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Contingency, Time, and Possibility

Author: Pascal Massie

Publisher: Rowman & Littlefield

Published: 2011

Total Pages: 317

ISBN-13: 0739149296

If we are to distinguish mere non-being from that which is not, yet may be, from that which was not, yet could have been, or from that which will not be, yet could become, we are committed in some way to grant being to possibilities. The possible is not actual; yet it is not nothing. What then could it be? What ontological status could it possess? In Contingency, Time, and Possibility: An Essay on Aristotle and Duns Scotus, Pascal Massie opens these questions by combining two approaches: First, an original inquiry that analyses the notions of chance, fate, event, contradiction, and so forth, and suggests that the distinction between potency and act arises from a confrontation with the impossible. Second, a historical inquiry that focuses on Aristotle and Duns Scotus, two key figures contributing to a fundamental transformation in the history of Western ontology; namely, the transition from a metaphysics of nature (Aristotle) to a metaphysics of the will (Scotus). In doing so, this book departs from the prevailing interpretation of the history of modal logic according to which Scotus rejected the principle of plenitude attributed to Aristotle and replaced the ancient diachronic theory of possibilities with a synchronic one, thereby contributing to a "possible world's semantics." Rather, Massie argues that in its proper ontological import, the question of possibility concerns the limit between being and non-being and that this limit must be thought in terms of temporality. With Scotus, however, a radical shift occurs. Possibilities are understood in terms of will, creation, omnipotence, and transcending freedom. As such, they belong to the realm of what is supremely actual (i.e., superabundant activity). What used to be understood as a lesser degree of being (the quasi non-being of uninformed matter and mere possibilities) becomes the mark of omnipotence.

Contingency, Time, and Possibility

Author: Pascal Massie

Publisher: Lexington Books

Published: 2010-11-19

Total Pages: 317

ISBN-13: 0739149318

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If we are to distinguish mere non-being from that which is not, yet may be, from that which was not, yet could have been, or from that which will not be, yet could become, we are committed in some way to grant being to possibilities. The possible is not actual; yet it is not nothing. What then could it be? What ontological status could it possess? In Contingency, Time, and Possibility: An Essay on Aristotle and Duns Scotus, Pascal Massie opens these questions by combining two approaches: First, an original inquiry that analyses the notions of chance, fate, event, contradiction, and so forth, and suggests that the distinction between potency and act arises from a confrontation with the impossible. Second, a historical inquiry that focuses on Aristotle and Duns Scotus, two key figures contributing to a fundamental transformation in the history of Western ontology; namely, the transition from a metaphysics of nature (Aristotle) to a metaphysics of the will (Scotus). In doing so, this book departs from the prevailing interpretation of the history of modal logic according to which Scotus rejected the principle of plenitude attributed to Aristotle and replaced the ancient diachronic theory of possibilities with a synchronic one, thereby contributing to a Opossible worldOs semantics.O Rather, Massie argues that in its proper ontological import, the question of possibility concerns the limit between being and non-being and that this limit must be thought in terms of temporality. With Scotus, however, a radical shift occurs. Possibilities are understood in terms of will, creation, omnipotence, and transcending freedom. As such, they belong to the realm of what is supremely actual (i.e., superabundant activity). What used to be understood as a lesser degree of being (the quasi non-being of uninformed matter and mere possibilities) becomes the mark of omnipotence.

The Owner's Role in Project Risk Management

Author: National Research Council

Publisher: National Academies Press

Published: 2005-02-25

Total Pages: 102

ISBN-13: 0309181615

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Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE's risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study's primary objective was to provide DOE project managers with a basic understanding of both the project owner's risk management role and effective oversight of those risk management activities delegated to contractors.

The Nature of Contingency

Author: Alastair Wilson

Publisher: Oxford University Press, USA

Published: 2020-01-30

Total Pages: 232

ISBN-13: 0198846215

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This book defends a radical new theory of contingency as a physical phenomenon. Drawing on the many-worlds approach to quantum theory and cutting-edge metaphysics and philosophy of science, it argues that quantum theories are best understood as telling us about the space of genuine possibilities, rather than as telling us solely about actuality. When quantum physics is taken seriously in the way first proposed by Hugh Everett III, it provides the resources for a new systematic metaphysical framework encompassing possibility, necessity, actuality, chance, counterfactuals, and a host of related modal notions. Rationalist metaphysicians argue that the metaphysics of modality is strictly prior to any scientific investigation; metaphysics establishes which worlds are possible, and physics merely checks which of these worlds is actual. Naturalistic metaphysicians respond that science may discover new possibilities and new impossibilities. This book's quantum theory of contingency takes naturalistic metaphysics one step further, allowing that science may discover what it is to be possible. As electromagnetism revealed the nature of light, as acoustics revealed the nature of sound, as statistical mechanics revealed the nature of heat, so quantum physics reveals the nature of contingency.

Introductory Business Statistics (hardcover, Full Color)

Author: Alexander Holmes

Publisher:

Published: 2023-06-30

Total Pages: 0

ISBN-13: 9781998109494

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Printed in color. Introductory Business Statistics is designed to meet the scope and sequence requirements of the one-semester statistics course for business, economics, and related majors. Core statistical concepts and skills have been augmented with practical business examples, scenarios, and exercises. The result is a meaningful understanding of the discipline, which will serve students in their business careers and real-world experiences.

