Results for 'Tim Williamson,'

721 found
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  1. Is Understanding Epistemic in Nature?Gurpreet Rattan & Åsa Wikforss - 2017 - Pacific Philosophical Quarterly 98 (2).
    Is understanding epistemic in nature? Does a correct account of what constitutes understanding of a concept mention epistemological notions such as knowledge, justification or epistemic rationality? We defend the view that understanding is epistemic in nature – we defend epistemological conceptions of understanding. We focus our discussion with a critical evaluation of Tim Williamson's challenges to epistemological conceptions of understanding in The Philosophy of Philosophy. Against Williamson, we distinguish three kinds of epistemological conceptions and argue that Williamson's arguments succeed against (...)
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  2. Luminosity Guaranteed.Wolfgang Barz - 2017 - Pacific Philosophical Quarterly 98 (S1):480-496.
    This article aims to show that Williamson's anti-luminosity argument does not succeed if we presuppose a constitutive connection between the phenomenal and the doxastic. In contrast to other luminists, however, my strategy is not to critically focus on the refined safety condition in terms of degrees of confidence that anti-luminists typically use in this context. Instead, I will argue that, given a certain conception of what Chalmers calls ‘direct phenomenal concepts,’ luminosity is guaranteed even if the refined safety condition in (...)
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  3. Epistemic normativity and the justification-excuse distinction.Cameron Boult - 2017 - Synthese 194 (10):4065-4081.
    The paper critically examines recent work on justifications and excuses in epistemology. I start with a discussion of Gerken’s claim that the “excuse maneuver” is ad hoc. Recent work from Timothy Williamson and Clayton Littlejohn provides resources to advance the debate. Focusing in particular on a key insight in Williamson’s view, I then consider an additional worry for the so-called excuse maneuver. I call it the “excuses are not enough” objection. Dealing with this objection generates pressure in two directions: one (...)
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  4. Saying More (or Less) than One Thing.Andrea Iacona - 2010 - In Richard Dietz & Sebastiano Moruzzi (eds.), Cuts and clouds: vagueness, its nature, and its logic. New York: Oxford University Press.
    In a paper called 'Definiteness and Knowability', Tim Williamson addresses the question whether one must accept that vagueness is an epistemic phenomenon if one adopts classical logic and a disquotational principle for truth. Some have suggested that one must not, hence that classical logic and the disquotational principle may be preserved without endorsing epistemicism. Williamson’s paper, however, finds ‘no plausible way of substantiating that possibility’. Its moral is that ‘either classical logic fails, or the disquotational principle does, or vagueness is (...)
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  5. Counterepistemic indicative conditionals and probability.J. R. G. Williams - manuscript
    *This work is no longer under development* Two major themes in the literature on indicative conditionals are that the content of indicative conditionals typically depends on what is known;1 that conditionals are intimately related to conditional probabilities.2 In possible world semantics for counterfactual conditionals, a standard assumption is that conditionals whose antecedents are metaphysically impossible are vacuously true.3 This aspect has recently been brought to the fore, and defended by Tim Williamson, who uses it in to characterize alethic necessity by (...)
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  6. Scepticism, defeasible evidence and entitlement.Daniele Sgaravatti - 2014 - Philosophical Studies 168 (2):439-455.
    The paper starts by describing and clarifying what Williamson calls the consequence fallacy. I show two ways in which one might commit the fallacy. The first, which is rather trivial, involves overlooking background information; the second way, which is the more philosophically interesting, involves overlooking prior probabilities. In the following section, I describe a powerful form of sceptical argument, which is the main topic of the paper, elaborating on previous work by Huemer. The argument attempts to show the impossibility of (...)
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  7. Modal science.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):453-492.
    This paper explains and defends the idea that metaphysical necessity is the strongest kind of objective necessity. Plausible closure conditions on the family of objective modalities are shown to entail that the logic of metaphysical necessity is S5. Evidence is provided that some objective modalities are studied in the natural sciences. In particular, the modal assumptions implicit in physical applications of dynamical systems theory are made explicit by using such systems to define models of a modal temporal logic. Those assumptions (...)
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  8. Nested Sequents for Intuitionistic Modal Logics via Structural Refinement.Tim Lyon - 2021 - In Anupam Das & Sara Negri (eds.), Automated Reasoning with Analytic Tableaux and Related Methods: TABLEAUX 2021. pp. 409-427.
