Although artificial intelligence has been given an unprecedented amount of attention in both the public and academic domains in the last few years, its convergence with other transformative technologies like cloud computing, robotics, and augmented/virtual reality is predicted to exacerbate its impacts on society. The adoption and integration of these technologies within industry and manufacturing spaces is a fundamental part of what is called Industry 4.0, or the Fourth Industrial Revolution. The impacts of this paradigm shift on the human operators (...) who continue to work alongside and symbiotically with these technologies in the industry bring with it novel ethical issues. Therefore, how to design these technologies for human values becomes the critical area of intervention. This paper takes up the case study of robotic AI-based assistance systems to explore the potential value implications that emerge due to current design practices and use. The design methodology known as Value Sensitive Design (VSD) is proposed as a sufficient starting point for designing these technologies for human values to address these issues. (shrink)
This article is an attempt to understand “Bounds of Ethics in a Globalized World”, the hiatus between principles, norms and values and how they are codified on the one hand and the risks that follow when the actualisations of regulative principles fail in political reality on the other hand. Considering the political, economic and social reality, it is frequently diagnosed that reality is lagging far behind the potential of constitutionally guaranteed rights and duties. A variety of constitutionally guaranteed values suffers (...) from devaluation. Taking examples from Bavaria in Germany, questions concerning whether the Bavarian society is at the borders of ethical capacities, or whether the limits of possible ethical regulation have been reached are dealt with. Important parallels in the genesis of the Bavarian and the Indian constitution are highlighted in this context. Through an understanding of the ideas of Ludwig Erhard, a pragmatic approach and an innovative model is proposed for cultivating values in a sustainable way. The importance of values of virtues is discussed and an emphasis is put on the importance of practiced virtues. (shrink)
The Bavarian and the Indian constitutions were developed in almost the same period of time. Because of historic experiences the prospect of legal certainty was the determining factor for the representatives of the people in India and Bavaria. They elaborated functioning constitutions and integrated their fundamental ideological principles quite naturally. The Indian and the Bavarian constitution are characterized by their aspirations to balance social injustice, particularly by striking a balance between individual liberty and social need.The history of political economy demonstrates (...) a broad variety of interpretations regarding the meaning and function of value concepts. When we review all these value concepts we identify two poles of the value-concept that still lack compatibility with each other in economical and philosophical schools to this day. Value systems have to be applied situation-sensitive and are in need of a frequent critical reflection; they need to be refused or changed if necessary.Examining some examples of the Bavarian Constitution, we indicate some concordances with regard to contents of the Indian Constitutional Law. The equivalences in the Bavarian and the Indian Constitution incorporate entitlements which should protect citizens against an unjustified economical assault upon their existence. The social value conflicts that occur more and more because of the hiatus to the constitutionally warranted values, and that cannot be solved simply by law or political adjustment, are therefore up for discussion. We then examine the disparity between entitlements and reality and discuss the hierarchy of our values. (shrink)
Die "Deutsche Ideologie" enthält zu großen Teilen fragmentarische Textstücke, die Bausteine der historisch-materialistischen Gesellschafts- und Geschichtstheorie bilden, die tief in das 19. Jahrhundert und die Philosophiegeschichte eingebettet ist. Die vornehmlich von Marx und Engels verfasste Schrift ist gleichermaßen Gedankenlaboratorium, polemische Streitschrift und der Beginn der Dogmatisierung. Diese Schwellensituation macht den anhaltenden Reiz der Schrift aus, in der eine Vielzahl von systematischen und methodischen Fragen diskutiert und variiert werden. Das unvollendete Werk hat eine eigentümliche Editionsgeschichte und bis heute steht die Publikation (...) in der MEGA aus. Der Band in der Reihe "Klassiker Auslegen" ist international der erste Versuch, das Werk als Ganzes und in seiner Widersprüchlichkeit zu thematisieren und zu kommentieren. In der "Deutschen Ideologie" betreiben Marx und Engels eine "Aufhebung bzw. Verwirklichung der Philosophie" in positiver Wissenschaft und das Werk steht im Kontext der beginnenden Ausdifferenzierung von Sozialwissenschaften aus der umfassenden praktischen Philosophie Hegels. Aus heutiger Sicht kann man dies sowohl als philosophisch inspirierte Gesellschaftstheorie