Results for 'wrong way risk'

968 found
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  1. An Accurate Solution for Credit Valuation Adjustment (CVA) and Wrong Way Risk.Tim Xiao - 2015 - Journal of Fixed Incom 25 (1):84-95.
    This paper presents a Least Square Monte Carlo approach for accurately calculating credit value adjustment (CVA). In contrast to previous studies, the model relies on the probability distribution of a default time/jump rather than the default time itself, as the default time is usually inaccessible. As such, the model can achieve a high order of accuracy with a relatively easy implementation. We find that the valuation of a defaultable derivative is normally determined via backward induction when their payoffs could be (...)
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  2. The Wrong Way to Protect Small Business.Jules Coleman - manuscript
    US Senate is considering legislation designed to immunize small businesses from lawsuits brought by customers alleging to have been infected with COVID-19 while on the premises. The legislation seeks to subsidize reopening small businesses by reducing their vulnerability to liability. I argue that the legislation produces worse public health outcomes than existing liability regimes, obliterates claims to redress supported by corrective justice, and unfairly burdens victims by forcing them to become de facto insurers of their injurers. In the US, where (...)
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  3. When the Risk of Harm Harms.Adriana Placani - 2017 - Law and Philosophy 36 (1):77-100.
    This essay answers two questions that continue to drive debate in moral and legal philosophy; namely, ‘Is a risk of harm a wrong?’ and ‘Is a risk of harm a harm?’. The essay’s central claim is that to risk harm can be both to wrong and to harm. This stands in contrast to the respective positions of Heidi Hurd and Stephen Perry, whose views represent prominent extremes in this debate about risks. The essay shows that (...)
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  4. (1 other version)Responding to Covid-19 in India: Reducing Risk or Increasing Domination?Kritika Maheshwari - 2022 - In Jens O. Zinn & Patrick Brown (eds.), Covid-19 and the Sociology of Risk and Uncertainty. Palgrave-Macmillan. pp. 29-52.
    During times of emergency like the pandemic itself, governments are often seen as exercising “exceptional power”. Given the state of growing urgency in responding to the pandemic, there is a worry that governments may resort to exercising their exceptional power arbitrarily—either willingly, unintentionally or perhaps even negligently. When power is exercised by states or even by non-state actors arbitrarily over a person or group, that is, at their own will in the absence of appropriate institutional checks and balances, republican theorists (...)
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  5. Ethics of the scientist qua policy advisor: inductive risk, uncertainty, and catastrophe in climate economics.David M. Frank - 2019 - Synthese:3123-3138.
    This paper discusses ethical issues surrounding Integrated Assessment Models (IAMs) of the economic effects of climate change, and how climate economists acting as policy advisors ought to represent the uncertain possibility of catastrophe. Some climate economists, especially Martin Weitzman, have argued for a precautionary approach where avoiding catastrophe should structure climate economists’ welfare analysis. This paper details ethical arguments that justify this approach, showing how Weitzman’s “fat tail” probabilities of climate catastrophe pose ethical problems for widely used IAMs. The main (...)
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  6.  78
    What's wrong with monogamy? Rethinking sex and love in the 21st Century.Nick Harding - 2023 - Dissertation, University of Southampton
    A central life goal for many people, perhaps most, worldwide, is to achieve the monogamous ideal: a happy, successful, lifelong, monogamous relationship. Many also endorse monogamism: the belief that monogamy is the only ethically acceptable relationship arrangement. And many monogamists additionally endorse monogamous idealism: the view that the monogamous ideal ought to be a central life goal for the vast majority of people. Against these socially dominant norms, this thesis – which is primarily focused on the ethics of monogamy and (...)
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  7. You are not worth the risk: Lawful discrimination in hiring.Vanessa Scholes - 2014 - Rationality, Markets and Morals 5.
    Increasing empirical research on productivity supports the use of statistical or ‘rational’ discrimination in hiring. The practice is legal for features of job applicants not covered by human rights discrimination laws, such as being a smoker, residing in a particular neighbourhood or being a particular height. The practice appears largely morally innocuous under existing philosophical accounts of wrongful discrimination. This paper argues that lawful statistical discrimination treats job applicants in a way that may be considered degrading, and is likely to (...)
