The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies

The Black-Scholes-Merton Model as an Idealization of Discrete-time Economies PDF

Author: David M. Kreps

Publisher: Cambridge University Press

Published: 2019-09-19

Total Pages: 217

ISBN-13: 1108486363

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"I began this monograph (which, at the time, was a nascent paper) with the objective of understandinghow and how well continuous-time models of economic phenomena - and in particular models that employ Brownian motion - relate to "near by" discrete-time models. We know by examples that the connections are sometimes not altogether obvious; see, for instance, Fudenberg and Levine (2009) and Sadzik and Stacchetti (2015). So, it seemed to me, a general theory connecting the two types of models ought to be available"--

The Structure of Idealization

The Structure of Idealization PDF

Author: Lesz Nowak

Publisher: Springer Science & Business Media

Published: 2013-03-09

Total Pages: 364

ISBN-13: 9401576513

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Much is said in Marxist literature about Marxist methodology which is supposed to be entirely original - differing a great deal from all other trends in the modern philosophy of science. On the other hand, however, it is unfallacious to state that there are no people outside Marxism who would like to deny this statement. This has to put those who really believe that Marxism has something important to say in philosophy of science on guard: if someone says something important others usually are inclined to protest. But who is inclined to protest when it is stated that Marx em ployed both induction and deduction, a historical method and a logical one as well, synthesis, but also analysis, etc? Who is inclined to protest when it is not known what within this framework 'induction', 'deduction' 'history' or 'logic' mean? Who is inclined to protest when 'Marxist meth odology' is presented not with the aid of precise definitions and clear hypotheses but with the aid of a jungle of quotations? I think that the main malfeasance of the current 'Marxist methodology', is that of ecclecticism. The methodology of Marx is presented as a col lection of trivial and/or obscure ideas but not as a system of statements subordinated to any clear, definite viewpoint presenting a new grasp ofthe nature of scientific cognition. Search for reconstruction of Marxian meth odology as a system of the kind is the main aim of this book.

Idealization VIII

Idealization VIII PDF

Author: Jerzy Brzeziński

Publisher: Rodopi

Published: 1997

Total Pages: 340

ISBN-13: 9789042003132

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ISBN 9042003030 (paperback) NLG 45.00 Main headings: I. Philosophical and methodological problems of the process of cognition.- II. The structure of ideal learning process.- III. Control processes in memory. disillusion.

In Itinere

In Itinere PDF

Author:

Publisher: BRILL

Published: 2023-03-13

Total Pages: 256

ISBN-13: 9004457534

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The volume describes a virtual tour of the cities in which Franz Brentano and his pupils worked and lived, with a reconstruction of the intellectual climate of their time. After the Introduction, the intellectual life of Würzburg, Munich, Vienna, Prag, Lvov, Warsaw, Cambridge, Florence and Milan is presented and analyzed. The papers collected in this volume propose several answers to the following question: to what do we refer when we speak of Central European philosophy?. Interpretations of Central European philosophy have developed in at least two broad directions. An interpretation fashionable during the 1970s lumps specific philosophical achievements, especially those of Mach and Wittgenstein, characterized by research into and development of new languages, of new philosophical, scientific and artistic grammars. In this situation, literature was seen as the exploration of meanings moving towards frontiers in which reality and possibility, science and metaphor, meet and merge. On the other hands, the theme of a Central European philosophy, connected with but independent of literature, has recently been given more thorough development. The two outstanding figures to have emerged from this inquiry are those of Bernard Bolzano and Franz Brentano. With reference to Brentano in particular, it is almost as if the collapse of the Empire also erased awareness of the common origin of many diverse components of Central European philosophical and scientific thought. The Polish logical school, logical neopositivism, phenomenology, the Prague school of linguistics, analytic philosophy, Gestalt psychology, the Vienna economics school - as well as a number of individual thinkers - are all movements and groups connected in some manner with Brentano's work and teaching. Although in some respects these are movements still at the centre of interest, the overall effect, the pattern of their common and unifying aspects have been neglected if they have not entirely disappeared. It seems that the unity of this philosophical tradition was lost with the end of the geographical and political unity of the Danubian empire and with the events that accompanied its downfall. After 1918 the centres of that tradition - Vienna, Prague, Lvov, Graz - belonged to different states, and its rich network of exchanges, contacts and relationships was dismantled forever. However, there still remained something of its philosophical style in each individual school; traits which enable us to speak, as the Authors have done in this volume, of Central European philosophy.

The Heritage of Kazimierz Ajdukiewicz

The Heritage of Kazimierz Ajdukiewicz PDF

Author:

Publisher: BRILL

Published: 2023-03-13

Total Pages: 400

ISBN-13: 9004457399

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This book presents Kazimierz Ajdukiewicz's philosophy. Ajdukiewicz was one of the most distinguished and important philosophers of the contemporary Poland. He produced important ideas in logic, epistemology, philosophy of language, and ontology. He influenced Polish analytic philosophy very much. The collection gives a general account of Ajdukiewicz philosophy and it is the only full presentation of his ideas available in Western languages. The volume is of interest for everybody working in analytic philosophy.

Knowledge and Inquiry

Knowledge and Inquiry PDF

Author:

Publisher: BRILL

Published: 2023-03-27

Total Pages: 386

ISBN-13: 900445750X

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ISBN 9042000694 (paperback) NLG 50.00 Main headings: I. Historical perspectives.- II. Formal tools: induction, observation and identifiability.- III. Questions in inquiry: the interrogative model.- IV. Growth of knowledge: explanation and discovery.- V. Jaakko Hintikka: replies.- VI. Abstracts. skills in writing.