Financial internationalization leads to similar fluctuations and spillover effects in financial markets around the world, resulting in cross-border financial risks. This study examines comovements across G20 international stock markets while considering the volatility similarity and spillover effects. We provide a new approach using an ICA- based ARMA-APARCH-M model to shed light on whether there are spillover effects among G20 stock markets with similar dynamics. Specifically, we first identify which G20 stock markets have similar volatility features using a fuzzy C-means time (...) series clustering method and then investigate the dominant source of volatility spillovers using the ICA-based ARMA-APARCH-M model. The evidence has shown that the ICA method can more accurately capture market comovements with nonnormal distributions of the financial time series data by transforming the multivariate time series into statistically independent components. Our findings indicate that the G20 stock markets are clustered into three categories according to volatility similarity. There are spillover effects in stock market comovements of each group and the dominant source can be identified. This study has important implications for investors in international financial markets and for policymakers in G20 countries. (shrink)

Emotion has a substantial influence on the cognitive processes in humans, including perception, attention, learning, memory, reasoning, and problem solving. Emotion has a particularly strong influence on attention, especially modulating the selectivity of attention as well as motivating action and behavior. This attentional and executive control is intimately linked to learning processes, as intrinsically limited attentional capacities are better focused on relevant information. Emotion also facilitates encoding and helps retrieval of information efficiently. However, the effects of emotion on learning and (...) memory are not always univalent, as studies have reported that emotion either enhances or impairs learning and long-term memory retention, depending on a range of factors. Recent neuroimaging findings have indicated that the amygdala and prefrontal cortex cooperate with the medial temporal lobe in an integrated manner that affords (i) the amygdala modulating memory consolidation; (ii) the prefrontal cortex mediating memory encoding and formation; and (iii) the hippocampus for successful learning and long-term memory retention. We also review the nested hierarchies of circular emotional control and cognitive regulation (bottom-up and top-down influences) within the brain to achieve optimal integration of emotional and cognitive processing. This review highlights a basic evolutionary approach to emotion to understand the effects of emotion on learning and memory and the functional roles played by various brain regions and their mutual interactions in relation to emotional processing. We also summarize the current state of knowledge on the impact of emotion on memory and map implications for educational settings. In addition to elucidating the memory-enhancing effects of emotion, neuroimaging findings extend our understanding of emotional influences on learning and memory processes; this knowledge may be useful for the design of effective educational curricula to provide a conducive learning environment for both traditional “live” learning in classrooms and “virtual” learning through online-based educational technologies. (shrink)

The New Rhetoric is founded on the idea that since "argumentation aims at securing the adherence of those to whom it is addressed, it is, in its entirety, relative to the audience to be influenced," says Chaïm Perelman and L. Olbrechts-Tyteca, and they rely, in particular, for their theory of argumentation on the twin concepts of universal and particular audiences: while every argument is directed to a specific individual or group, the orator decides what information and what approaches will achieve (...) the greatest adherence according to an ideal audience. This ideal, Perelman explains, can be embodied, for example, in God, in all reasonable and competent men, in the man deliberating or in an elite." Like particular audiences, then, the universal audience is never fixed or absolute but depends on the orator, the content and goals of the argument, and the particular audience to whom the argument is addressed. These considerations determine what information constitutes facts and reasonableness and thus help to determine the universal audience that, in turn, shapes the orator's approach. The adherence of an audience is also determined by the orator's use of values, a further key concept of the New Rhetoric. Perelman's treatment of value and his view of epideictic rhetoric sets his approach apart from that of the ancients and of Aristotle in particular. Aristotle's division of rhetoric into three genres-forensic, deliberative, and epideictic-is largely motivated by the judgments required for each: forensic or legal arguments require verdicts on past action, deliberative or political rhetoric seeks judgment on future action, and epideictic or ceremonial rhetoric concerns values associated with praise or blame and seeks no specific decisions. For Aristotle, the epideictic genre was of limited importance in the civic realm since it did not concern facts or policies. Perelman, in contrast, believes not only that epideictic rhetoric warrants more attention, but that the values normally limited to that genre are in fact central to all argumentation. Epideictic oratory, Perelman argues, has significant and important argumentation for strengthening the disposition toward action by increasing adherence to the values it lauds." These values are central to the persuasiveness of arguments in all rhetorical genres since the orator always attempts to establish a sense of communion centered around particular values recognized by the audience.". (shrink)