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  8.  60
    The imperative of professional dementia care.Matilda Carter - 2023 - Bioethics 37 (3):292-302.
    Despite negative effects on their health and social lives, many informal carers of people living with dementia claim to be acting in accordance with a moral obligation. Indeed, feelings of failure and shame are commonly reported by those who later give up their caring responsibilities, suggesting a widespread belief that professional dementia care, whether delivered in the person's own home or in an institutional setting, ought always to be a last resort. In this paper, however, I suggest that this common (...)
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  9. Deepfakes and Dishonesty.Tobias Flattery & Christian B. Miller - 2024 - Philosophy and Technology 37 (120):1-24.
    Deepfakes raise various concerns: risks of political destabilization, depictions of persons without consent and causing them harms, erosion of trust in video and audio as reliable sources of evidence, and more. These concerns have been the focus of recent work in the philosophical literature on deepfakes. However, there has been almost no sustained philosophical analysis of deepfakes from the perspective of concerns about honesty and dishonesty. That deepfakes are potentially deceptive is unsurprising and has been noted. But under what conditions (...)
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  10. If you justifiably believe that you ought to Φ, you ought to Φ.Jonathan Way & Daniel Whiting - 2016 - Philosophical Studies 173 (7):1873-1895.
    In this paper, we claim that, if you justifiably believe that you ought to perform some act, it follows that you ought to perform that act. In the first half, we argue for this claim by reflection on what makes for correct reasoning from beliefs about what you ought to do. In the second half, we consider a number of objections to this argument and its conclusion. In doing so, we arrive at another argument for the view that justified beliefs (...)
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  11. Thought Experiments & Literary Learning.McComb Geordie - 2020 - Dissertation, University of Toronto, St. George Campus
    In my dissertation, I develop a novel approach to thought experiments and literary learning. It’s novel primarily because, unlike many prominent approaches, it has us refrain from advancing theories, from giving logical analyses, and from explicating. We are, instead, to proceed in a way inspired by Wittgenstein’s writings. We are, that is, to clarify words that give rise to problems and to clear those problems away. To clarify words, we may compare language games in which figure terms like “thought experiment.” (...)
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  12. Deepfakes, Deep Harms.Regina Rini & Leah Cohen - 2022 - Journal of Ethics and Social Philosophy 22 (2).
    Deepfakes are algorithmically modified video and audio recordings that project one person’s appearance on to that of another, creating an apparent recording of an event that never took place. Many scholars and journalists have begun attending to the political risks of deepfake deception. Here we investigate other ways in which deepfakes have the potential to cause deeper harms than have been appreciated. First, we consider a form of objectification that occurs in deepfaked ‘frankenporn’ that digitally fuses the parts of different (...)
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  13. Guilty Artificial Minds: Folk Attributions of Mens Rea and Culpability to Artificially Intelligent Agents.Michael T. Stuart & Markus Https://Orcidorg Kneer - 2021 - Proceedings of the ACM on Human-Computer Interaction 5 (CSCW2).
    While philosophers hold that it is patently absurd to blame robots or hold them morally responsible [1], a series of recent empirical studies suggest that people do ascribe blame to AI systems and robots in certain contexts [2]. This is disconcerting: Blame might be shifted from the owners, users or designers of AI systems to the systems themselves, leading to the diminished accountability of the responsible human agents [3]. In this paper, we explore one of the potential underlying reasons for (...)
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  14. Learning to Discriminate: The Perfect Proxy Problem in Artificially Intelligent Criminal Sentencing.Benjamin Davies & Thomas Douglas - 2022 - In Jesper Ryberg & Julian V. Roberts (eds.), Sentencing and Artificial Intelligence. Oxford: OUP.
    It is often thought that traditional recidivism prediction tools used in criminal sentencing, though biased in many ways, can straightforwardly avoid one particularly pernicious type of bias: direct racial discrimination. They can avoid this by excluding race from the list of variables employed to predict recidivism. A similar approach could be taken to the design of newer, machine learning-based (ML) tools for predicting recidivism: information about race could be withheld from the ML tool during its training phase, ensuring that the (...)
