This paper uses the bankruptcy proceedings for Enron to discuss the role of financial institutions in business transactions. Using recent work by Dixit a business transaction is portrayed as a prisoners' dilemma problem between competing firms. The financial institution's role in this world is to provide information and enforce contracts so that the parties to the business deal act cooperatively. This role is recognized in the law under the heading of Fiduciary Responsibility. In the Enron case the bankruptcy examiner has (...) argued that the Tier 1 financial institutions for Enron failed to carry out their fiduciary responsibility. As a result, the examiner has asked a fact finder to subordinate the claims of the Tier 1 financial institutions to other debt holders for Enron. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:332 BOOK REVIEWS toral inventions (such as basic Christian communities), and the religious backgrounds of millions who help to make up the churches, Catholic and Protestant, of the United States. Providence College Providence, RI EDWARD L. CLEARY, O.P. Springs of Action: Understanding Intentional Behavior. By ALFRED R. MELE. New York and Oxford: Oxford University Press, 1992. Pp. 272 + ix. $39.95 (cloth). Alfred Mele's overarching aim in this book (...) is to offer an account of the role of intentions in the explanation of intentional action. He works within the familiar terms of causal theories of action, and is particularly indebted to Donald Davidson. In Part I, Mele borrows a set of theses from Davidson's desire/belief model of intentional action, and in the process of addressing problems associated with these theses, he progressively refines an account of action that understands an agent's reasons to have explanatory force by virtue of being among the causes of action. In Part II, Mele argues that desire/belief models are insufficient as they stand and need to be filled out by recognizing that intentions provide a crucial link between reasons and actions. The discussion begins with the vexed question of how the content of mental states can be relevant to the causal explanation of action. We constantly appeal to our desires, beliefs, plans, and so on (i.e., to various propositional, or intentional, attitudes) in explaining our behavior. But how does, say, my appetite for good wine and my belief that the house chardonnay is such a wine figure in the causal order that brings about my act of ordering a glass of it? Presumably, these intentional states supervene upon certain physical states of my body, and the latter do the causal work of producing wine-ordering behavior. However, there are good reasons to think that, with certain sorts of changes in my history and environment (viz., of the sort described in twin earth thought experiments), these physical states could be the realization of different intentional states. So can a causal theory of action actually accord my desires and beliefs any role in explaining my action? Mele argues that even if we hold (with externalists) that the agent's history and environment help to fix the content of her intentional states, we can nonetheless say that unless the agent had intended what she did, she would not have acted as she did. The behavior is intentional action by virtue of issuing (in the right way) from physical processes BOOK REVIEWS 333 that realize the agent's reasons for acting, and these processes realize these reasons only if the processes have an appropriate causal history. The result is that what we desire, believe, and intend does after all make a systematic difference in what we do. Mele makes some helpful refinements in the standard account of the causal role of desire in intentional action. It has typically been claimed that when an agent's wants compete, the "strongest" of them deter· mines the action; if an agent wants to do A more than anything else that she takes herself to be able to do, then if she acts intentionally she will do A. Mele points out that this general claim must be qualified so as to index desires to times, to accommodate both unsuccessful at· tempts and the agent's estimates of the likelihood of success, and to deal with the complex relations between desires. He explores the way in which agents are able to control the motivational strength of their desires, and he works out a definition of irresistible desire. One of the deepest challenges to the claim that action is caused by what we most desire arises in considering "motivational ties." How, on this account, is intentional action possible when we equally desire each of two incompatible alternatives? An arbitrary decision procedure can be adopted (e.g., a coin toss), but this alone does not en· hance the attractiveness of the randomly selected alternative. Here Mele introduces his thesis about intentions: viz., that intentions have an "executive quality that is not reducible to desire-strength" (p. 72), so that even when there is no preponderant motivation to do A... (shrink)

