Learning from Minimal Economic Models

It is argued that one can learn from minimal economic models. Minimal models are models that are not similar to the real world, do not resemble some of its features, and do not adhere to accepted regularities. One learns from a model if constructing and analysing the model affects one’s confidence in hypotheses about the world. Economic models, I argue, are often assessed for their credibility. If a model is judged credible, it is considered to be a relevant possibility. Considering such relevant possibilities may affect one’s confidence in necessity or impossibility hypotheses. Thus, one can learn from minimal economic models.

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Variability, covariation, and invariance with respect to coordinate systems in motor control: reply to Smeets and Louw (2007)

In their comment on the tolerance-noise covariation (TNC) method for decomposing variability by H. Müller and D. Sternad (2003, 2004b), J. B. J. Smeets and S. Louw show that covariation (C), as defined within the TNC method, is not invariant with respect to coordinate transformations and contend that it is, therefore, meaningless. Although the observation is correct, their interpretation is misleading in the following ways: (a) They equate covariation C with the known statistical quantity covariance and noise (N) with standard deviations. The two quantities C and N are conceptually different statistical measures. (b) Dependency on the reference frame is not only a feature of C but of all 3 components. However, such dependency is ubiquitous in motor control. (c) As the frame of reference in biological systems is poorly understood, the TNC method may afford evaluation of different coordinates for control.     

Effects of semantic and nonsemantic cued orienting tasks on associative clustering in free recall

Memory & Cognition - During presentation of a randomized list of nonadjacent associative pairs, Ss heard a cue after each word designating the task to be performed. All Ss performed two tasks....     

Economic Consciousness

Human Studies - In this article, I propose four considerations that might frame a history of economic consciousness from the pre-modern oikonomia to the modern economy. (1) Before the economy...     

ON THE IMPORTANCE OF KARL CHRISTIAN FRIEDRICH KRAUSE'S PANENTHEISM

Panentheism is an often‐discussed alternative to Classical theism, and almost any discussion of panentheism starts by way of acknowledging Karl Christian Friedrich Krause (1781–1832) as the person who coined the term.¹ However, apart from this tribute, Krause's own panentheism is almost completely unknown. In what follows, I first present a brief overview of Krause's life and correct some misconceptions of his work before I turn to the core ideas of Krause's own panentheistic system of philosophy. In brief, Krause elaborates a scientific holism that is anchored in intellectual intuition of the Absolute as the one principle of being and recognition. The task of philosophical speculation consequently is twofold: the analytic‐ascending part of philosophy proceeds by way of transcendental reflection and according to Krause enables us to obtain intellectual intuition. The synthetic‐descending part of philosophy starts by way of showing that science as a whole is an explication of the original union of the Absolute as apprehended in intellectual intuition. Once this is achieved, Krause argues that the emerging philosophy of science is most adequately referred to as “panentheism” since everything is what it is “in and through” the Absolute, while the Absolute itself is not reducible to anything in particular. I end by showing how to relate Krause's panentheism to recent philosophical discussion.     

Is there really very rapid forgetting from primary memory? The role of expectancy and item importance in short-term recall

In two experiments, subjects recalled one of two letter segments following a digit-filled retention interval. In Experiment 1, recall expectancy was manipulated by using precues that correctly informed or misinformed subjects concerning which letter segment wou;d be tested for recall. In Experiment 2, item importance was varied by precuing one segment as important but requiring that the uncued segment be recalled first. Recall performance was very low under conditions of low expectancy and low segment importance, but the slopes of the retention-functions did not demonstrate more rapid forgetting than under standard -conditions. The previous observations of very rapid forgetting from primary memory may be a function of an elevated initial recall level in the earlier studies. Our retention functions were compared with predictions of the Estes perturbation model. The findings suggested that when secondary memory processes were reduced, forgetting order information from primary memory occurred at the same rate as that estimated on the basis of previous studies using the standard distractor task.     

Set-Theoretic Absoluteness and the Revision Theory of Truth

We describe the solution of the Limit Rule Problem of Revision Theory and discuss the philosophical consequences of the fact that the truth set of Revision Theory is a complete 1/2 set.     

Beauty or function? How different mass customization toolkits affect customers' process enjoyment

Although it is widely acknowledged that mass customization (MC) increases both company and customer value, the research has neglected the possible effects of different MC toolkits on customer responses. In this study, we investigate the influence of different MC toolkits on customers' process enjoyment by manipulating the extent to which those toolkits allow customers to customize a product's functional attributes (functional MC toolkits), aesthetic attributes (aesthetic MC toolkits), or both (supreme toolkits). In addition, we examine the moderating effect of customers' ability to customize. The results of two experimental studies show that regardless of their ability to customize, customers' process enjoyment is higher with an aesthetic MC toolkit than with a functional MC toolkit. For customers with a high ability to customize, process enjoyment with a supreme toolkit is higher than process enjoyment with an aesthetic toolkit, whereas no differences exist for customers with a low ability to customize. This research contributes significantly to the existing literature on mass customization and provides managers with insights on how to more effectively develop and implement MC toolkits. Copyright © 2015 John Wiley & Sons, Ltd.     

Toby Ord,The Precipice: Existential Risk and the Future of Humanity,Bloomsbury, 2020

Ethical Theory and Moral Practice -     

Equivalence of human odometry by walk and run is indifferent to self-selected speed

Humans and other animals can measure distances nonvisually by legged locomotion. Experiments typically employ an outbound measure (M) and an inbound report (R) phase. Previous research has found distance reproduction to be maximally accurate, when gait symmetry and speed of M and R are of like kind: Successful human odometry manifests at the level of the M-R system. In the present work, M was an experimenter-set distance produced by a blindfolded participant using a primary gait (walk, run). R was always by walk. Fast and slow versions of walk and run were adopted by participants, such that when M was fast R was slow, and vice versa. Distance was underestimated when M was slower than R and overestimated when M was faster than R. However, the pattern of participant-adopted velocities indicated that it was the instructions, not the speed as such, that yielded the pattern of results. The results are interpretable through a dynamical perspective and indicate speed is an imperfection parameter acting on the attractors of the M-R system.