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  15. Fittingness First.Conor McHugh & Jonathan Way - 2016 - Ethics 126 (3):575-606.
    According to the fitting-attitudes account of value, for X to be good is for it to be fitting to value X. But what is it for an attitude to be fitting? A popular recent view is that it is for there to be sufficient reason for the attitude. In this paper we argue that proponents of the fitting-attitudes account should reject this view and instead take fittingness as basic. In this way they avoid the notorious ‘wrong kind of reason’ (...)
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  16. Czy Bóg jest w mocy działać moralnie źle? / Does God has power to act in morally wrong way?Pepliński Marek - 2015 - Filo-Sofija 30 (3):261-284.
    This paper has four parts. First outline seven several questions concerning the relation between God, his goodness, and other philosophically interesting things, especially between attributes of almightiness, goodness, and faith in God, questions different from the main question of this article. The second part presents Aquinas’s account of God’s goodness, with three ways to understand it, as God’s excellence in being, with respect of His creative activity and with respect of the morality of God’s acting. The third part of the (...)
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  17. Ethics of digital contact tracing and COVID-19: who is (not) free to go?Michael Klenk & Hein Duijf - 2020 - Ethics and Information Technology 23 (1):69-77.
    Digital tracing technologies are heralded as an effective way of containing SARS-CoV-2 faster than it is spreading, thereby allowing the possibility of easing draconic measures of population-wide quarantine. But existing technological proposals risk addressing the wrong problem. The proper objective is not solely to maximise the ratio of people freed from quarantine but to also ensure that the composition of the freed group is fair. We identify several factors that pose a risk for fair group composition along (...)
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  18. Moral Deference and Authentic Interaction.Knut Olav Skarsaune - 2016 - Journal of Philosophy 113 (7):346-357.
    The article defends a mild form of pessimism about moral deference, by arguing that deference is incompatible with authentic interaction, that is, acting in a way that communicates our own normative judgment. The point of such interaction is ultimately that it allows us to get to know and engage one another. This vindication of our intuitive resistance to moral deference is upheld, in a certain range of cases, against David Enoch’s recent objection to views that motivate pessimism by appealing to (...)
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  19. Philosophy of Devotion: The Longing for Invulnerable Ideals.Paul Katsafanas - 2022 - Oxford: Oxford University Press.
    Why do people persist in commitments that threaten their happiness, security, and comfort? Why do some of our most central, identity-defining commitments resist the effects of reasoning and critical reflection? Drawing on real-life examples, empirical psychology, and philosophical reflection, this book argues that these commitments involve an ethical stance called devotion, which plays a pervasive—but often hidden—role in human life. Devotion typically involves sacralizing certain values, goals, or relationships. To sacralize a value is to treat it as inviolable (trade-offs with (...)
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  20. Atrocity, Banality, Self-Deception.Adam Morton - 2005 - Philosophy, Psychiatry, and Psychology 12 (3):257-259.
    In lieu of an abstract, here is a brief excerpt of the content:Philosophy, Psychiatry, & Psychology 12.3 (2005) 257-259 [Access article in PDF] Atrocity, Banality, Self-Deception Adam Morton Keywords evil, self-deception, banality, atrocity, motivation When talking about evil we must make a fundamental choice about how we are to use the term. We may use it as half of the contrast "good versus evil," in which case it covers everything that is not good. That includes moral incompetence, lack of imagination, (...)
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  21. Aggregation, Beneficence, and Chance.Tom Dougherty - 2013 - Journal of Ethics and Social Philosophy 7 (2):1-19.
    It is plausible to think that it is wrong to cure many people’s headaches rather than save someone else’s life. On the other hand, it is plausible to think that it is not wrong to expose someone to a tiny risk of death when curing this person’s headache. I will argue that these claims are inconsistent. For if we keep taking this tiny risk then it is likely that one person dies, while many others’ headaches are (...)
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  22.  95
    Population, Consumption & Climate Colonialism.Patrick Hassan - forthcoming - Journal of Population and Sustainability.
