This paper considers a range of infinite exchange problems, including one recent example discussed by Barrett and Arntzenius, and propose a general taxonomy based on cardinality considerations and the possibility of identifying and tracking the units of exchange.

Considered by many to be Abraham Robinson's magnum opus, this book offers an explanation of the development and applications of non-standard analysis by the mathematician who founded the subject. Non-standard analysis grew out of Robinson's attempt to resolve the contradictions posed by infinitesimals within calculus. He introduced this new subject in a seminar at Princeton in 1960, and it remains as controversial today as it was then. This paperback reprint of the 1974 revised edition is indispensable reading for anyone interested (...) in non-standard analysis. It treats in rich detail many areas of application, including topology, functions of a real variable, functions of a complex variable, and normed linear spaces, together with problems of boundary layer flow of viscous fluids and rederivations of Saint-Venant's hypothesis concerning the distribution of stresses in an elastic body. (shrink)

The Barrett and Arntzenius (1999) decision paradox involves unbounded wealth, the relationship between period-wise and sequence-wise dominance, and an infinite-period split-minute setting. A version of their paradox involving bounded (in fact, constant) wealth decisions is presented, along with a version involving no decisions at all. The common source of paradox in Barrett–Arntzenius and these other examples is the indeterminacy of their infinite-period split-minute setting.

We examine a distinctive kind of problem for decision theory, involving what we call discontinuity at infinity. Roughly, it arises when an infinite sequence of choices, each apparently sanctioned by plausible principles, converges to a ‘limit choice’ whose utility is much lower than the limit approached by the utilities of the choices in the sequence. We give examples of this phenomenon, focusing on Arntzenius et al.’s Satan’s apple, and give a general characterization of it. In these examples, repeated dominance reasoning (...) (a paradigm of rationality) apparently gives rise to a situation closely analogous to having intransitive preferences (a paradigm of irrationality). Indeed, the agents in these examples are vulnerable to a money pump set-up despite having preferences that exhibit no obvious defect of rationality. We explore several putative solutions to such problems, particularly those that appeal to binding and to deliberative dynamics. We consider the prospects for these solutions, concluding that if they fail, the examples show that money pump arguments are invalid. (shrink)

We tell a story where an agent who chooses in such a way as to make the greatest possible profit on each of an infinite series of transactions ends up worse off than an agent who chooses in such a way as to make the least possible profit on each transaction. That is, contrary to what one might suppose, it is not necessarily rational always to choose the option that yields the greatest possible profit on each transaction.

We pose and resolve several vexing decision theoretic puzzles. Some are variants of existing puzzles, such as 'Trumped' (Arntzenius and McCarthy 1997), 'Rouble trouble' (Arntzenius and Barrett 1999), 'The airtight Dutch book' (McGee 1999), and 'The two envelopes puzzle' (Broome 1995). Others are new. A unified resolution of the puzzles shows that Dutch book arguments have no force in infinite cases. It thereby provides evidence that reasonable utility functions may be unbounded and that reasonable credence functions need not be countably (...) additive. The resolution also shows that when infinitely many decisions are involved, the difference between making the decisions simultaneously and making them sequentially can be the difference between riches and ruin. Finally, the resolution reveals a new way in which the ability to make binding commitments can save perfectly rational agents from sure losses. (shrink)

This book presents a new type of arithmetic that allows one to execute arithmetical operations with infinite numbers in the same manner as we are used to do with finite ones. The problem of infinity is considered in a coherent way different from (but not contradicting to) the famous theory founded by Georg Cantor. Surprisingly, the introduced arithmetical operations result in being very simple and are obtained as immediate extensions of the usual addition, multiplication, and division of finite numbers to (...) infinite ones. This simplicity is a consequence of a newly developed positional numeral system used to express infinite numbers. In order to broaden the audience, the book was written as a popular one. This is the second revised edition of the book (the first paperback edition has been published in 2003, available at European Amazon sites). (shrink)

There exist many applications where it is necessary to approximate numerically derivatives of a function which is given by a computer procedure. In particular, all the fields of optimization have a special interest in such a kind of information. In this paper, a new way to do this is presented for a new kind of a computer - the Infinity Computer - able to work numerically with finite, infinite, and infinitesimal number. It is proved that the Infinity Computer is able (...) to calculate values of derivatives of a higher order for a wide class of functions represented by computer procedures. It is shown that the ability to compute derivatives of arbitrary order automatically and accurate to working precision is an intrinsic property of the Infinity Computer related to its way of functioning. Numerical examples illustrating the new concepts and numerical tools are given. (shrink)