Colour synaesthesia is the mental experience involving a strong association between specific colours and specific auditory stimuli, such as words, or achromatic visual stimuli, such as numerals or letters. In the contemporary literature on colour synaesthesia, the majority view treats the phenomenon as one arising from some of the same neural events mediating colour perception triggered by genuinely coloured objects; this view that synaesthesia is perceptually based, however, is not universally endorsed. What strategies have been utilized to evaluate the perceptual (...) reality of colour synaesthesia, and what is the evidence produced by those strategies? This chapter tackles those questions within the context of colour graphemic synaesthesia, the most widely studied form of synaesthesia. We divide the research strategies into those employing behavioral measures to assess whether synaesthetia influences performance on tasks known to be sensitive stimulus colour and those employing indirect measures that use physiological responses as proxies for colour perception. Our chapter concludes that there is sufficient justification for the belief in the perceptual reality of colour grapheme synaesthesia. At the same time, we applaud those who remain disbelievers, for their skepticism has underscored the logical issues surrounding research on this question. (shrink)

Volume 46, Issue 6, November 2020, Page 658-675.

Wei-Jin period is characterized by neo-Daoism ( xuanxue 玄學), and J I Kang lived in the midst of this philosophical exploration. Adopting the naturalism of the Zhuangzi , J i Kang expressed his socio-political concerns through the medium of music, which was previously regarded as having moral bearing and rectitude. Denying such rectitude became central for J i Kang, who claimed that music was incapable of possessing human emotion, releasing it from the chains of Confucian ritualism. His investigation into the (...) name and reality of musical expression gave music an “aesthetic turn” lacking in Qin and early Han thought, and by making use of concepts such as natural harmony and spontaneity, J i Kang was able to turn away from the negative aesthetics of earlier thinkers such as H e Yan and W ang Bi to one cherishing the naturalism espoused by Zhuangzi. (shrink)

Recent years have seen an increased turning to the “wisdom of the East” when addressing issues on the environment. The risk of misappropriating its tenets in order to make them conform to the Western system is extremely high however. This paper will lay bare the early texts of Daoism so as to disprove claims that Nature is mystical, antithetical to technology, and subservient to human consciousness. It shall argue that Nature not only arises from a non-anthropocentric source in Dao but (...) that this arising takes place across three levels of reality: Dao’s mystery, the cosmogony of the One-and-Many, and the fourfold comprised of Dao, Heaven, Earth, and man. The result is a vision of Nature no longer bound to a singular actuality but one whose presence is felt across an endless range of possibilities as the substantive realization of Dao. (shrink)

"In 'Justice', the result of many years' thoughtful exploration of that subject, Professor Perelman explains the conceptual origins of justice (both social and historical) and discusses the relationships between justice and justification, between justice and reason, and between reason and values. He considers the matter of a core of meaning, common to all, concerning the concept of justice, and raises essential questions such as why do people disagree about the problems of justice and whether a difference exists between a political (...) conception and a philosophical conception of justice."--Cover. (shrink)

The rearrangement inequality states that the sum of products of permutations of 2 sequences of real numbers are maximized when the terms are similarly ordered and minimized when the terms are ordered in opposite order. We show that similar inequalities exist in algebras of multi-valued logic when the multiplication and addition operations are replaced with various T-norms and T-conorms respectively. For instance, we show that the rearrangement inequality holds when the T-norms and T-conorms are derived from Archimedean copulas.