    We employ a recently developed methodology -- called "structural refinement" -- to extract nested sequent systems for a sizable class of intuitionistic modal logics from their respective labelled sequent systems. This method can be seen as a means by which labelled sequent systems can be transformed into nested sequent systems through the introduction of propagation rules and the elimination of structural rules, followed by a notational translation. The nested systems we obtain incorporate propagation rules that are parameterized with formal grammars, (...)
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  9. Refining Labelled Systems for Modal and Constructive Logics with Applications.Tim Lyon - 2021 - Dissertation, Technischen Universität Wien
    This thesis introduces the "method of structural refinement", which serves as a means of transforming the relational semantics of a modal and/or constructive logic into an 'economical' proof system by connecting two proof-theoretic paradigms: labelled and nested sequent calculi. The formalism of labelled sequents has been successful in that cut-free calculi in possession of desirable proof-theoretic properties can be automatically generated for large classes of logics. Despite these qualities, labelled systems make use of a complicated syntax that explicitly incorporates the (...)
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  10. The Limits of Realism.Tim Button - 2013 - Oxford: Oxford University Press UK.
    Tim Button explores the relationship between words and world; between semantics and scepticism. -/- A certain kind of philosopher – the external realist – worries that appearances might be radically deceptive. For example, she allows that we might all be brains in vats, stimulated by an infernal machine. But anyone who entertains the possibility of radical deception must also entertain a further worry: that all of our thoughts are totally contentless. That worry is just incoherent. -/- We cannot, then, be (...)
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  11. Towards Affirmative Economic Theologies: Responses to the Problem of Evil in Contemporary Italian Thought.Tim Christiaens - 2021 - Political Theology 7 (21):934-949.
    The burgeoning field of economic theology constitutes primarily a critical device against the Nachleben of medieval providential theology in modern economic governance. Especially Agamben has highlighted the role of the notion of oikonomia in providential and modern economic thought to promote humble acceptance in light of the problem of evil. I show how economic theology can also be a vantage point for affirmative critique. I discuss Negri’s interpretation of the Book of Job and the Italian feminist appreciation of the Virgin (...)
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  12. Automating Reasoning with Standpoint Logic via Nested Sequents.Tim Lyon & Lucía Gómez Álvarez - 2018 - In Michael Thielscher, Francesca Toni & Frank Wolter (eds.), Proceedings of the Sixteenth International Conference on Principles of Knowledge Representation and Reasoning (KR2018). pp. 257-266.
    Standpoint logic is a recently proposed formalism in the context of knowledge integration, which advocates a multi-perspective approach permitting reasoning with a selection of diverse and possibly conflicting standpoints rather than forcing their unification. In this paper, we introduce nested sequent calculi for propositional standpoint logics---proof systems that manipulate trees whose nodes are multisets of formulae---and show how to automate standpoint reasoning by means of non-deterministic proof-search algorithms. To obtain worst-case complexity-optimal proof-search, we introduce a novel technique in the context (...)
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  13. Information and design: book symposium on Luciano Floridi’s The Logic of Information.Tim Gorichanaz, Jonathan Furner, Lai Ma, David Bawden, Liz Robinson, Dominic Dixon, Ken Herold, Sille Obelitz Søe, Betsy Van der Veer Martens & Luciano Floridi - 2020 - Journal of Documentation 76 (2).
    The purpose of this paper is to review and discuss Luciano Floridi’s 2019 book The Logic of Information: A Theory of Philosophy as Conceptual Design, the latest instalment in his philosophy of information (PI) tetralogy, particularly with respect to its implications for library and information studies (LIS) .
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  14. Against Cumulative Type Theory.Tim Button & Robert Trueman - 2022 - Review of Symbolic Logic 15 (4):907-49.
    Standard Type Theory, STT, tells us that b^n(a^m) is well-formed iff n=m+1. However, Linnebo and Rayo have advocated the use of Cumulative Type Theory, CTT, has more relaxed type-restrictions: according to CTT, b^β(a^α) is well-formed iff β > α. In this paper, we set ourselves against CTT. We begin our case by arguing against Linnebo and Rayo’s claim that CTT sheds new philosophical light on set theory. We then argue that, while CTT ’s type-restrictions are unjustifiable, the type-restrictions imposed by (...)
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  15. Law-Abiding Causal Decision Theory.Timothy Luke Williamson & Alexander Sandgren - 2023 - British Journal for the Philosophy of Science 74 (4):899-920.