begreifen, wie auch als eine politische Philosophie, deren Kern eine Kritik an der "bürgerlichen" Auffassung von Politik ist. Der Text gewährt Einblicke, in den Prozess der Formierung einer neuartigen Form von Makrotheorie, wobei sich neben dem klassentheoretisch-kollektivistischen, individualistische, philosophisch-normative und positivistische Ansätze in ihr finden. Solche Spannungen werden in den Kommentaren ausgelotet und in ihrer Widersprüchlichkeit diskutiert. Die Interpretationen entwickeln jenseits alter Frontstellungen einen frischen Blick, mit dem die Vielfalt, Anregungen und die Fallstricke und Defizite der divergierenden Ansätze, die sich in der "Deutschen Ideologie" finden lassen, prinzipiell erörtert werden. Neben den Kommentaren zu den systematischen Problemen enthält der Band Interpretationen zu den polemischen Auseinandersetzungen mit Stirner, Bruno Bauer, Feuerbach und dem "deutschen Sozialismus". Mit Beiträgen von: H. Bluhm, M. Bohlender, W. Eßbach, Ch. Hennig, G. Hindrichs, A. MacIntyre, St. Koslowski, M. Quante, K. Roth, D. Thomä, U. Tietz und Ch. Weckwerth. (shrink)
Some time after the appearance of the first issue of this journal, we are glad to announce that we have received steady feedback. This includes not only a considerable number of subscriptions, which form the material basis of every journal's existence, but also many encouraging comments. For instance, Henry Bauer, reviewing our journal in the Journal of Scientific Exploration, which he edits, asks whether he should 'welcome so formidable a competitor for some high-quality manuscripts? Of course! The search for (...) knowledge is not a zero-sum game.' This thoughtful assessment agrees precisely with our own policy. We do indeed view the competition with other journals of similar scope in terms of a fruitful complementarity rather than envious rivalry. (shrink)
L. M. de Rijk supposed in 1982 that two anonymous logical tracts in the Viennese Codex 4698, fol. 18r-27v, may be the work of Martinus Anglicus to whom a tract on consequences and one on obligations are ascribed in that codex. The tract on supposition of which the Viennese codex hands down only a fragment of the beginning is contained completely in Hs I 613 of the Stadtbibliothek Mainz, fol. 20vb-21vb. This finding ensures the authorship of Martinus Anglicus and allows (...) to ascribe an Introduction into Logic in some seven parts to him. Martin's tract on supposition and the more detailed one by Thomas Manlevelt show some resemblances in structure and content, the first being presumably the later one. This paper presents an edition of Martin's Tractatus de suppositione from the Mainz manuscript and an introduction regarding the author and his work. (shrink)
L. M. de Rijk supposed in 1982 that two anonymous logical tracts in the Viennese Codex 4698, fol. 18r-27v, may be the work of Martinus Anglicus to whom a tract on consequences and one on obligations are ascribed in that codex. The tract on supposition of which the Viennese codex hands down only a fragment of the beginning is contained completely in Hs I 613 of the Stadtbibliothek Mainz, fol. 20vb-21vb. This finding ensures the authorship of Martinus Anglicus and allows (...) to ascribe an Introduction into Logic in some seven parts to him. Martin's tract on supposition and the more detailed one by Thomas Manlevelt show some resemblances in structure and content, the first being presumably the later one. This paper presents an edition of Martin's Tractatus de suppositione from the Mainz manuscript and an introduction regarding the author and his work. (shrink)
Scepticism, a philosophical tradition that casts doubt on our ability to gain knowledge of the world and suggests suspending judgment in the face of uncertainty, has been influential since its beginnings in ancient Greece. Harald Thorsrud provides an engaging, rigorous introduction to the central themes, arguments, and general concerns of ancient Scepticism, from its beginnings with Pyrrho of Elis to the writings of Sextus Empiricus in the second century A.D. Thorsrud explores the differences among Sceptics and examines in particular (...) the separation of the Scepticism of Pyrrho from its later form—Academic Scepticism—the result of its ideas being introduced into Plato's Academy in the third century B.C. Steering an even course through the many differences of scholarly opinion surrounding Scepticism, the book also provides a balanced appraisal of the philosophy's enduring significance by showing why it remains so interesting and how ancient interpretations differ from modern ones. _Copub: Acumen Publishing Limited _. (shrink)
Following much work in linguistic theory, it is hypothesized that the language faculty has a modular structure and consists of two basic components, a lexicon of (structured) entries and a computational system of combinatorial operations to form larger linguistic expressions from lexical entries. This target article provides evidence for the dual nature of the language faculty by describing recent results of a multidisciplinary investigation of German inflection. We have examined: (1) its linguistic representation, focussing on noun plurals and verb inflection (...) (participles), (2) processes involved in the way adults produce and comprehend inflected words, (3) brain potentials generated during the processing of inflected words, and (4) the way children acquire and use inflection. It will be shown that the evidence from all these sources converges and supports the distinction between lexical entries and combinatorial operations. (shrink)