Existing research suggests that people's judgments of actual causation can be influenced by the degree to which they regard certain events as normal. We develop an explanation for this phenomenon that draws on standard tools from the literature on graphical causal models and, in particular, on the idea of probabilistic sampling. Using these tools, we propose a new measure of actual causal strength. This measure accurately captures three effects of normality on causal judgment that have been observed in existing studies. (...) More importantly, the measure predicts a new effect ("abnormal deflation"). Two studies show that people's judgments do, in fact, show this new effect. Taken together, the patterns of people's causal judgments thereby provide support for the proposed explanation. (shrink)

Everything about us today tells us that we live in a world which will be increasingly dominated by empirical and theoretic science. This is the world in which the Church lives and proclaims its message about Jesus Christ. It is not an alien world, for it is in this world of space and time that God has planted us. He made the universe and endowed man with gifts to investigate and understand it. Just as he made life to produce itself, (...) so he has made the universe with man as an essential constituent in it, that it may bring forth and articulate knowledge of itself. Regarded in this light the pursuit of science is one of the ways in which man exercises the dominion in the earth which he was given at his creation. That is how, for example, Francis Bacon understood the work of human science, as man's obedience to God. Science is a religious duty, while man as scientist can be spoken of as the priest of creation , whose task it is to interpret the books of nature, to understand the universe in its wonderful structures and harmonies, and to bring it all into orderly articulation, so that it fulfils its proper end as the vast theatre of glory in which the creator is worshipped and praised. Nature itself is dumb, but it is man's part to bring it to word, to be its mouth through which the whole universe gives voice to the glory and majesty of the living God. (shrink)

While Bayesian models have been applied to an impressive range of cognitive phenomena, methodological challenges have been leveled concerning their role in the program of rational analysis. The focus of the current article is on computational impediments to probabilistic inference and related puzzles about empirical confirmation of these models. The proposal is to rethink the role of Bayesian methods in rational analysis, to adopt an independently motivated notion of rationality appropriate for computationally bounded agents, and to explore broad conditions under (...) which Bayesian agents would be rational. The proposal is illustrated with a characterization of costs inspired by thermodynamics. (shrink)

The reaction to Darwin's Origin of Species varied in many countries according to the roles played by national scientific institutions and traditions and the attitudes of religious and political groups. The contributors to this volume, including M. J. S. Hodge, David Hull, and Roberto Moreno, gathered in 1972 at an international conference on the comparative reception of Darwinism. Their essays look at early pro- and anti-Darwinism arguments, and three additional comparative essays and appendices add a larger perspective. For this paperback (...) edition, Thomas F. Glick has added a new preface commenting on recent research. (shrink)

We present a formal, mathematical model of argument structure and evaluation, taking seriously the procedural and dialogical aspects of argumentation. The model applies proof standards to determine the acceptability of statements on an issue-by-issue basis. The model uses different types of premises (ordinary premises, assumptions and exceptions) and information about the dialectical status of statements (stated, questioned, accepted or rejected) to allow the burden of proof to be allocated to the proponent or the respondent, as appropriate, for each premise separately. (...) Our approach allows the burden of proof for a premise to be assigned to a different party than the one who has the burden of proving the conclusion of the argument, and also to change the burden of proof or applicable proof standard as the dialogue progresses from stage to stage. Useful for modeling legal dialogues, the burden of production and burden of persuasion can be handled separately, with a different responsible party and applicable proof standard for each. Carneades enables critical questions of argumentation schemes to be modeled as additional premises, using premise types to capture the varying effect on the burden of proof of different kinds of questions. (shrink)

Theories of rational decision making often abstract away from computational and other resource limitations faced by real agents. An alternative approach known as resource rationality puts such matters front and center, grounding choice and decision in the rational use of finite resources. Anticipated by earlier work in economics and in computer science, this approach has recently seen rapid development and application in the cognitive sciences. Here, the theory of rationality plays a dual role, both as a framework for normative assessment (...) and as a source of scientific hypotheses about how mental processes in fact work. The latter project, often called rational analysis, depends for its success on a fine-grained characterization of the computational problem facing a decision maker, which may in turn depend on realistic assumptions about what the relevant agent is like. As a consequence, resource rationality involves a delicate, but often fruitful interplay between the normative and the descriptive. (shrink)