Contingency in International Law

Author: Ingo Venzke

Publisher: Oxford University Press

Published: 2021-04-22

Total Pages: 560

ISBN-13: 0192652907

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This book poses a question that is deceptive in its simplicity: could international law have been otherwise? Today, there is hardly a serious account left that would consider the path of international law to be necessary, and that would refute the possibility of a different law altogether. But behind every possibility of the past stands a reason why the law developed as it did. Only with a keen sense of why things turned out the way they did is it possible to argue about how the law could plausibly have turned out differently. The search for contingency in international law is often motivated, as it is in this volume, by a refusal to resign to the present state of affairs. By recovering past possibilities, this volume aims to inform projects of transformative legal change for the future. The book situates that search for contingency theoretically and carries it into practice across many fields, with chapters discussing human rights and armed conflict, migrants and refugees, the sea and natural resources, foreign investments and trade. In doing so, it shows how politically charged questions about contingency have always been.

The Blank Swan

Author: Elie Ayache

Publisher: John Wiley & Sons

Published: 2010-05-05

Total Pages: 501

ISBN-13: 0470661763

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October 19th 1987 was a day of huge change for the global finance industry. On this day the stock market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange. Experts everywhere sought to find a model for this event, and ways to simulate it in order to avoid a recurrence in the future, but the one thing that struck Elie that day was the belief that what actually happened on 19th October 1987 is simply non reproducible outside 19th October 1987 - you cannot reduce it to a chain of causes and effects, or even to a random generator, that can then be reproduced or represented in a theoretical framework. The Blank Swan is Elie's highly original treatise on the financial markets presenting a totally revolutionary rethinking of derivative pricing and technology. It is not a diatribe against Nassim Taleb's The Black Swan, but criticises the whole background or framework of predictable and unpredictable events white and black swans alike , i.e. the very category of prediction. In this revolutionary book, Elie redefines the components of the technology needed to price and trade derivatives. Most importantly, and drawing on a long tradition of philosophy of the event from Henri Bergson to Gilles Deleuze, to Alain Badiou, and on a recent brand of philosophy of contingency, embodied by the speculative materialism of Quentin Meillassoux, Elie redefines the market itself against the common perceptions of orthodox financial theory, general equilibrium theory and the sociology of finance. This book will change the way that we think about derivatives and approach the market. If anything, derivatives should be renamed contingent claims, where contingency is now absolute and no longer derivative, and the market is just its medium. The book also establishes the missing link between quantitative modelling (no longer dependent on probability theory but on a novel brand of mathematics which Elie calls the mathematics of price) and the reality of the market.

The Medium of Contingency

Author: Elie Ayache

Publisher: Springer

Published: 2016-06-15

Total Pages: 414

ISBN-13: 1137286563

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In The Medium of Contingency Elie Ayache builds upon his ground-breaking book The Blank Swan, in exploring the intersection of philosophy and finance, introducing new notions of price and market. Inverting the received view, he now sees a creation of matter in both the market and its metaphysics, rather than pure speculation. Once recognized as the proper medium of contingency and disassociated from the probabilistic and statistical tools traditionally used to model it, the market can be thought as 'real', in a new sense of reality corresponding to the new sense of matter. To bring this new and original perspective, The Medium of Contingency builds on probability theory as first formalized by von Mises and Kolmogorov, and later revisited by Shafer and Vovk. It utilises the author's extensive experience in derivatives pricing technology and software, as well as his work in the philosophy of contingency and contingent claims, to propose a new philosophical interpretation of Brownian motion and of the Black-Scholes-Merton formula. Then it completes the overturning of the traditional view of the market by arguing that there should be no difference, ultimately, between an underlying asset and the derivative written on it. This book does not aim to change the market but the way we must think of it. It is the author's conviction that there can be no philosophy of the market, and consequently no thinking of it, without a philosophy of contingent claims and of derivative pricing. The book provides the missing piece, which the philosophy of probability cannot provide alone. Its scope, however, extends beyond the strict critique of financial mathematics, as it also, and perhaps most importantly, delivers the author's definitive treatment of the philosophically prominent and recently much discussed notion of contingency.

Hegel's Systematic Contingency

Author: J. Burbidge

Publisher: Springer

Published: 2007-05-31

Total Pages: 219

ISBN-13: 0230590365

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This book shows that, far from incorporating everything into an all-consuming necessity, Hegel's philosophy requires the novelty of unexpected contingencies to maintain its systematic pretensions. John Burbidge explores how Hegel applied this approach to chemistry, biology, psychology and history, and proposes implications on contemporary science.

Contingency and Plasticity in Everyday Technologies

Author: Natasha Lushetich

Publisher: Rowman & Littlefield

Published: 2022-11-23

Total Pages: 337

ISBN-13: 1538171597

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Technology is a host of social, material, and epistemic transformation techniques, tools, and methods. The common perception of digital technology today is that it is determined, even over-determined. This volume suggests a different view: the digital is indeterminate. Mobilising insights from philosophy, art and architecture theory, mathematics, computer science and anthropology, it situates digital indeterminacy within the wider context of material and immaterial processes, causations, triggerings, and their performative working. The book’s tripartite structure reflects technology’s inherent capacity to transform knowledges, practices, and time. Part I: Social-Digital Technologies juxtaposes arguments for machinic indeterminacy to those of overdetermination in blockchain, cognitive augmentation, and digital ideology. Part II: Spatial, Temporal, Aural and Visual Technologies delves deeper into received ideas about technologies for building spatial structures, manufacturing instruments and constructing the visual space. Part III: Epistemic Technologies analyses the use of plasticity in cognitive science, contingency in thinking habits, ontogenesis in experimental computing, and divination techniques with an inbuilt margin of indeterminacy. List of contributors: Franco 'Bifo' Berardi, Iain Campbell, Stephen Darren Dougherty, Aden Evens, Oswaldo Emiddio Vasquez Hadjilyra, Stavros Kousoulas, Natasha Lushetich, Peteer Müürsepp, Luciana Parisi, Andrej Radman, Alesha Serada, Dominic Smith, Sha Xin Wei, Joel White, Ashley Woodward, and David Zeitlyn.