    In this paper we discuss how Causal Decision Theory should be modified to handle a class of problematic cases involving deterministic laws. Causal Decision Theory, as it stands, is problematically biased against your endorsing deterministic propositions (for example it tells you to deny Newtonian physics, regardless of how confident you are of its truth). Our response is that this is not a problem for Causal Decision Theory per se, but arises because of the standard method for assessing the truth of (...)
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  16. Reply to Sider.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):699-708.
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  17. (1 other version)The Waterfall Illusion.Tim Crane - 1988 - Analysis 48 (June):142-47.
    If you stare for a period of time at a scene which contains movement in one direction, and then turn your attention to an object in a scene which contains no movement, this object will appear to move in the opposite direction to that of the original movement. The effect can be easily achieved by attaching a piece of paper with a spiral drawn on it to the spinning turntable of a record player, and then turning the turntable off while (...)
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  18. All the Difference in the World.Tim Crane - 1991 - Philosophical Quarterly 41 (162):1-25.
    The celebrated "Twin Earth" arguments of Hilary Putnam (1975) and Tyler Burge (1979) aim to establish that some intentional states logically depend on facts external to the subjects of those states. Ascriptions of states of these kinds to a thinker entail that the thinker's environment is a certain way. It is not possible that the thinker could be in those very intentional states unless the environment is that way...
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  19. Scepticism about epistemic blame.Tim Smartt - 2023 - Philosophical Studies 180 (5):1813-1828.
    I advocate scepticism about epistemic blame; the view that we have good reason to think there is no distinctively epistemic form of blame. Epistemologists often find it useful to draw a distinction between blameless and blameworthy norm violation. In recent years, this has led several writers to develop theories of ‘epistemic blame.’ I present two challenges against the very idea of epistemic blame. First, everything that is supposedly done by epistemic blame is done by epistemic evaluation, at least according to (...)
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  20. Reply to Bacon, Hawthorne and Uzquiano.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):542-547.
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  21. Cut-free Calculi and Relational Semantics for Temporal STIT Logics.Tim Lyon & Kees van Berkel - 2019 - In Francesco Calimeri, Nicola Leone & Marco Manna (eds.), Logics in Artificial Intelligence. Springer. pp. 803 - 819.
    We present cut-free labelled sequent calculi for a central formalism in logics of agency: STIT logics with temporal operators. These include sequent systems for Ldm , Tstit and Xstit. All calculi presented possess essential structural properties such as contraction- and cut-admissibility. The labelled calculi G3Ldm and G3Tstit are shown sound and complete relative to irreflexive temporal frames. Additionally, we extend current results by showing that also Xstit can be characterized through relational frames, omitting the use of BT+AC frames.
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  22. Deflationary metaphysics and ordinary language.Tim Button - 2020 - Synthese 197 (1):33-57.
    Amie Thomasson and Eli Hirsch have both attempted to deflate metaphysics, by combining Carnapian ideas with an appeal to ordinary language. My main aim in this paper is to critique such deflationary appeals to ordinary language. Focussing on Thomasson, I draw two very general conclusions. First: ordinary language is a wildly complicated phenomenon. Its implicit ontological commitments can only be tackled by invoking a context principle; but this will mean that ordinary language ontology is not a trivial enterprise. Second: ordinary (...)
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  23. Function essentialism about artifacts.Tim Juvshik - 2021 - Philosophical Studies (9):2943-2964.
    Much recent discussion has focused on the nature of artifacts, particularly on whether artifacts have essences. While the general consensus is that artifacts are at least intention-dependent, an equally common view is function essentialism about artifacts, the view that artifacts are essentially functional objects and that membership in an artifact kind is determined by a particular, shared function. This paper argues that function essentialism about artifacts is false. First, the two component conditions of function essentialism are given a clear and (...)
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  24. (1 other version)Is Perception a Propositional Attitude?Tim Crane - 2009 - Philosophical Quarterly 59 (236):452-469.
    It is widely agreed that perceptual experience is a form of intentionality, i.e., that it has representational content. Many philosophers take this to mean that like belief, experience has propositional content, that it can be true or false. I accept that perceptual experience has intentionality; but I dispute the claim that it has propositional content. This claim does not follow from the fact that experience is intentional, nor does it follow from the fact that experiences are accurate or inaccurate. I (...)