The paper considers a new type of objects – blinking fractals – that are not covered by traditional theories studying dynamics of self-similarity processes. It is shown that the new approach allows one to give various quantitative characteristics of the newly introduced and traditional fractals using infinite and infinitesimal numbers proposed recently. In this connection, the problem of the mathematical modelling of continuity is discussed in detail. A strong advantage of the introduced computational paradigm consists of its well-marked numerical character (...) and its own instrument – Infinity Computer – able to execute operations with infinite and infinitesimal numbers. (shrink)

The Turing machine is one of the simple abstract computational devices that can be used to investigate the limits of computability. In this paper, they are considered from several points of view that emphasize the importance and the relativity of mathematical languages used to describe the Turing machines. A deep investigation is performed on the interrelations between mechanical computations and their mathematical descriptions emerging when a human (the researcher) starts to describe a Turing machine (the object of the study) by (...) different mathematical languages (the instruments of investigation). Together with traditional mathematical languages using such concepts as ‘enumerable sets’ and ‘continuum’ a new computational methodology allowing one to measure the number of elements of different infinite sets is used in this paper. It is shown how mathematical languages used to describe the machines limit our possibilities to observe them. In particular, notions of observable deterministic and non-deterministic Turing machines are introduced and conditions ensuring that the latter can be simulated by the former are established. (shrink)

A new computational methodology for executing calculations with infinite and infinitesimal quantities is described in this paper. It is based on the principle ‘The part is less than the whole’ introduced by Ancient Greeks and applied to all numbers (finite, infinite, and infinitesimal) and to all sets and processes (finite and infinite). It is shown that it becomes possible to write down finite, infinite, and infinitesimal numbers by a finite number of symbols as particular cases of a unique framework. The (...) new methodology has allowed us to introduce the Infinity Computer working with such numbers (its simulator has already been realized). Examples dealing with divergent series, infinite sets, and limits are given. (shrink)

The goal of this paper consists of developing a new (more physical and numerical in comparison with standard and non-standard analysis approaches) point of view on Calculus with functions assuming infinite and infinitesimal values. It uses recently introduced infinite and infinitesimal numbers being in accordance with the principle ‘The part is less than the whole’ observed in the physical world around us. These numbers have a strong practical advantage with respect to traditional approaches: they are representable at a new kind (...) of a computer – the Infinity Computer – able to work numerically with all of them. An introduction to the theory of physical and mathematical continuity and differentiation (including subdifferentials) for functions assuming finite, infinite, and infinitesimal values over finite, infinite, and infinitesimal domains is developed in the paper. This theory allows one to work with derivatives that can assume not only finite but infinite and infinitesimal values, as well. It is emphasized that the newly introduced notion of the physical continuity allows one to see the same mathematical object as a continuous or a discrete one, in dependence on the wish of the researcher, i.e., as it happens in the physical world where the same object can be viewed as a continuous or a discrete in dependence on the instrument of the observation used by the researcher. Connections between pure mathematical concepts and their computational realizations are continuously emphasized through the text. Numerous examples are given. (shrink)

Is calculation possible without language? Or is the human ability for arithmetic dependent on the language faculty? To clarify the relation between language and arithmetic, we studied numerical cognition in speakers of Mundurukú, an Amazonian language with a very small lexicon of number words. Although the Mundurukú lack words for numbers beyond 5, they are able to compare and add large approximate numbers that are far beyond their naming range. However, they fail in exact arithmetic with numbers larger than 4 (...) or 5. Our results imply a distinction between a nonverbal system of number approximation and a language-based counting system for exact number and arithmetic. (shrink)

Many biological processes and objects can be described by fractals. The paper uses a new type of objects – blinking fractals – that are not covered by traditional theories considering dynamics of self-similarity processes. It is shown that both traditional and blinking fractals can be successfully studied by a recent approach allowing one to work numerically with infinite and infinitesimal numbers. It is shown that blinking fractals can be applied for modeling complex processes of growth of biological systems including their (...) season changes. The new approach allows one to give various quantitative characteristics of the obtained blinking fractals models of biological systems. (shrink)