begrepene vitenskap og vitenskapelighet. (shrink)

Hva er vitenskap og hva anser vi som vitenskaplighet? Dette er spørsmål som kan være verdt å se nøyere på før vi aksepterer at det er et klart skille mellom den etablerte skolemedisinen og alt det vi kaller ”alternativ medisin” eller ”alternativ behandling”. For hva er det egentlig som gjør noe til etablert og noe annet til et alternativ? Er den etablerte medisin mer vitenskapelig enn den alternative, ved at den for eksempel benytter seg av mer vitenskapelige metoder? Er resultatene (...) til den etablerte behandlingen ”vitenskapelig bevist”, mens den alternative behandlingen ikke har noen vitenskapelig dokumenterte resultater å vise til? Og har den alternative tradisjonen et forklaringsproblem med hensyn til hvorfor behandlingen eventuelt fungerer, mens den etablerte tradisjonen kan henvise til entydige kausale modeller? -/- Hva vi er tilbøyelig til å svare på slike spørsmål avhenger av hva vi legger i begrepene vitenskap og vitenskapelighet. (shrink)

In this paper I argue that a truth functional account of conditional statements ‘if A then B’ not only is inadequate, but that it eliminates the very conditionality expressed by ‘if’. Focusing only on the truth-values of the statements ‘A’ and ‘B’ and different combinations of these, one is bound to miss out on the conditional relation expressed between them. But this is not a flaw only of truth functionality and the material conditional. All approaches that try to treat conditionals (...) as mere functions of their antecedents and consequents will end up in some sort of logical atomism where causal matters simply are reduced to the joint occurrence of A and B. What we need is a non-extensional approach to conditionals that can account for hypotheticality, potentiality, and dependency, none of which can be understood by looking to the antecedent or consequent per se. (shrink)

Our research reveals that organizations are known as great work places due to their successful performance on certain areas. And, financing for such industries is profitable, where employees are happy and shareholders get highest rate of return for their investments. In our study, a few such organizations have been identified and selected for this article. For successful functioning of organizations, certain areas have been recognized as key performance areas. A corporate image can be measured and assessed, based on its creative (...) and innovative approach. We highlighted about ethics, what makes corporate ethics, involvement of corporation in social responsibilities, and how ethical governance needs to be framed. We also covered ideas, contributions, and suggestions made by various experts from different organizations. In the end, we included questions relating to ethics through which we can measure ethical performances. Finally, we concluded that if ethics are followed by every individual India will flourish in global market. (shrink)

Leading economists analyze the new directions that subdisciplines of economics have taken in the face of modern economic challenges. These essays represent invention and discovery in the areas of information, macroeconomics and public policies, international trade and development, finance, business, contracts, law, gaming, and government, as these areas of study evolve through the different phases of the scientific process. They offer a wealth of factual information on the current state of the economy. Theoretical and empirical innovations conceptualize reality and values (...) in different ways from their predecessors. Together the essays offer the reader a balanced look at the various fields, approaches, and dimensions that comprise future directions in economic theory, research, and practice. The extensive introduction by the editors not only summarizes and reviews the implications of the contributions presented in the volume, but also examines how scientific progress takes place, with special reference to economics and finance. (shrink)

This volume illuminates and critically assesses Paul A. Samuelson's voluminous and groundbreaking contributions to the field of economics. The volume includes contributions from eminent scholars, including 6 Nobel Laureates, covering the extraordinary depth and breadth of Samuelson's contributions. Samuelson, the first American economist to win the Nobel prize in 1970, was the foremost voice in economics in the latter half of the 20th century. He single-handedly transformed the discipline by creating a new way of presenting economics, making it possible for (...) it to be cast all in mathematical terms. Samuelson developed broad frameworks, such as the neoclassical synthesis, a mixed economy, and the surrogate production function, which provided practitioners with a vision for research. Samuelson's contributions to economics are rich, complex, consequential, and relevant to the ordinary economics of life. The quality of Samuelson's output and methods leave no doubt that his contributions continue to be timely and relevant even in the 21st century. Ideal as a reference or an introduction to Samuelson's work, this is a must-have for students and academics alike. (shrink)