Modem neo-Confucianism is studied at two levels, one is at the historical level and the other at the academic level. Modern neo-Confucianism at the historical level was developed in the modern context, but its basic content belongs to the traditional Confucianism or the study of Confucian classics. Modem neo-Confucianism at the academic level recognizes both the deficiencies of the traditional Confucianism and rationality of western learning, and dedicates itself to the modernization of Confucianism. Though Ma Yifu's moral philosophy is developed (...) in the context of modem Chinese culture, it fails to deal with the problem of modern transformation of Confucian ethical values and its content still belongs to the traditional Confucianism. So it should be labeled as the modern neo-Confucianism in the historical sense. In this paper, the author makes a systematic exploration and an evaluation of Ma Yifu's ethical thought. (shrink)

Macek (2004) highlighted a typology of current concepts of cyberculture. Four different concepts were identified, which are spans utopian, information, anthropological and epistemological concepts of cyberculture. Macek (2004) also highlighted four different periods of the cyberculture and its impacts on netizen. The very first foundations of cyberculture originate at the Massachusetts Institute of Technology (M.I.T.) at the turn of the 1950s and the 1960s. Early cyberculture reached its peak in the late 1970s and in the 1980s. Early cyberculture originates in (...) the American hackers’ subcultures. The second period of cyberculture can be broadly set to the 1970s and the beginning of the 1980s. The beginning of the third period was characterised by a significant transformation at all the levels of early cyberculture, a shift that was related to the accelerated spread of microcomputers and to the development of public computer networks. This fourth period begins at the end of the 1980s and ends in about the middle of the 1990s. (shrink)

The main objective of this article is to analyse the dark side of customer analytics and the ethics issues in the retailing industry. Ethics-related issues in retailing began to be discussed and studied primarily in the 1960s. The rising interest in ethical issues in retailing is in line with social concerns and consumer awareness, especially in the 1970s and 1980s. The use of big data in customer analytics is one of the most strategic weapons in the competitive retail environment, especially (...) in terms of systematic examination of customers’ buying behaviour, trend, and pattern will be used to help make business decisions via market segmentation and predictive analytics. The dark side of customer analytics in retailing is mainly related to security and privacy, incentives, risks, data sharing management, and data vulnerabilities that ultimately erode customer confidence and satisfaction level. (shrink)

Explores the cosmological and metaphysical thought in the Zhuangzi from the perspective of nothingness. Zhuangzi and the Becoming of Nothingness offers a radical rereading of the Daoist classic Zhuangzi by bringing to light the role of nothingness in grounding the cosmological and metaphysical aspects of its thought. Through a careful analysis of the text and its appended commentaries, David Chai reveals not only how nothingness physically enriches the myriad things of the world, but also why the Zhuangzi prefers nothingness (...) over being as a means to expound the authentic way of Dao. Chai weaves together Dao, nothingness, and being in order to reassess the nature and significance of Daoist philosophy, both within its own historical milieu and for modern readers interested in applying the principles of Daoism to their own lived experiences. Chai concludes that nothingness is neither a nihilistic force nor an existential threat; instead, it is a vital component of Dao’s creative power and the life-praxis of the sage. “Chai provides an elaborate philosophical meontological interpretation of the ontology/cosmology found in the Zhuangzi and the implications for existential practice. It’s a close, careful, but in many respects quite original reading of the classic that contributes significantly to the field of philosophical Daoist studies.” — Geir Sigurðsson, author of Confucian Propriety and Ritual Learning: A Philosophical Interpretation. (shrink)

This paper relocates the philosophical discourse on the Thing (das Ding) to the world of classical Daoism. In doing so, it explores the bond between the One, the Thing and its signifier before discussing how the Thing unveils itself to the world while receiving the gift of nothingness from Dao. It furthermore contends that the two most prominent discussions of the Thing in the Western tradition--those by Heidegger and Lacan--while philosophically valuable in their own right, fail to provide the degree (...) of profundity seen via a Daoist reading. What will become apparent is that the Thing qua the One serves to delineate the cosmological and human realms of reality, negating any inclination one might have of it as being anything but mystical. (shrink)

