Results for 'maximization'

27 found
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  1. Maximization of Originality.Miro Brada - manuscript
    The classic utility concept in economics, can't explain destructive or seemingly irrational behaviour. I introduce the principle of maximization of originality, which unites any kind of motivation. Maximization of richness / leisure according to budget (=classic utility), also maximizes originality,as the richer I am the fewer people are equally rich (the richest person is only one). Motivation to stand out can be however achieved also by doing an extreme sport, striptease, having big tattoo, etc. This enables to relate (...)
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  2. “What Good is Wall Street?” Institutional Contradiction and the Diffusion of the Stigma Over the Finance Industry.Thomas Roulet - 2015 - Journal of Business Ethics 130 (2):389-402.
    The concept of organizational stigma has received significant attention in recent years. The theoretical literature suggests that for a stigma to emerge over a category of organizations, a “critical mass” of actors sharing the same beliefs should be reached. Scholars have yet to empirically examine the techniques used to diffuse this negative judgment. This study is aimed at bridging this gap by investigating Goffman’s notion of “stigma-theory”: how do stigmatizing actors rationalize and emotionalize their beliefs to convince their audience? We (...)
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  3. Preference's Progress: Rational Self-Alteration and the Rationality of Morality.Duncan Macintosh - 1991 - Dialogue 30 (1-2):3-32.
    I argue that Gauthier's constrained-maximizer rationality is problematic. But standard Maximizing Rationality means one's preferences are only rational if it would not maximize on them to adopt new ones. In the Prisoner's Dilemma, it maximizes to adopt conditionally cooperative preferences. (These are detailed, with a view to avoiding problems of circularity of definition.) Morality then maximizes. I distinguish the roles played in rational choices and their bases by preferences, dispositions, moral and rational principles, the aim of rational action, and rational (...)
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  4. On a Fallacy in the Kaldor-Hicks Efficiency-Equity Analysis.David Ellerman - 2014 - Constitutional Political Economy 25 (2):125-136.
    This paper shows that implicit assumptions about the numeraire good in the Kaldor-Hicks efficiency-equity analysis involve a "same-yardstick" fallacy (a fallacy pointed out by Paul Samuelson in another context). These results have negative implications for cost-benefit analysis, the wealth-maximization approach to law and economics, and other parts of applied welfare economics--as well as for the whole vision of economics based on the "production and distribution of social wealth.".
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  5. Harming Yourself and Others: A Note on the Asymmetry of Agency in Action Evaluations.Erich Rast - 2016 - Polish Journal of Philosophy, Vol. VIII, No. 2 (2014) (2):65-74.
    Principles are investigated that allow one to establish a preference ordering between possible actions based on the question of whether the acting agent himself or other agents will benefit or be harmed by the consequences of an action. It is shown that a combination of utility maximization, an altruist principle, and weak negative utilitarianism yields an ordering that seems to be intuitively appealing, although it does not necessarily reflect common everyday evaluations of actions.
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  6.  76
    Adjudication.Ben Eggleston - 2013 - In James E. Crimmins (ed.), The Bloomsbury Encyclopedia of Utilitarianism. Bloomsbury Publishing. pp. 6-8.
    A short (about 1,000 words) overview of adjudication, describing the standard view (judges should just apply the law, when possible) and two goal-oriented views: wealth maximization and the maximization of well-being – i.e., utilitarian adjudication.
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  7. A Pragmatic Argument Against Equal Weighting.Ittay Nissan-Rozen & Levi Spectre - 2019 - Synthese 196 (10):4211-4227.
    We present a minimal pragmatic restriction on the interpretation of the weights in the “Equal Weight View” regarding peer disagreement and show that the view cannot respect it. Based on this result we argue against the view. The restriction is the following one: if an agent, $$\hbox {i}$$ i, assigns an equal or higher weight to another agent, $$\hbox {j}$$ j,, he must be willing—in exchange for a positive and certain payment—to accept an offer to let a completely rational and (...)
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  8. Symmetry in Cognition, and its Reflection in Society.Miro Brada - 2016 - In Ioannis Vandoulakis (ed.), Symmetry: Art and Science. Adeilaide: International Symmetry Society. pp. 34-37.
    Cognitive tests show that identity and symmetry reflect intellect. 'Guess of other guess' creates various symmetries, while only one is right: 'absolute symmetry', which can be outvoted by the majority. Prejudices result from differences between ME (my identity) and others. Unbiased judgement is symmetrical, always in the middle: neither in favor, nor against ME. Intelligence reduces prejudices, but the lack of opportunities can counterbalance it. That's why type of bias differs in various groups: people from war zones, people in therapy, (...)
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  9. Logical Model of Personality and Cognition with Possible Applications.Miro Brada - 2016 - In Woosuk Park (ed.), KAIST/KSBS International Workshop. Daejeon: KAIST. pp. 89-100.
    Although the cognition is significant in strategic reasoning, its role has been weakly analyzed, because only the average intelligence is usually considered. For example, prisoner's dilemma in game theory, would have different outcomes for persons with different intelligence. I show how various levels of intelligence influence the quality of reasoning, decision, or the probability of psychosis. I explain my original methodology developed for my MA thesis in clinical psychology in 1998, and grant research in 1999, demonstrating the bias of the (...)