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  25. Perception and the Reach of Phenomenal Content.Tim Bayne - 2009 - Philosophical Quarterly 59 (236):385-404.
    The phenomenal character of perceptual experience involves the representation of colour, shape and motion. Does it also involve the representation of high-level categories? Is the recognition of a tomato as a tomato contained within perceptual phenomenality? Proponents of a conservative view of the reach of phenomenal content say ’No’, whereas those who take a liberal view of perceptual phenomenality say ’Yes’. I clarify the debate between conservatives and liberals, and argue in favour of the liberal view that high-level content can (...)
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  26. Reply to Linnebo.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):677-682.
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  27. Singular Thought.Tim Crane & Jody Azzouni - 2011 - Aristotelian Society Supplementary Volume 85 (1):21-43.
    A singular thought can be characterized as a thought which is directed at just one object. The term ‘thought’ can apply to episodes of thinking, or to the content of the episode (what is thought). This paper argues that episodes of thinking can be just as singular, in the above sense, when they are directed at things that do not exist as when they are directed at things that do exist. In this sense, then, singular thoughts are not object-dependent.
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  28. Artifacts and mind-dependence.Tim Juvshik - 2021 - Synthese 199 (3-4):9313-9336.
    I defend the intention-dependence of artifacts, which says that something is an artifact of kind K only if it is the successful product of an intention to make an artifact of kind K. I consider objections from two directions. First, that artifacts are often mind- and intention-dependent, but that this isn’t necessary, as shown by swamp cases. I offer various error theories for why someone would have artifact intuitions in such cases. Second, that while artifacts are necessarily mind-dependent, they aren’t (...)
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  29. Reply to Fine.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):571-583.
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  30. The Soul (An inaugural lecture given at University College London on May 13th, 2004).Tim Crane - manuscript
    Michael Dummett says in the preface to his book on Frege that he is always disappointed when a book lacks a preface. ‘it is like arriving at someone’s house for dinner’ Dummett says ‘and being conducted straight into the dining room’. I feel the same way about inaugural lectures. To give an inaugural lecture is in part an acknowledgement of a professional honour, and in part an opportunity to pay a personal tribute to the institution which has honoured you in (...)
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  31. Excess.Tim Crane - unknown
    The history of wine-drinking is a history of excess. From Noah’s disastrous first experiments and the bacchanalia of the ancient Greeks to the spectacular overindulgence described in the diaries of Evelyn Waugh, the consumption of wine to excess has been a recurrent theme among those drink and those who write about it. Sometimes the quantities consumed by the drinkers of the past are staggering. According to Roy Porter’s English Society in the Eighteenth Century, ‘to gain a reputation as a blade (...)
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  32. Reply to Yli-Vakkuri.Timothy Williamson - 2016 - Canadian Journal of Philosophy 46 (4-5):839-851.
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  33. Applying Evidential Pluralism to the Social Sciences.Yafeng Shan & Jon Williamson - 2021 - European Journal for Philosophy of Science 11 (4):1-27.
    Evidential Pluralism maintains that in order to establish a causal claim one normally needs to establish the existence of an appropriate conditional correlation and the existence of an appropriate mechanism complex, so when assessing a causal claim one ought to consider both association studies and mechanistic studies. Hitherto, Evidential Pluralism has been applied to medicine, leading to the EBM+ programme, which recommends that evidence-based medicine should systematically evaluate mechanistic studies alongside clinical studies. This paper argues that Evidential Pluralism can also (...)
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  34. On the Duty to Be an Attention Ecologist.Tim Aylsworth & Clinton Castro - 2022 - Philosophy and Technology 35 (1):1-22.
    The attention economy — the market where consumers’ attention is exchanged for goods and services — poses a variety of threats to individuals’ autonomy, which, at minimum, involves the ability to set and pursue ends for oneself. It has been argued that the threat wireless mobile devices pose to autonomy gives rise to a duty to oneself to be a digital minimalist, one whose interactions with digital technologies are intentional such that they do not conflict with their ends. In this (...)
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  35. Mathematical Internal Realism.Tim Button - 2022 - In Sanjit Chakraborty & James Ferguson Conant (eds.), Engaging Putnam. Berlin, Germany: De Gruyter. pp. 157-182.