In lieu of an abstract, here is a brief excerpt of the content:706 BOOK REVIEWS struments of redemption for others. Mary is the primary exemplar of receiving her Son's redeeming love in freedom and of wholeheartedly mediating his graces to all he has redeemed. The final essay, "Mary and Modernity," is most timely for American Christians and ecumenists. It is a very worthwhile attempt to compare and contrast the secular triad of virtues, liberty, equality, and fraternity with the Christian triad (...) of theological virtues, faith, hope, and love, especially as they are exemplified in Mary. Although this approach perceives Mary more as a " sign of contradiction " to our secularistic culture, she will help us to avoid the extremes of confusing true freedom with licence, genuine equality with egalitarianism, and authentic fraternity with collectivism by helping inspire in us the really liberating values of her Son's Gospel. Everyone can benefit immensely from the intelligent reading of this book. Mt. St. Mary's Seminary Emmitsburg, Maryland FREDERICK M. JELLY, O.P. Dieu et l'etre d'apres Thomas d'Aquin et Hegel. By EMILIO BRITO. Paris: Presses Universitaires de France, 1991. Pp. 422. 245 francs. Sprung from premature fears of post-modernity or from an ignorant nostalgia for a monoform Catholicism which never existed, universal dismissals of " modernity " still appear occasionally in Catholic j ournals. They recall,the neo-scholastic te:xitbooks prior to Vatican II in whose pages the " moderni " (among whom were numbered not only "Kantiani" but "Hegeliani ") were dismissed by authors who, having read a few pages, were incapable of grasping the basic directions of philosophy from Herder to Heidegger. Emilio Brito, S.J., however, follows in the line of the French and German Jesuits: through this century they have sustained a varied dialogue, in philosophy and theology, between Thomas Aquinas and the important figures of modern philosophy. His two works on Hegel's Christology, and a third large study of God and creation in Schelling are now followed by this comparative work. The theology of Aquinas and the philosophy of Hegel are like two galaxies. Do they move past each other at a distance, or do they move through each other guarding a proper identity with similar forces and shared motifs? Brito has chosen one theme within these two vast realms of thought: his topic (and the book's title can mislead) is God; 'being' BOOK REVIEWS 707 is present as a stimulus to our reflection about God. After an introduction on recent interpretations of Hegel, particularly by Catholics, pages which should be read by all interested in contemporary theology, there are three sections: " the knowledge and naming of God," " the divine substance and the cycle of its attributes," and " the operations of absolute spirit." The chapters in each of the three areas present Aquinas's and then Hegel's thought, and sometimes a section of further comparison. At the end of the work Brito offers a conclusion ("God's Goodness") and a postlude ("God's Beauty"). Finally there is a "Resume." According to Brito, Aquinas's thought is clear (his Aristotelian logic is readily understandable), and his emphasis lies with the divine transcendence. Despite the process-format of the Summa theologiae and the traces of history in the headship of Christ, the diversity of sacraments, and the theologies of faith and natural law, his modest description of movement in God and in God's world of beings stands in contrast to the unleashed and unresolved development penetrating Hegel's Geist. The concluding " Resume " of nine pages is particularly valuable as it brings together the author's synthetic insights into Aquinas and Hegel (one might hope that at least it would appear in translation). The following excerpt displays its balance and clarity. The God of the Summa tends to stay back from mediation, letting itself exist in a certain exteriority, while the Hegelian absolute " raises out" the determinations it posits only by also absorbing them negatively. In the same vein, the Hegelian parousia of the negative abolishes absolutely the distance maintained by the inexpressible in language. In an opposite direction, the originating positivity of the God of Thomas grounds the irreducible presence of a reality represented in discourse. If he is a stranger to this approach and more... (shrink)