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  10. Utilitarianism.Nikil Mukerji - 2013 - In Christoph Lütge (ed.), Handbook of the Philosophical Foundations of Business Ethics. Springer. pp. 297-313.
    This chapter offers a concise discussion of classic utilitarianism which is the prototypical moral doctrine of the utilitarian family. It starts with an analysis of the classic utilitarian criterion of rightness, gives an overview over its virtues and vices, and suggests an overall assessment of its adequacy as a theory of morality. Furthermore, it briefly discusses whether classic utilitarianism holds promise as a philosophy for doing business.
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  11. Assuring, Threatening, a Fully Maximizing Theory of Practical Rationality, and the Practical Duties of Agents.Duncan MacIntosh - 2013 - Ethics 123 (4):625-656.
    Theories of practical rationality say when it is rational to form and fulfill intentions to do actions. David Gauthier says the correct theory would be the one our obeying would best advance the aim of rationality, something Humeans take to be the satisfaction of one’s desires. I use this test to evaluate the received theory and Gauthier’s 1984 and 1994 theories. I find problems with the theories and then offer a theory superior by Gauthier’s test and immune to the problems. (...)
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  12. McClennen’s Early Cooperative Solution to the Prisoner’s Dilemma.Duncan MacIntosh - 1991 - Southern Journal of Philosophy 29 (3):341-358.
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  13. Libertarian Agency and Rational Morality: Action-Theoretic Objections to Gauthier's Dispositional Soution of the Compliance Problem.Duncan MacIntosh - 1988 - Southern Journal of Philosophy 26 (4):499-525.
    David Gauthier thinks agents facing a prisoner's dilemma ('pd') should find it rational to dispose themselves to co-operate with those inclined to reciprocate (i.e., to acquire a constrained maximizer--'cm'--disposition), and to co-operate with other 'cmers'. Richmond Campbell argues that since dominance reasoning shows it remains to the agent's advantage to defect, his co-operation is only rational if cm "determines" him to co-operate, forcing him not to cheat. I argue that if cm "forces" the agent to co-operate, he is not acting (...)
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  14. Adversus Homo Economicus: Critique of Lester’s Account of Instrumental Rationality.Danny Frederick - manuscript
    In Chapter 2 of Escape from Leviathan, Jan Lester defends two hypotheses: that instrumental rationality requires agents to maximise the satisfaction of their wants and that all agents actually meet this requirement. In addition, he argues that all agents are self-interested (though not necessarily egoistic) and he offers an account of categorical moral desires which entails that no agent ever does what he genuinely feels to be morally wrong. I show that Lester’s two hypotheses are false because they cannot accommodate (...)
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  15. Interpretive Charity and Content Externalism.Daniel Dohrn - manuscript
    Interpretive charity is an important principle in devising the content of propositional attitudes and their expression. I want to argue that it does not square well with externalism about content. Although my argument clearly also applies to a principle of maximizing truth (as it requires only the true belief - component of knowledge), I will focus my attention to Timothy Williamson’s more intriguing recent proposal of maximizing knowledge.
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  16. Incommensurability, Incomparability, and Practical Reason, Ruth Chang (Ed.), Harvard University Press, 1998, 303 Pages. [REVIEW]Adam Morton - 2000 - Economics and Philosophy 16 (1):147-174.
    review of Ruth Chang's collection in which I argue that the apparent agreements between the authors disguise underlying important differences.
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  17. A Multi-Scale View of the Emergent Complexity of Life: A Free-Energy Proposal.Casper Hesp, Maxwell Ramstead, Axel Constant, Paul Badcock, Michael David Kirchhoff & Karl Friston - forthcoming - In Michael Price & John Campbell (eds.), Evolution, Development, and Complexity: Multiscale Models in Complex Adaptive Systems.
    We review some of the main implications of the free-energy principle (FEP) for the study of the self-organization of living systems – and how the FEP can help us to understand (and model) biotic self-organization across the many temporal and spatial scales over which life exists. In order to maintain its integrity as a bounded system, any biological system - from single cells to complex organisms and societies - has to limit the disorder or dispersion (i.e., the long-run entropy) of (...)
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  18.  97
    Too Much of a Good Thing: Decision-Making in Cases with Infinitely Many Utility Contributions.Christopher J. G. Meacham - forthcoming - Synthese:1-41.
    Theories that use expected utility maximization to evaluate acts have difficulty handling cases with infinitely many utility contributions. In this paper I present and motivate a way of modifying such theories to deal with these cases, employing what I call “direct difference taking”. This proposal has a number of desirable features: it’s natural and well-motivated, it satisfies natural dominance intuitions, and it yields plausible prescriptions in a wide range of cases. I then compare my account to the most plausible (...)
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  19. Taking Stock of Infinite Value: Pascal’s Wager and Relative Utilities.Paul Bartha - 2007 - Synthese 154 (1):5-52.