    In “Models and Reality” (1980), Putnam sketched a version of his internal realism as it might arise in the philosophy of mathematics. Here, I will develop that sketch. By combining Putnam’s model-theoretic arguments with Dummett’s reflections on Gödelian incompleteness, we arrive at (what I call) the Skolem-Gödel Antinomy. In brief: our mathematical concepts are perfectly precise; however, these perfectly precise mathematical concepts are manifested and acquired via a formal theory, which is understood in terms of a computable system of proof, (...)
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  36. (1 other version)There is No Question of Physicalism.Tim Crane & D. H. Mellor - 1990 - Mind 99 (394):185-206.
    Many philosophers are impressed by the progress achieved by physical sciences. This has had an especially deep effect on their ontological views: it has made many of them physicalists. Physicalists believe that everything is physical: more precisely, that all entities, properties, relations, and facts are those which are studied by physics or other physical sciences. They may not all agree with the spirit of Rutherford's quoted remark that 'there is physics; and there is stamp-collecting',' but they all grant physical science (...)
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  37. How did we get here from there? The transformation of analytic philosophy.Timothy Williamson - 2014 - Belgrade Philosophical Annual 27 (27):7-37.
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  38. (1 other version)There is No Exclusion Problem.Tim Crane & Steinvör Thöll Árnadóttir - 2013 - In Sophie Gibb, E. J. Lowe & Rögnvaldur Ingthorsson (eds.), Mental Causation and Ontology. Oxford: Oxford University Press. pp. 248-66.
    Many philosophers want to say both that everything is determined by the physical and subject to physical laws and principles, and that certain mental entities cannot be identified with any physical entities. The problem of mental causation is to make these two assumptions compatible with the causal efficacy of the mental. The concern is that this physicalist picture of the world leaves no space for the causal efficacy of anything non-physical. The physical, as it is sometimes said, excludes anything non- (...)
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  39. (1 other version)The Nonconceptual Content of Experience.Tim Crane - 1992 - In Paul F. Snowdon (ed.), The Contents of Experience. New York: Cambridge University Press. pp. 136-57.
    Some have claimed that people with very different beliefs literally see the world differently. Thus Thomas Kuhn: ‘what a man sees depends both upon what he looks at and also upon what his previous visual—conceptual experience has taught him to see’ (Kuhn 1970, p. ll3). This view — call it ‘Perceptual Relativism’ — entails that a scientist and a child may look at a cathode ray tube and, in a sense, the first will see it while the second won’t. The (...)
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  40. Relativity and the Causal Efficacy of Abstract Objects.Tim Juvshik - 2020 - American Philosophical Quarterly 57 (3):269-282.
    Abstract objects are standardly taken to be causally inert, however principled arguments for this claim are rarely given. As a result, a number of recent authors have claimed that abstract objects are causally efficacious. These authors take abstracta to be temporally located in order to enter into causal relations but lack a spatial location. In this paper, I argue that such a position is untenable by showing first that causation requires its relata to have a temporal location, but second, that (...)
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  41. Level theory, part 1: Axiomatizing the bare idea of a cumulative hierarchy of sets.Tim Button - 2021 - Bulletin of Symbolic Logic 27 (4):436-460.
    The following bare-bones story introduces the idea of a cumulative hierarchy of pure sets: 'Sets are arranged in stages. Every set is found at some stage. At any stage S: for any sets found before S, we find a set whose members are exactly those sets. We find nothing else at S.' Surprisingly, this story already guarantees that the sets are arranged in well-ordered levels, and suffices for quasi-categoricity. I show this by presenting Level Theory, a simplification of set theories (...)
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  42. Summary of "Elements of Mind" and Replies to Critics.Tim Crane - 2004 - Croatian Journal of Philosophy 4 (11):223-240.
    Elements of Mind (EM) has two themes, one major and one minor. The major theme is intentionality, the mind’s direction upon its objects; the other is the mind–body problem. I treat these themes separately: chapters 1, and 3–5 are concerned with intentionality, while chapter 2 is about the mind–body problem. In this summary I will first describe my view of the mind–body problem, and then describe the book’s main theme. Like many philosophers, I see the mind–body problem as containing two (...)
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  43. In Defence of Psychologism.Tim Crane - 2014 - In Aspects of Psychologism. Cambridge Massachusetts: Harvard University Press.
    The term ‘psychologism’ is normally used for the doctrine that logical and mathematical truths must be explained in terms of psychological truths (see Kusch 1995 and 2011). As such, the term is typically pejorative: the widespread consensus is that psychologism in this sense is a paradigm of philosophical error, a gross mistake that was identified and conclusively refuted by Frege and Husserl.