The Pleadings Game is a normative formalization and computational model of civil pleading, founded in Roberty Alexy''s discourse theory of legal argumentation. The consequences of arguments and counterarguments are modelled using Geffner and Pearl''s nonmonotonic logic,conditional entailment. Discourse in focussed using the concepts of issue and relevance. Conflicts between arguments can be resolved by arguing about the validity and priority of rules, at any level. The computational model is fully implemented and has been tested using examples from Article Nine of (...) the Uniform Commercial Code. (shrink)

In Pietroski ( 2018 ) a simple representation language called SMPL is introduced, construed as a hypothesis about core conceptual structure. The present work is a study of this system from a logical perspective. In addition to establishing a completeness result and a complexity characterization for reasoning in the system, we also pinpoint its expressive limits, in particular showing that the fourth corner in the square of opposition (“ Some_not ”) eludes expression. We then study a seemingly small extension, called (...) SMPL +, which allows for a minimal predicate-binding operator. Perhaps surprisingly, the resulting system is shown to encode precisely the concepts expressible in first-order logic. However, unlike the latter class, the class of SMPL + expressions admits a simple procedural (context-free) characterization. Our contribution brings together research strands in logic—including natural logic, modal logic, description logic, and hybrid logic—with recent advances in semantics and philosophy of language. (shrink)

While pragmatic arguments for numerical probability axioms have received much attention, justifications for axioms of qualitative probability have been less discussed. We offer an argument for the requirement that an agent’s qualitative judgments be probabilistically representable, inspired by, but importantly different from, the Money Pump argument for transitivity of preference and Dutch book arguments for quantitative coherence. The argument is supported by a theorem, to the effect that a subject is systematically susceptible to dominance given her preferred acts, if and (...) only if the subject’s comparative judgments preclude representation by a standard probability measure. (shrink)

We present a high-level declarative programming language for representing argumentation schemes, where schemes represented in this language can be easily validated by domain experts, including developers of argumentation schemes in informal logic and philosophy, and serve as executable specifications for automatically constructing arguments, when applied to a set of assumptions. This new rule language for representing argumentation schemes is validated by using it to represent twenty representative argumentation schemes.

Carneades is an open source argument mapping application and a programming library for building argumentation support tools. In this paper, Carneades’ support for argument reconstruction, evaluation and visualization is illustrated by modeling most of the factual and legal arguments in Popov v Hayashi.

This groundbreaking work was the first to propose an inquiry into the forms, dynamics, and constructs of educational policy. This fine book remains the only treatment of educational policy incorporating an account of the differences between various kinds of educational goods. Professor Green explored the nature of policy and prospects for the future, and it is a rare treat that we can now (more than fifteen years later) revisit the text to discover his uncanny accuracy.

Authors of books on business ethics and corporate social responsibility fall into two general approaches when they answer the question: Why should a business firm, which represents private property, have greater obligations to the local community than an ordinary citizen? Authors generally subscribe to a rights approach or to a power model. This paper will present four rights approaches and three power models which are used to describe the relationship of the firm to society. Introducing these different approaches and models (...) will be two brief expositions which provide the setting for determining the relationship of a firm to society. The first traces two lines to the development of the contemporary American corporation. The second views the business corporation as a quasi-public institution. (shrink)

Many individuals with developmental language disorder (DLD) and individuals who are deaf or hard of hearing (D/HH) have social–emotional problems, such as social difficulties, and show signs of aggression, depression, and anxiety. These problems can be partly associated with their executive functions (EFs) and theory of mind (ToM). The difficulties of both groups in EF and ToM may in turn be related to self-directed speech (i.e., overt or covert speech that is directed at the self). Self-directed speech is thought to (...) allow for the construction of non-sensory representations (i.e., representations that do not coincide with direct observation). Such non-sensory representations allow individuals to overcome the limits set upon them by the senses. This ability is constrained by the development of word meaning structure (i.e., the way words are understood). We argue that the greater ability to construct non-sensory representations may result in more enhanced forms of EF and ToM. We conclude that difficulties in EF, ToM, and social–emotional functioning in those with hearing and language problems may be accounted for in terms of word meaning impairments. We propose that word meaning structure and self-directed speech should be considered in assigning EF and ToM treatments to individuals with DLD and those who are D/HH. (shrink)