    Among recent objections to Pascal's Wager, two are especially compelling. The first is that decision theory, and specifically the requirement of maximizing expected utility, is incompatible with infinite utility values. The second is that even if infinite utility values are admitted, the argument of the Wager is invalid provided that we allow mixed strategies. Furthermore, Hájek has shown that reformulations of Pascal's Wager that address these criticisms inevitably lead to arguments that are philosophically unsatisfying and historically unfaithful. Both the objections (...)
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  20.  95
    Usefulness Drives Representations to Truth.Manolo Martínez - 2019 - Grazer Philosophische Studien 96 (3):319-341.
    An important objection to signaling approaches to representation is that, if signaling behavior is driven by the maximization of usefulness, then signals will typically carry much more information about agent-dependent usefulness than about objective features of the world. This sort of considerations are sometimes taken to provide support for an anti-realist stance on representation itself. The author examines the game-theoretic version of this skeptical line of argument developed by Donald Hoffman and his colleagues. It is shown that their argument (...)
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  21. Theories of Distributive Justice and Post-Apartheid South Africa.Carl Knight - 2014 - Politikon 41 (1):23-38.
    South Africa is a highly distributively unequal country, and its inequality continues to be largely along racial lines. Such circumstances call for assessment from the perspective of contemporary theories of distributive justice. Three such theories—Rawlsian justice, utilitarianism, and luck egalitarianism—are described and applied. Rawls' difference principle recommends that the worst off be made as well as they can be, a standard which South Africa clearly falls short of. Utilitarianism recommends the maximization of overall societal well-being, a goal which South (...)
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  22. Risk and Tradeoffs.Lara Buchak - 2014 - Erkenntnis 79 (S6):1091-1117.
    The orthodox theory of instrumental rationality, expected utility (EU) theory, severely restricts the way in which risk-considerations can figure into a rational individual's preferences. It is argued here that this is because EU theory neglects an important component of instrumental rationality. This paper presents a more general theory of decision-making, risk-weighted expected utility (REU) theory, of which expected utility maximization is a special case. According to REU theory, the weight that each outcome gets in decision-making is not the subjective (...)
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  23.  91
    Fool Me Once, Shame on You, Fool Me Twice, Shame on Me: The Alleged Prisoner’s Dilemma in Hobbes’s Social Contract.Necip Fikri Alican - 2019 - Dialogue and Universalism 29 (1):183-204.
    Hobbes postulates a social contract to formalize our collective transition from the state of nature to civil society. The prisoner’s dilemma challenges both the mechanics and the outcome of that thought experiment. The incentives for reneging are supposedly strong enough to keep rational persons from cooperating. This paper argues that the prisoner’s dilemma undermines a position Hobbes does not hold. The context and parameters of the social contract steer it safely between the horns of the dilemma. Specifically, in a setting (...)
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  24. Personality Model.Miro Brada - 2000 - Problem Paradise:42-43.
    In 1995, as a student of psychology inspired by natural science, I defined a logical model of personality explaining psychosis. I created (for my MA thesis, 1998 and grant research, 1999) new kind of tests assessing intelligence, creativity, prejudices, expectations to show more exact methods in psychology. During my Phd study in economics, I developed 'Maximization of Uniqueness (Originality)' model enhancing the classic utility to explain irrational motivations linking economics and psychology. Later I became computer programmer developing functional programming. (...)
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  25. Self-Subverting Principles of Choice.Michael Perkins & Donald C. Hubin - 1986 - Canadian Journal of Philosophy 16 (1):1 - 10.
    The thesis that rationality consists in the straight-forward maximization of utility has not lacked critics. Typically, however, detractors reject the Humean picture of rationality upon which it seems based; they seek to emancipate reason from the tyranny of the passions. It is, then, noteworthy when an attack on this thesis comes from ‘within the ranks.’David Gauthier's paper ‘Reason and Maximization’ is just such an attack; and for this reason, among others, it is interesting. It is not successful, though. (...)
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  26. Utilitarianism and the Moral Significance of an Individual.James Cain - 2005 - Southwest Philosophy Review 21 (1):53-60.
    Classical utilitarianism attempts to reduce the moral significance of the individual to something more basic: the value of the individual is seen as fully grounded in considerations of utility maximization. This paper criticizes this aspect of utilitarianism and tries to do so through an appeal to considerations that would be acceptable to one who embraces utilitarianism. First, an example is developed in which (1) a pair of mutually exclusive actions each yield infinite utility; (2) neither action can be said (...)
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  27.  46
    A Critical Commentary on the Zwolinski 2013 "Libertarianism and Liberty" Essays.J. C. Lester - 2014 - In Explaining Libertarianism: Some Philosophical Arguments. Buckingham, England: The University of Buckingham Press. pp. 64-84.
    The Zwolinski 2013 "libertarianism and liberty" essays on libertarianism_org are argued to have the following problems: taking libertarianism to be a "commitment" to the view that "liberty is the highest political value" ; examining and rejecting the maximization of liberty without a libertarian theory of liberty; accepting a persuasive sense of "coercion" ; misunderstandingliberty in the work place; conflating, to varying degrees, freedom of action and freedom from aggression and justice/rights/morals; focusing on logically possible clashes instead of practically possible (...)
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