Purpose Digital transformation leverages digital technologies to change current processes and introduce new processes in any organisation’s business model, customer/user experience and operational processes. Artificial intelligence plays a significant role in achieving DT. As DT is touching each sphere of humanity, AI led DT is raising many fundamental questions. These questions raise concerns for the systems deployed, how they should behave, what risks they carry, the monitoring and evaluation control we have in hand, etc. These issues call for the need (...) to integrate ethics in AI led DT. The purpose of this study is to develop an “AI led ethical digital transformation framework”. Design/methodology/approach Based on the literature survey, various existing business ethics decision-making models were synthesised. The authors mapped essential characteristics such as intensity and the individual, organisational and opportunity factors of ethics models with the proposed AI led ethical DT. The DT framework is evaluated using a thematic analysis of 23 expert interviews with relevant AI ethics personas from industry and society. The qualitative data of the interviews and opinion data has been analysed using MAXQDA software. Findings The authors have explored how AI can drive the ethical DT framework and have identified the core constituents of developing an AI led ethical DT framework. Backed by established ethical theories, the paper presents how DT pillars are related and sequenced to ethical factors. This research provides the potential to examine theoretically sequenced ethical factors with practical DT pillars. Originality/value The study establishes deduced and induced ethical value codes based on thematic analysis to develop guidelines for the pursuit of ethical DT. The authors identify four unique induced themes, namely, corporate social responsibility, perceived value, standard benchmarking and learning willingness. The comprehensive findings of this research, supported by a robust theoretical background, have substantial implications for academic research and corporate applicability. The proposed AI led ethical DT framework is unique and can be used for integrated social, technological and economic ethical research. (shrink)

The material interpretation of conditionals is commonly recognized as involving some paradoxical results. I here argue that the truth functional approach to natural language is the reason for the inadequacy of this material interpretation, since the truth or falsity of some pair of statements ‘p’ and ‘q’ cannot per se be decisive for the truth or falsity of a conditional relation ‘if p then q’. This inadequacy also affects the ability of the overall formal system to establish whether or not (...) arguments involving conditionals are valid. I also demonstrate that the Paradox of Indicative Conditionals does not actually involve a paradox, but instead contains some paralogistic elements that make it appear to be a paradox. The discussion of the paradox in this paper further reveals that the material interpretation of conditionals adversely affects the treatment of disjunctions. -/- Much has been said about these matters in the literature that point in the same direction. However, there seems to be some reluctance against fully complying with the arguments against the truth functional account of conditionals, since many of the alternative accounts rely on the material conditional, or at least on an understanding of the conditional as a function of antecedent and consequent in a similar sense as the material conditional. My argument against truth functionality indicates that it may in general involve similar problems to treat conditionals as such functions, whether one deals with theories of truth, assertability or probability. (shrink)

Grice argues that indicative conditionals ‘if p then q’ have conventional, truth conditional meaning according to the material conditional ‘p  q’. In order to explain away the known paradoxes with this interpretation, he distinguishes between truth conditions and assertion conditions, attempting to demonstrate that the assumed connection between ‘p’ and ‘q’ (the Indirectness Condition) is a conversational implicature; hence a matter only relevant for the assertion conditions of a conditional. This paper argues that Grice fails to demonstrate i) that (...) the Indirectness Condition is cancellable, hence a conversational implicature, ii) that the Indirectness Condition is not part of the conventional, truth-relevant meaning of ‘if’, and accordingly, iii) semantic or logical equivalence between indicative and material conditionals. (shrink)

The conditional interpretation of general categorical statements like ‘All men are animals’ as universally quantified material conditionals ‘For all x, if x is F, then x is G’ suggests that the logical structure of law statements is conditional rather than categorical. Disregarding the problem that the universally quantified material conditional is trivially true whenever there are no xs that are F, there are some reasons to be sceptical of Frege’s equivalence between categorical and conditional expressions. -/- Now many philosophers will (...) claim that the material conditional interpretation of laws statements, dispositions ascriptions, or any causal claim is generally accepted as wrong and outdated. Still, there seem to be some basic logical assumptions that are shared by most of the participants in the debate on causal matters which at least stems from the traditional truth functional interpretation of conditionals. This is indicated by the vocabulary in the philosophical debate on causation, where one often speaks of ‘counterfactuals’, ‘possible worlds’ and ‘necessity’ without being explicit on whether or to what extent one accepts the logical-technical definition of these notions. To guarantee a non-Humean and non-extensional approach to causal relations, it is therefore important to be aware of the logical and metaphysical implications of the technical vocabulary. -/- In this paper we want to show why extensional logic cannot deal with causal relations. Via a logical analysis of law-like statements ‘All Fs are Gs’ we hope to throw some new light on interrelated notions like causation, laws, induction, hypotheticality and modality. If successful, our analysis should be of relevance for a deeper understanding of any type of causal relations, whether we understand them to be laws, dispositions, singulars or categoricals. (shrink)