The provability logic of a theory $T$ is the set of modal formulas, which under any arithmetical realization are provable in $T$. We slightly modify this notion by requiring the arithmetical realizations to come from a specified set $\Gamma$. We make an analogous modification for interpretability logics. We first study provability logics with restricted realizations and show that for various natural candidates of $T$ and restriction set $\Gamma$, the result is the logic of linear frames. However, for the theory Primitive (...) Recursive Arithmetic (PRA), we define a fragment that gives rise to a more interesting provability logic by capitalizing on the well-studied relationship between PRA and I$\Sigma_1$. We then study interpretability logics, obtaining upper bounds for IL(PRA), whose characterization remains a major open question in interpretability logic. Again this upper bound is closely related to linear frames. The technique is also applied to yield the nontrivial result that IL(PRA) $\subset$ ILM. (shrink)

What does religion contribute to business ethics? Related to the practical, religion applies theological concepts to business situations; namely, vocation, stewardship, human dignity, co-creation, co-conservation, sharing in God's power, servant leadership, encounter with the Incarnation, sacramental sign and justice (divine and human). These concepts suggest the threefold component of religion: doctrine (creed), worship (cult) and values governing behavior (code). A principle taken from religious practice illustrates its unique contribution to business ethics. The principle of proportionality (or double effect) exemplifies code (...) in its balancing of good and evil outcomes. The more contemporary principle called the fundamental option identifies the role of vocation and calling in the notion of creed. The component cult might be reflected in the insistence on human dignity which is highlighted in papal social teaching. (shrink)

This chapter attempts to look into a number of epistemological issues that are of significance to modern thought. The title of this chapter is adopted from Martin Buber's book wherein he drew attention to some of the key issues in what is referred to as the ‘new theology’ of Harry Williams, Pail Van Buren, and other such theologians, and also in William Hamilton and Thomas Altizer's ‘God is dead’ theology. As Buber asserts that the eclipse is something that concerns (...) our eyes and the sun, and not the sun itself, the eclipse of God that this chapter attempts to explain involves our own selfhood. The main problem faced by new theologians entails how they are not able to differentiate between God and their own subjectivity. This chapter looks into various controversies such as Gnosticism, Arianism, and other debates regarding the knowledge of God. (shrink)

In his commentary on the Epistle to the Romans, Karl Barth explains that grace is not to be viewed as something cheap for it is costly both for God and for man. Ironically, grace becomes costly because of how it is unconditionally free and because of how it is achieved only when we are justified in Jesus Christ. Since we are all under God's mercy and since we are freely justified through grace, all men — regardless of whether they are (...) bad or good, whether they practice religion, and other such aspects — are perceived to be equal as they are all saved by grace alone. For God, this grace is perceived to be considerably costly since grace is achieved through Christ's blood. On the other hand, for man, all the achievements and possessions of man rely greatly on grace. (shrink)

In this world which has come to be through God's creative Word, ecumenical activity occurs within time and space which are both brought about as functions of conditional events and holders of the immanent order to the world. God placed man in this world, and He had made Himself known throughout this time and space. In this world, man was granted with certain skills so that he may be able to utilize the world, enjoy it, and have a certain degree (...) of control over it and its other elements so that praise and worship may be brought to God. This is also the same world wherein God had sent His Son to express the Father's love and so that man may be able to be in communion with God. As such, not only did God create the world, He had also been able to establish the world's relation to Himself. In this world, we see that the Church and the science community coexist and are both in quest of understanding the various structures of space and time while attempting to understand the different forms of human speech and thought. (shrink)