The present work is aimed at filling a hiatus in the literature dealing with the Young Hegelians and the early thought of Karl Marx. Despite the prevalent view in the past few decades that Bruno Bauer played an important part in the radical activity of Hegel's young disciples in the eighteen forties in Germany, no comprehensive work has so far been published on the relations between Bauer and Marx. In 1927 Ernst Bar nikol promised to write a monograph (...) on the subject, but he never did. For the purpose of this study I perused material in numerous library collections and I would like to express my gratitude to the staff of the following institutions: Tel Aviv University Library, the Library and Archive of the International Institute of Social History in Am sterdam, the Heidelberg University Library, the Library of Gottingen University, the Tiibingen University Library, Frankfurt University Library, the State Library at Marburg, the Manuscript Department of the State Archives in Berlin. (shrink)
This essay argues that Oscar Wilde noticeably contributed to the emerging discourse about world literature, even though his views in this regard have to be unearthed from the margins of his works, from his early and unpublished American lectures and ‘between the lines’ of his major critical essays. Wilde’s implicit ideas around world literature can be understood as being closely related to his broader endeavour of redirecting and revaluing the pejorative discourse around ‘decadence’ in art and literature. More specifically, the (...) arch-aesthete preferred to use the word ‘romance’ rather than ‘decadence’, signalling a sensitivity attuned to what he called the ‘love of things impossible’. This reconceptualization of the decadent outlook was to inspire a critical ideal of literature which relied on creatively activating the other as Other, culminating in a vision of intersubjective, transcultural and unlimited literary communication. Wilde’s thought can be more specifically understood as anticipating central tenets of Gayatri Chakravorty Spivak’s evocations of the planetary, thus preparing the way for an alterity-oriented understanding of literary cosmopolitanism. (shrink)
Harald Thorsrud - Cicero on his Academic Predecessors: the Fallibilism of Arcesilaus and Carneades - Journal of the History of Philosophy 40:1 Journal of the History of Philosophy 40.1 1-18 Cicero on his Academic Predecessors: the Fallibilism of Arcesilaus and Carneades Harald Thorsrud IN AN IMPORTANT PAPER, Couissin argued for what has come to be called the dialectical interpretation of Academic skepticism. On this interpretation, Arcesilaus and Carneades practiced the same, purely dialectical method -- they would elicit assent (...) to premises characteristic of their interlocutor's position and then derive unacceptable consequences exclusively on the basis of those premises. This method allowed them to remain uncommitted to the premises as well as the conclusions of their arguments. They would simply draw logical consequences from their opponents' own premises for the sake of refutation. This is in keeping with the current consensus that an ancient skeptic is one who has no beliefs, or at least no beliefs of a problematically dogmatic sort. Consequently, the methods of ancient skeptics, including Academic skeptics, are thought to be strictly negative, seeking only the elimination of belief. So when we come to Cicero's Philonian version of Academic methodology and find that it explicitly includes provisions for the acquisition of fallible beliefs, it is no surprise that commentators who are sympathetic to the dialectical interpretation tend to view.. (shrink)
Einstein, Descartes, Locke, Bohr, Rorty, Berkeley, Hume, Kant -magical names When we step on an airplane, turn the key in the ignition, or switch on an air conditioner we - not just academicians - all agree that the ideas of these far-sighted sages of the Enlightenment and Modernism saved us from the Medieval life. But, as the author shows, if we fully accept their ideas a drastic change in our world-view ensues. Fred Bauer has been examining the great minds (...) for many years, and in easily understood terms gives us a surely amazing Grand Unifying Theory. Of course, he gives ample reasons why we each have to choose for ourselves - rejecting or accepting concepts. In any case, The Wonderful Myth Called Science poses an exciting and at times an emotionally challenging exploration of science and living. (shrink)
The concepts of complementarity and entanglement are considered with respect to their significance in and beyond physics. A formally generalized, weak version of quantum theory, more general than ordinary quantum theory of physical systems, is outlined and tentatively applied to two examples.