    Strategies for combating climate change which advocate for human population limitation have recently been understandably criticised on the grounds that they embody a form of 'climate colonialism': a moral wrong that involves disproportionally shifting the burdens of climate change onto developing, historically exploited nations (which have low per capita emissions but high fertility rates) in order to offset burdens in affluent nations (which have high per capita emissions but low fertility rates). This article argues that once the relevance of (...)
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  23. Thick Concepts.Brent G. Kyle - 2016 - Internet Encyclopedia of Philosophy.
    A term expresses a thick concept if it expresses a specific evaluative concept that is also substantially descriptive. It is a matter of debate how this rough account should be unpacked, but examples can help to convey the basic idea. Thick concepts are often illustrated with virtue concepts like courageous and generous, action concepts like murder and betray, epistemic concepts like dogmatic and wise, and aesthetic concepts like gaudy and brilliant. These concepts seem to be evaluative, unlike purely descriptive concepts (...)
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  24. Why Luck Egalitarianism Fails in Condemning Oppression.Cynthia A. Stark - 2020 - Feminist Philosophy Quarterly 6 (4).
    Luck egalitarianism has been criticized for condoning some cases of oppression and condemning others for the wrong reason—namely, that the victims were not responsible for their oppression. Oppression is unjust, however, the criticism says, regardless of whether victims are responsible for it, simply because it is contrary to the equal moral standing of persons. I argue that four luck egalitarian responses to this critique are inadequate. Two address only the first part of the objection and do so in a (...)
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  25. Eva van Baarle and Peter Olsthoorn (2023) Resilience : a care ethical Perspective. Ethics and Armed Forces.Peter Olsthoorn - 2023 - Ethics and Armed Forces 2023 (1):30-35.
    Not only the direct physical experiences of deployment can severely harm soldiers’ mental health. Witnessing violations of their moral principles by the enemy, or by their fellow soldiers and superiors, can also have a devastating impact. It can cause soldiers’ moral disorientation, increasing feelings of shame, guilt, or hate, and the need for general answers on questions of right and wrong. Various attempts have been made to keep soldiers mentally sane. One is to provide convincing causes for their deployment, (...)
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  26. Accountability and Intervening Agency: An Asymmetry between Upstream and Downstream Actors.Saba Bazargan-Forward - 2017 - Utilitas 29 (1):110-114.
    Suppose someone (P1) does something that is wrongful only in virtue of the risk that it will enable another person (P2) to commit a wrongdoing. Suppose further that P1’s conduct does indeed turn out to enable P2’s wrongdoing. The resulting wrong is agentially mediated: P1 is an enabling agent and P2 is an intervening agent. Whereas the literature on intervening agency focuses on whether P2’s status as an intervening agent makes P1’s conduct less bad, I turn this issue (...)
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  27. Existential risk from AI and orthogonality: Can we have it both ways?Vincent C. Müller & Michael Cannon - 2021 - Ratio 35 (1):25-36.
    The standard argument to the conclusion that artificial intelligence (AI) constitutes an existential risk for the human species uses two premises: (1) AI may reach superintelligent levels, at which point we humans lose control (the ‘singularity claim’); (2) Any level of intelligence can go along with any goal (the ‘orthogonality thesis’). We find that the singularity claim requires a notion of ‘general intelligence’, while the orthogonality thesis requires a notion of ‘instrumental intelligence’. If this interpretation is correct, they cannot (...)
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  28. Exploitation and the Desirability of Unenforced Law.Robert C. Hughes - 2024 - Business Ethics Quarterly 34 (3):471-493.
    Many business transactions and employment contracts are wrongfully exploitative despite being consensual and beneficial to both parties, compared with a nontransaction baseline. This form of exploitation can present governments with a dilemma. Legally permitting exploitation may send the message that the public condones it. In some economic conditions, coercively enforced antiexploitation law may harm the people it is intended to help. Under these conditions, a way out of the dilemma is to enact laws with provisions that lack coercive enforcement. Noncoercive (...)