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  44. Abstract Objects, Causal Efficacy, and Causal Exclusion.Tim Juvshik - 2018 - Erkenntnis 83 (4):805-827.
    objects are standardly taken to be causally inert, but this claim is rarely explicitly argued for. In the context of his platonism about musical works, in order for musical works to be audible, Julian Dodd argues that abstracta are causally efficacious in virtue of their concrete tokens participating in events. I attempt to provide a principled argument for the causal inertness of abstracta by first rejecting Dodd’s arguments from events, and then extending and generalizing the causal exclusion argument to the (...)
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  45. (1 other version)Intentionality as the mark of the mental.Tim Crane - 1998 - In Tim Crane (ed.), Contemporary Issues in the Philosophy of Mind. Cambridge University Press. pp. 229-251.
    ‘It is of the very nature of consciousness to be intentional’ said Jean-Paul Sartre, ‘and a consciousness that ceases to be a consciousness of something would ipso facto cease to exist’.1 Sartre here endorses the central doctrine of Husserl’s phenomenology, itself inspired by a famous idea of Brentano’s: that intentionality, the mind’s ‘direction upon its objects’, is what is distinctive of mental phenomena. Brentano’s originality does not lie in pointing out the existence of intentionality, or in inventing the terminology, which (...)
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  46. Artifactualization without Physical Modification.Tim Juvshik - 2021 - Res Philosophica 98 (4):545-572.
    Much recent discussion has focused on the nature of artifacts, particularly on whether they have essences. While it is often held that artifacts are intention-dependent and necessarily have functions, it is equally commonly held, though far less discussed, that artifacts are the result of physical modification of some material objects. This paper argues that the physical modification condition on artifacts is false. First, it formulates the physical modification condition perspicuously for the first time. Second, it offers counterexamples to this condition, (...)
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  47. Dadaism: Restrictivism as Militant Quietism.Tim Button - 2010 - Proceedings of the Aristotelian Society 110 (3pt3):387-398.
    Can we quantify over everything: absolutely, positively, definitely, totally, every thing? Some philosophers have claimed that we must be able to do so, since the doctrine that we cannot is self-stultifying. But this treats restrictivism as a positive doctrine. Restrictivism is much better viewed as a kind of militant quietism, which I call dadaism. Dadaists advance a hostile challenge, with the aim of silencing everyone who holds a positive position about ‘absolute generality’.
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  48. Is Pain “All in your Mind”? Examining the General Public’s Views of Pain.Tim V. Salomons, Richard Harrison, Nat Hansen, James Stazicker, Astrid Grith Sorensen, Paula Thomas & Emma Borg - 2022 - Review of Philosophy and Psychology 13 (3):683-698.
    By definition, pain is a sensory and emotional experience that is felt in a particular part of the body. The precise relationship between somatic events at the site where pain is experienced, and central processing giving rise to the mental experience of pain remains the subject of debate, but there is little disagreement in scholarly circles that both aspects of pain are critical to its experience. Recent experimental work, however, suggests a public view that is at odds with this conceptualisation. (...)
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  49. Good ‘Cat’, Bad ‘Act’.Tim Juvshik - 2020 - Philosophia 49 (3):1007-1019.
    A widespread intuition is that words, musical works, and flags are intentionally produced and that they’re abstract types that can have incorrect tokens. But some philosophers, notably Julian Dodd and Nicholas Wolterstorff, think intention-dependence isn’t necessary; tokens just need to have certain relevant intrinsic features to be tokens of a given type. I show how there’s an unappreciated puzzle that arises from these two views: if tokens aren’t intention-dependent and types can admit of correct and incorrect tokens, then some driftwood (...)
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  50. A Simple and Precise Method for Pricing Convertible Bond with Credit Risk.Tim Xiao - 2013 - Journal of Derivatives and Hedge Funds 19 (4):259-277.
    This paper presents a new model for valuing hybrid defaultable financial instruments, such as, convertible bonds. In contrast to previous studies, the model relies on the probability distribution of a default jump rather than the default jump itself, as the default jump is usually inaccessible. As such, the model can back out the market prices of convertible bonds. A prevailing belief in the market is that convertible arbitrage is mainly due to convertible underpricing. Empirically, however, we do not find evidence (...)
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