Much in Responsible Research and Innovation is part of a participatory turn within the Technology Assessment and Science and Technology Studies community. This has an influence also on the evaluation of Climate Engineering options, as it will be shown by reference to the SPICE project. The SPICE example and the call for democratisation of science and innovation raise some interesting concerns for the normative evaluation of CE options that will be addressed in the paper. It is by far not clear, (...) or so it will be argued, how much of the innovation process of CE technologies should be put in the hands of social actors and the wider public. This is due not only to special features about CE technologies but also to some more principle concerns against some features of participatory RRI approaches. Still, this does by no way mean that ethical and societal issues in the context of CE technologies should be ignored. Rather, the paper will argue that one can take a step back to expert TA linked to the evolution of approaches of ethical impact analysis in this area. This does not only lead to reconsider the emphasis on participation and democratisation of research and innovation, but also opens up for an alternative evaluative framework for CE technologies developed in the last part of the paper. (shrink)
It is widely accepted that consciousness or, more generally, mental activity is in some way correlated to the behavior of the material brain. Since quantum theory is the most fundamental theory of matter that is currently available, it is a legitimate question to ask whether quantum theory can help us to understand consciousness. Several approaches answering this question affirmatively, proposed in recent decades, will be surveyed. It will be pointed out that they make different epistemological assumptions, refer to different neurophysiological (...) levels of description, and use quantum theory in different ways. For each of the approaches discussed, problematic and promising features will be equally highlighted. (shrink)
Science is always presupposing some basic concepts that are held to be useful. These absolute presuppositions (Collingwood) are rarely debated and form the framework for what has been termed paradigm by Kuhn. Our currently accepted scientific model is predicated on a set of presuppositions that have difficulty accommodating holistic structures and relationships and are not geared towards incorporating non-local correlations. Since the theoretical models we hold also determine what we perceive and take as scientifically viable, it is important to look (...) for an alternative model that can deal with holistic relationships. One approach is to generalise algebraic quantum theory, which is an inherently holistic framework, into a generic model. Relaxing some restrictions and definitions from quantum theory proper yields an axiomatic framework that can be applied to any type of system. Most importantly, it keeps the core of the quantum theoretical formalism. It is capable of handling complementary observables, i.e. descriptors which are non-commuting, incompatible and yet collectively required to fully describe certain situations. It also predicts a generalised form of non-local correlations that in quantum theory are known as entanglement. This generalised version is not quantum entanglement but an analogue form of holistic, non-local connectedness of elements within systems, predicted to occur whenever elements within systems are described by observables which are complementary to the description of the whole system. While a considerable body of circumstantial evidence supports the plausibility of the model, we are not yet in a position to use it for clear cut predictions that could be experimentally falsified. The series of papers offered in this special issue are the beginning of what we hope will become a rich scientific debate. (shrink)
Normative characterization is a commonplace feature of biological and cognitive explanation. Such language seems to commit the biological and cognitive sciences to the existence of natural norms, but it is also difficult to understand how such normativity fits into a natural world of physical causes and forces. I propose to map normativity onto systems stabilized by counteractive constraints. Such a mapping, I believe, can explain normativity's causal-explanatory role in biological and cognitive inquiry. The common approach in the literature is to (...) derive an account of natural normativity by way of a particular theory of function. I avoid that approach here and attempt to address directly the sort of physical systems that might satisfy naturalizing criteria for normativity. This has the advantages, I think, of allowing an account of normativity without first having to decide the correct theory of function as well as allowing for the theoretical possibility that normative and functional explanation might come apart within empirical explanation. (shrink)
The success of medicine in the treatment of patients brings with it new challenges. More people live on to suffer from functional, chronic or multifactorial diseases, and this has led to calls for more complex analyses of the causal determinants of health and illness. Philosophical analysis of background assumptions of the current paradigmatic model. While these factors do not require a radical paradigm shift, they do give us cause to develop a new narrative, to add to existing narratives that frame (...) our thinking about medical care. In this paper we argue that the increased focus on lifestyle and shared decision making requires a new narrative of agency, to supplement the narrative of “the patient”. This narrative is conceptually linked to the developing philosophy of person-centred care. If patients are seen also as “agents” this will result in a substantial shift in practical decisions: The development and adoption of this narrative will help practitioners work with patients to their mutual benefit, harnessing the patients’ motivation, shifting the focus from treatment to prevention and preventing unnecessary and harmful treatments that can come out of our preoccupation with the patient narrative. It will also help to shift research efforts, conceptual and empirical, from “treating” and “battling” diseases and their purported “mechanisms” to understanding complex contributing factors and their interplay. (shrink)