In developing our actual knowledge, we do not utilize authentic knowledge in looking into epistemology and on the ground of theory. It is also unlikely that we will be able to identify measures for answering the question ‘How can we know God?’ and use the answers in further investigation and explanation of what we know. As such, we may be able to develop an epistemology of God when we have considered our actual knowledge of God since form cannot be separated (...) from method nor from content. God enables us to know Him through how he is able to present Himself to us as an object of knowing and through how we are able to form relationships with Him. This chapter attempts to look into the formal and non-formal aspects of knowledge so that we may arrive at the epistemology of the Spirit. (shrink)

When a posteriori science came into view during the 16th century and had experienced classical developments during the 17th century, this modern science was referred to as dogmatic science. This is because an inductive discovery method that is directed by inquiry took the place of deducting from abstract principles, and because this science enabled various improvements in the real knowledge of the universe. The notion of acquiring ‘dogmatic’ thought was brought about by the differentiation given by the Greeks between the (...) ‘sceptics’ who asked several academic questions and the ‘dogmatics’ who seek to find positive results to these questions. As such, dogmatic science was utilized in analysing the new physics that encompassed a particular field of reality. (shrink)

The ability to attain the agreement of someone from whom we differ regarding a particular matter is referred to as persuasion, but certain differences may be identified in terms of how such may be achieved. People may be persuaded through convincing them and getting them to agree to what we say or believe in, or through meddling with their feelings so that the desired response may be manipulated and brought about. Persuasion generally stimulates a certain belief and that may be (...) furthered to a commitment that deals more with rational judgement. Theological persuasion is fundamentally concerned with the former, yet the latter is also not without a certain amount of significance. This chapter looks into how this type of persuasion involves a triadic relation in communication and in rationality. (shrink)

Recently, theology has been put under pressures by certain mechanistic concepts which resulted from the Newtonian era of science — dogmatic empiricism and dogmatic scientism. A number of theologians and biblical scholars discussed phenomenology and existentialism. However, such efforts were to no avail since these were done in the context of a historical relativism wherein Jesus continued to disappear from their observations. Also, others relied mostly on sociology and cultural expressionism in which they had to face the rifts that came (...) about between historic Christianity and modern culture. As such, several Christians often experienced certain degrees of confusion and irrationality toward their religion since the Church establishes the divide between experience and theology. Theology was thus viewed to be somehow detached from the reality the living God has furthered into its estrangement from men. (shrink)

The Word of God refers not to how man has construed the notion of God, but rather God's Word as He himself speaks and lives it. As such, Word in this context represents the activity and personal mode attributed to God's Being. However, our notion of what the Word of God entails is limited to how it had been introduced to us, and it is this Word that had earned response through how we had been able to hear, understand, and (...) live by the said Word. As such, we do not look at the components individually, but instead adopt a point of view in which man and God are conceived together towards creative self-communication which is initiated by God's Word. It is through this Word that God is able to create and maintain the different surrounding realities and certain relations with Him may be established. (shrink)

In this essay I will examine the changing historical relationship between two fundamentally modern concepts: self-preservation and self-ownership. These two concepts have served a dual function in modernity. On the one hand, they are crucial parts of the theoretical underpinning of liberalism: the natural law of self-preservation is the foundation of the rational inclination to form civil society (e.g., Hobbes); and self-ownership provides the foundation for the liberal (i.e., Lockean) notion of private property. But on the other hand, these two (...) concepts serve much more than a theoretical purpose; they also perform a duty in what I would like to call, borrowing Foucault's phrase, a modern technology of the self. At this level, the concepts of self-ownership and self-preservation shape individuals to follow certain routines in their behavior, to treat their bodies in specific ways, to organize their time in a particular fashion. In performing these routines, individuals participate in the collection and dissemination of that knowledge of individual bodies and groups of bodies which, as Foucault and Arendt in their different ways revealed, is endemic to modernity. (shrink)