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  29. Consent in Clinical Research.Collin O'Neill - 2017 - In Peter Schaber & Andreas Müller (eds.), The Routledge Handbook of the Ethics of Consent. New York, NY: Routledge. pp. 297-310.
    This article addresses two areas of continuing controversy about consent in clinical research: the question of when consent to low risk research is necessary, and the question of when consent to research is valid. The article identifies a number of considerations relevant to determining whether consent is necessary, chief of which is whether the study would involve subjects in ways that would (otherwise) infringe their rights. When consent is necessary, there is a further question of under what conditions consent (...)
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  30. Zarar İlkesi Üzerine: Üç Temel Eleştiriyi Tartışmak.Utku Ataş - 2024 - Kaygı. Bursa Uludağ Üniversitesi Fen-Edebiyat Fakültesi Felsefe Dergisi 23 (1):68-93.
    Turkish Bu makalede bireylerin eylemlerine müdahale etmenin tek haklı gerekçesinin başkalarına zarar gelmesini önlemek olduğunu ifade eden ‘‘zarar ilkesine (Zİ)’’ getirilen üç eleştiriyi tartıştım. Öncelikle ilkeyi anlamlı kılabilecek bir zarar tarifinin bulunmadığı eleştirisini ele alarak bu eleştirinin, ilkenin ancak problemsiz bir zarar tanımı ile birlikte makul kabul edilebileceği varsayımına dayandığını tespit ettim. Zarar kavramına ilişkin var olan bilgi dağarcığımızı görmezden gelmesi ve zarara başvuran ilkeler haricindeki diğer birçok ilkeyi de kapsayan genel bir şüpheciliğin önünü açması nedeniyle ilgili varsayımı reddetmemiz gerektiğini (...)
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  31. Ways to be Blameworthy: Rightness, Wrongness, and Responsibility, by Elinor Mason. [REVIEW]Gunnar BjÖrnsson & Krister Bykvist - 2021 - Mind 130 (519):978-986.
    Ways to be Blameworthy: Rightness, Wrongness, and Responsibility, by Elinor Mason. Oxford: Oxford University Press, 2019. Pp. viii + 227.
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  32. Three Ways of Getting it Wrong: Induction in Wonderland.Brendan Shea - 2009 - In William Irwin & Richard Brian Davis (eds.), Alice in Wonderland and Philosophy: Curiouser and Curiouser. Wiley. pp. 93-107.
    Alice encounters at least three distinct problems in her struggles to understand and navigate Wonderland. The first arises when she attempts to predict what will happen in Wonderland based on what she has experienced outside of Wonderland. In many cases, this proves difficult -- she fails to predict that babies might turn into pigs, that a grin could survive without a cat or that playing cards could hold criminal trials. Alice's second problem involves her efforts to figure out the basic (...)
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  33. The wrongs of racist beliefs.Rima Basu - 2018 - Philosophical Studies 176 (9):2497-2515.
    We care not only about how people treat us, but also what they believe of us. If I believe that you’re a bad tipper given your race, I’ve wronged you. But, what if you are a bad tipper? It is commonly argued that the way racist beliefs wrong is that the racist believer either misrepresents reality, organizes facts in a misleading way that distorts the truth, or engages in fallacious reasoning. In this paper, I present a case that challenges (...)
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  34. Risk, Responsibility, and Procreative Asymmetries.Rivka Weinberg - 2021 - In Stephen M. Gardiner (ed.), The Oxford Handbook of Intergenerational Ethics. Oxford University Press.
    The author argues for a theory of responsibility for outcomes of imposed risk, based on whether it was permissible to impose the risk. When one tries to apply this persuasive model of responsibility for outcomes of risk imposition to procreation, which is a risk imposing act, one finds that it doesn’t match one’s intuitions about responsibility for outcomes of procreative risk. This mismatch exposes a justificatory gap for procreativity, namely, that procreation cannot avail itself of (...)
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  35. Taking Risks on Behalf of Another.Johanna Thoma - 2023 - Philosophy Compass 18 (3):e12898.