Withholding or withdrawing life-saving ventilators can become necessary when resources are insufficient. In the USA, such rationing has unique social justice dimensions. Structural elements of dominant allocation frameworks simultaneously advantage white communities, and disadvantage Black communities—who already experience a disproportionate burden of COVID-19-related job losses, hospitalisations and mortality. Using the example of New Jersey’s Crisis Standard of Care policy, we describe how dominant rationing guidance compounds for many Black patients prior unfair structural disadvantage, chiefly due to the way creatinine and (...) life expectancy are typically considered.We outline six possible policy options towards a more just approach: improving diversity in decision processes, adjusting creatinine scores, replacing creatinine, dropping creatinine, finding alternative measures, adding equity weights and rejecting the dominant model altogether. We also contrast these options with making no changes, which is not a neutral default, but in separate need of justification, despite a prominent claim that it is simply based on ‘objective medical knowledge’. In the regrettable absence of fair federal guidance, hospital and state-level policymakers should reflect on which of these, or further options, seem feasible and justifiable.Irrespective of which approach is taken, all guidance should be supplemented with a monitoring and reporting requirement on possible disparate impacts. The hope that we will be able to continue to avoid rationing ventilators must not stand in the way of revising guidance in a way that better promotes health equity and racial justice, both to be prepared, and given the significant expressive value of ventilator guidance. (shrink)
Recently some bioethicists and neuroscientists have argued for an imperative of chemical cognitive enhancement. This imperative is usually based on consequentialist grounds. In this paper, the topic of cognitive self-enhancement is discussed from a Kantian point of view in order to shed new light on the controversial debate. With Kant, it is an imperfect duty to oneself to strive for perfecting one’s own natural and moral capacities beyond one’s natural condition, but there is no duty to enhance others. A Kantian (...) approach does not directly lead to a duty of chemical cognitive self-enhancement, but it also does not clearly rule out that this type of enhancement can be an appropriate means to the end of self-improvement. The paper shows the benefits of a Kantian view, which offers a consistent ideal of self-perfection and teaches us a lesson about the crucial relevance of the attitude that underlies one’s striving for cognitive self-improvement: the lesson of treating oneself as an end in itself and not as mere means to the end of better output. (shrink)
Abstract Not much scholarly work is needed in order to stumble across many passages where Edmund Husserl seems to advocate an anti-realist attitude towards the natural sciences. This tendency, however, is not well-received within the secondary literature. While some commentators criticize Husserl for his alleged scientific anti-realism, others argue that Husserl's position is much more realist than the first impression indicates. It is against this background that I want to argue for the following theses: a) The basic outlook of Husserl's (...) epistemology as well as his more substantial comments regarding the natural sciences indeed result in a (sophisticated version of) scientific anti-realism which bears certain resemblances to Bas van Fraassen's constructive empiricism; b) This scientific anti-realism can be defended against the two most common objections raised in the secondary literature; c) It is only by means of this sophisticated version of scientific anti-realism that phenomenology can circumvent the problem of ?scientific objectivism? (shrink)
Bioscientists generate far more data than their minds can handle, and this trend is likely to continue. With the aid of a small set of versatile tools for mathematical modeling and statistical assessment, bioscientists can explore their real-world systems without experiencing data overflow. This article outlines an approach for combining modern high-throughput, low-cost, but non-selective biospectroscopy measurements with soft, multivariate biochemometrics data modeling to overview complex systems, test hypotheses, and making new discoveries. From preliminary, broad hypotheses and goals, many relevant (...) samples are selected and measured with respect to many informative variables. The resulting tables represent a “cacophony” of data. From these, the most relevant and reliable “underlying harmonies and rhythms” are extracted and tested statistically, displayed for interpretation, and used for prediction. Outliers are detected automatically. Interesting subsets of samples can then be chosen for in-depth analyses in subsequent research cycles. This pragmatic, top-down approach takes advantage of developments in both “soft,” data-driven modeling and “hard,” knowledge-driven cultures. Data analytical examples show how information-rich biospectroscopy can be used for characterizing and quantifying known and unknown chemical constituents and physical phenomena in intact biosamples. This is based on a combination of deductive “hard” and inductive “soft” modeling. The examples represent NIR spectra of biochemical mixtures, FTIR spectra of a microbiological fermentation process, and FTIR analysis of fatty acids in milk for functional genomics. (shrink)
In the past decade, digital technology, fiber optics, cellular phones, satellite television, home computers, and the Internet have substantially transformed business, education, and leisure practices. These technologies are becoming so integrated into our daily routines that their ubiquity often goes unnoticed. We are, nonetheless, in the midst of a telecommunications revolution, and the healthcare industry is becoming a major player. The burgeoning field of home-based telemedicine is evidence of this.