This paper introduces the concept of nothingness as used in classical Daoist philosophy, building upon contemporary scholarship by offering a uniquely phenomenological reading of the term. It will be argued that the Chinese word wu bears upon two planes of reality concurrently: as ontological nothingness and as ontic nonbeing. Presenting wu in this dyadic manner is essential if we wish to avoid equating it with Dao itself, as many have been wont to do; rather, wu is the mystery that perpetually (...) veils Dao while serving as the root and counter‐balance to being, and yet, Dao also imbues things with wu to the extant that their physical makeup and usefulness, or lack thereof, can be traced back to their source in Dao. This does not only mean that Daoist cosmogony and metaphysics are inherently informed by nothingness/nonbeing instead of being/beings but that it works to unground all moral and epistemological norms in play, a feat no other school of thought in ancient China could accomplish. (shrink)

This study investigated the internal mechanism of the relationship between primary school students’ peer relationships and their performance in the Chinese language and literature. We constructed a chain mediation model, focused on the mediation effects of parental involvement and the sense of autonomy, on the correlation between peer relationships and performance in Chinese language scores. A questionnaire survey was conducted among 1,503 students in grades 4–6, and their parents, in three cities in Jiangsu Province. The result indicated the following: there (...) was a significant positive correlation between primary school students’ peer relationships, parental involvement, sense of autonomy, and the level of Chinese language scores; parental involvement and the sense of autonomy, respectively, mediate the relationship between peer relationships and Chinese language scores; primary school students’ parental involvement and sense of autonomy play a chain-like mediating role in the relationship between their peer relationships and Chinese language scores. The research results provide a reference for exploring the educational strategies of primary school students’ Chinese literacy. (shrink)

Liu, Xiaogan 劉笑敢 et. al., eds., Chinese Philosophy and Culture : Confucian Studies of Ming-Qing Period 中國哲學與文化: 明清儒學研究 Content Type Journal Article Pages 117-121 DOI 10.1007/s11712-010-9203-0 Authors Shaojin Chai, Department of Political Science, University of Notre Dame, 217 O’Shaughnessay Hall, Notre Dame, IN 46556, USA Journal Dao Online ISSN 1569-7274 Print ISSN 1540-3009 Journal Volume Volume 10 Journal Issue Volume 10, Number 1.

This is the first English-language book on the philosophy of Ji Kang. Moreover, it offers the first systematic treatment of his philosophy, thus filling a significant gap in English-language scholarship on early medieval Chinese literature and philosophy. David Chai brings to light Ji Kang's Neo-Daoist heritage and explores the themes in his writings that were derived from classical Daoism, most notably the need for humanity to return to a more harmonious co-existence with Nature to further our own self-understanding. His (...) analysis is unique in that it balances translation and annotation with expositing the creative philosophizing of Neo-Daoism. Chai analyzes the entirety of Ji Kang's essays, exploring his philosophical reflections on music, aesthetics, ethics, self-cultivation, and fate. Reading Ji Kang/s Essays will be of interest to scholars and students of Chinese philosophy and literature. It offers the first comprehensive philosophical examination of a heretofore neglected figure in Neo-Daoism. (shrink)

East Asian imagery resonates throughout Martin Heidegger's writings. In this exploration of the connections between Daoism and his thought, an international team of scholars consider why the Daodejing and Zhuangzi were texts he returned to repeatedly and the extent Heidegger adhered to Daoism's core doctrines. They discuss how Daoist thought provided him with a new perspective, equipping him with images, concepts, and meanings that enabled him to continue his questioning of the nature of being. Exploring the environment, language, death, temporality, (...) aesthetics, and race from the groundlessness of non-being, oneness, and the Way, they illustrate how these themes reverberate with ontological, spiritual, and epistemological potential. A lesson in the art of Daoist and cross-cultural ways of thinking, this collection marks the first sustained analysis of the influence of classical Daoism on a major 20th-century German philosopher. (shrink)