    A growing number of decision theorists have, in recent years, defended the view that rationality is permissive under risk: Different rational agents may be more or less risk-averse or risk-inclined. This can result in them making different choices under risk even if they value outcomes in exactly the same way. One pressing question that arises once we grant such permissiveness is what attitude to risk we should implement when choosing on behalf of other people. Are (...)
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  36. Wrongness, Responsibility, and Conscientious Refusals in Health Care.Alida Liberman - 2017 - Bioethics 31 (7):495-504.
    In this article, I address what kinds of claims are of the right kind to ground conscientious refusals. Specifically, I investigate what conceptions of moral responsibility and moral wrongness can be permissibly presumed by conscientious objectors. I argue that we must permit HCPs to come to their own subjective conclusions about what they take to be morally wrong and what they take themselves to be morally responsible for. However, these subjective assessments of wrongness and responsibility must be constrained in (...)
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  37. On Risk-Based Arguments for Anti-natalism.Erik Magnusson - 2022 - Journal of Value Inquiry 56 (1):101-117.
    In this paper, I explore the prospects for risk-based arguments in favour of anti-natalism, which explain the wrongness of procreation in terms of wrongful risk-imposition on the resultant child. After considering and rejecting two risk-based arguments from the existing literature - David Benatar's and Matti Häyry's - I propose a more promising version that focuses on the lack of appropriate justification for imposing the risks of existence, namely, one that refers to the essential interests of the child (...)
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  38.  71
    Aggregating Small Risks of Serious Harms.Tomi Francis - manuscript
    According to Partial Aggregation, a serious harm can be outweighed by a large number of somewhat less serious harms, but can outweigh any number of trivial harms. In this paper, I address the question of how we should extend Partial Aggregation to cases of risk, and especially to cases involving small risks of serious harms. I argue that, contrary to the most popular versions of the ex ante and ex post views, we should sometimes prevent a small risk (...)
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  39. Epistemic Risk and the Demands of Rationality.Richard Pettigrew - 2022 - Oxford, UK: Oxford University Press.
    How much does rationality constrain what we should believe on the basis of our evidence? According to this book, not very much. For most people and most bodies of evidence, there is a wide range of beliefs that rationality permits them to have in response to that evidence. The argument, which takes inspiration from William James' ideas in 'The Will to Believe', proceeds from two premises. The first is a theory about the basis of epistemic rationality. It's called epistemic utility (...)
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  40. (1 other version)Taking AI Risks Seriously: a New Assessment Model for the AI Act.Claudio Novelli, Casolari Federico, Antonino Rotolo, Mariarosaria Taddeo & Luciano Floridi - 2023 - AI and Society 38 (3):1-5.
    The EU proposal for the Artificial Intelligence Act (AIA) defines four risk categories: unacceptable, high, limited, and minimal. However, as these categories statically depend on broad fields of application of AI, the risk magnitude may be wrongly estimated, and the AIA may not be enforced effectively. This problem is particularly challenging when it comes to regulating general-purpose AI (GPAI), which has versatile and often unpredictable applications. Recent amendments to the compromise text, though introducing context-specific assessments, remain insufficient. To (...)
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  41. Making Risk-Benefit Assessments of Medical Research Protocols.Alex Rajczi - 2004 - Journal of Law, Medicine and Ethics 32 (2):338-348.
    An axiom of medical research ethics is that a protocol is moral only if it has a “favorable risk-benefit ratio”. This axiom is usually interpreted in the following way: a medical research protocol is moral only if it has a positive expected value -- that is, if it is likely to do more good (to both subjects and society) than harm. I argue that, thus interpreted, the axiom has two problems. First, it is unusable, because it requires us to (...)
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  42. The right and the wrong kind of reasons.Jan Gertken & Benjamin Kiesewetter - 2017 - Philosophy Compass 12 (5):e12412.
    In a number of recent philosophical debates, it has become common to distinguish between two kinds of normative reasons, often called the right kind of reasons (henceforth: RKR) and the wrong kind of reasons (henceforth: WKR). The distinction was first introduced in discussions of the so-called buck-passing account of value, which aims to analyze value properties in terms of reasons for pro-attitudes and has been argued to face the wrong kind of reasons problem. But nowadays it also gets (...)