BackgroundThe success of medicine in the treatment of patients brings with it new challenges. More people live on to suffer from functional, chronic or multifactorial diseases, and this has led to calls for more complex analyses of the causal determinants of health and illness.MethodsPhilosophical analysis of background assumptions of the current paradigmatic model.ResultsWhile these factors do not require a radical paradigm shift, they do give us cause to develop a new narrative, to add to existing narratives that frame our thinking (...) about medical care. In this paper we argue that the increased focus on lifestyle and shared decision making requires a new narrative of agency, to supplement the narrative of “the patient”. This narrative is conceptually linked to the developing philosophy of person-centred care.ConclusionsIf patients are seen also as “agents” this will result in a substantial shift in practical decisions: The development and adoption of this narrative will help practitioners work with patients to their mutual benefit, harnessing the patients’ motivation, shifting the focus from treatment to prevention and preventing unnecessary and harmful treatments that can come out of our preoccupation with the patient narrative. It will also help to shift research efforts, conceptual and empirical, from “treating” and “battling” diseases and their purported “mechanisms” to understanding complex contributing factors and their interplay. (shrink)
A novel conceptual framework for theoretical psychology is presented and illustrated for the example of bistable perception. A basic formal feature of this framework is the non-commutativity of operations acting on mental states. A corresponding model for the bistable perception of ambiguous stimuli, the Necker–Zeno model, is sketched and some empirical evidence for it so far is described. It is discussed how a temporal non-locality of mental states, predicted by the model, can be understood and tested.
The following discussion aims to illuminate further the way in which morphologically complex words are represented in the mental lexicon. It is argued that the dual-mechanism model can accommodate the linguistic and psycholinguistic evidence currently available, not only on German inflection (as pointed out in the target article) but also on other languages (as presented in several commentaries). Associative single-mechanism models of inflection, on the other hand, provide only partial accounts.
Dual-aspect monism and neutral monism offer interesting alternatives to mainstream positions concerning the mind-matter problem. Both assume a domain underlying the mind-matter distinction, but they also differ in definitive ways. In the twentieth century, variants of both positions have been advanced by a number of protagonists. One of these variants, the dual-aspect monism due toWolfgang Pauli and Carl Gustav Jung, will be described and commented on in detail. As a unique feature in the Pauli-Jung conception, the duality of mental and (...) material aspects is specified in terms of a complementarity. This sounds innocent, but entails a number of peculiarities distinguishing their conjecture from other approaches. (shrink)
This article explores the role of financial markets for sustainable development. More specifically, the authors ask to what extent financial markets foster and facilitate more sustainable business practices. The authors highlight that their current role is rather modest and conclude that, on the old paths, a paradoxical situation exists. On one hand, financial market participants increasingly integrate environmental, social, and governance criteria into their investment decisions, whereas on the other hand, in terms of organizational reality, there seems to be no (...) real shift toward more sustainable business practices. The authors identify two main challenges within the field of sustainable investments that are relevant for entering new avenues that may help overcome this situation. First, a reorientation toward a long-term paradigm for sustainable investments is important. Second, ESG data must become more trustworthy. From a theoretical point of view, the authors finally highlight the potential market consequences when ESG investment criteria are used. (shrink)