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  43. Risk and value.John T. Sanders - 1996 - A.S.V.I. News 1996 (Spring):4-5.
    Which risks are bad? This is not an easy question to answer in any non-circular way. Not only are risks sought out for various reasons, but risks are plainly discounted in many situations. What may seem "risky" when examined all by itself, may not seem risky when encountered in a real lived situation. Thus risks that are imposed by others, in particular, might seem horrendous when considered in abstraction, but quite acceptable when encountered in life. What we need to do, (...)
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  44. On Risk and Rationality.Brad Armendt - 2014 - Erkenntnis 79 (S6):1-9.
    It is widely held that the influence of risk on rational decisions is not entirely explained by the shape of an agent’s utility curve. Buchak (Erkenntnis, 2013, Risk and rationality, Oxford University Press, Oxford, in press) presents an axiomatic decision theory, risk-weighted expected utility theory (REU), in which decision weights are the agent’s subjective probabilities modified by his risk-function r. REU is briefly described, and the global applicability of r is discussed. Rabin’s (Econometrica 68:1281–1292, 2000) calibration (...)
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  45. Acceptable Risk.Cory Wimberly - 2015 - In Frederick F. Wherry (ed.), The Sage Encyclopedia of Economics and Society. Sage Publications.
    Perhaps the topic of acceptable risk never had a sexier and more succinct introduction than the one Edward Norton, playing an automobile company executive, gave it in Fight Club: “Take the number of vehicles in the field (A), multiply it by the probable rate of failure (B), and multiply the result by the average out of court settlement (C). A*B*C=X. If X is less than the cost of the recall, we don’t do one.” Of course, this dystopic scene also (...)
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  46. 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 (...)
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  47. Lying, risk and accuracy.Sam Fox Krauss - 2017 - Analysis 77 (4):726-734.
    Almost all philosophers agree that a necessary condition on lying is that one says what one believes to be false. But, philosophers haven’t considered the possibility that the true requirement on lying concerns, rather, one’s degree-of-belief. Liars impose a risk on their audience. The greater the liar’s confidence that what she asserts is false, the greater the risk she’ll think she’s imposing on the dupe, and, therefore, the greater her blameworthiness. From this, I arrive at a dilemma: either (...)
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  48. (1 other version)Risk, Rationality and (Information) Resistance: De-rationalizing Elite-group Ignorance.Xin Hui Yong - 2023 - Erkenntnis:1-17.
    There has been a movement aiming to teach agents about their privilege by making the information about their privilege as costless as possible. However, some argue that in risk-sensitive frameworks, such as Lara Buchak’s (2013), it can be rational for privileged agents to shield themselves from learning about their privilege, even if the information is costless and relevant. This threatens the efficacy of these information-access efforts in alleviating the problem of elite-group ignorance. In response, I show that even within (...)
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  49. Risk, Harm and Intervention: the case of child obesity.Michael S. Merry & Kristin Voigt - 2014 - Medicine, Health Care and Philosophy 17 (2):191-200.
    In this paper we aim to demonstrate the enormous ethical complexity that is prevalent in child obesity cases. This complexity, we argue, favors a cautious approach. Against those perhaps inclined to blame neglectful parents, we argue that laying the blame for child obesity at the feet of parents is simplistic once the broader context is taken into account. We also show that parents not only enjoy important relational prerogatives worth defending, but that children, too, are beneficiaries of that relationship in (...)
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  50. Evaluating extreme risks in invasion ecology: learning from banking compliance.James Franklin, Mark Burgman, Scott Sisson & J. K. Martin - 2008 - Diversity and Distributions 14:581-591.
    methods that have shown promise for improving extreme risk analysis, particularly for assessing the risks of invasive pests and pathogens associated with international trade. We describe the legally inspired regulatory regime for banks, where these methods have been brought to bear on extreme ‘operational risks’. We argue that an ‘advocacy model’ similar to that used in the Basel II compliance regime for bank operational risks and to a lesser extent in biosecurity import risk analyses is ideal for permitting (...)
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