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Author: Jon Doyle Publisher: Cambridge University Press ISBN: 113945515X Category : Computers Languages : en Pages : 425
Book Description
This book deploys the mathematical axioms of modern rational mechanics to understand minds as mechanical systems that exhibit actual, not metaphorical, forces, inertia, and motion. Using precise mental models developed in artificial intelligence the author analyzes motivation, attention, reasoning, learning, and communication in mechanical terms. These analyses provide psychology and economics with new characterizations of bounded rationality; provide mechanics with new types of materials exhibiting the constitutive kinematic and dynamic properties characteristic of different kinds of minds; and provide philosophy with a rigorous theory of hybrid systems combining discrete and continuous mechanical quantities. The resulting mechanical reintegration of the physical sciences that characterize human bodies and the mental sciences that characterize human minds opens traditional philosophical and modern computational questions to new paths of technical analysis.
Author: Jon Doyle Publisher: Cambridge University Press ISBN: 113945515X Category : Computers Languages : en Pages : 425
Book Description
This book deploys the mathematical axioms of modern rational mechanics to understand minds as mechanical systems that exhibit actual, not metaphorical, forces, inertia, and motion. Using precise mental models developed in artificial intelligence the author analyzes motivation, attention, reasoning, learning, and communication in mechanical terms. These analyses provide psychology and economics with new characterizations of bounded rationality; provide mechanics with new types of materials exhibiting the constitutive kinematic and dynamic properties characteristic of different kinds of minds; and provide philosophy with a rigorous theory of hybrid systems combining discrete and continuous mechanical quantities. The resulting mechanical reintegration of the physical sciences that characterize human bodies and the mental sciences that characterize human minds opens traditional philosophical and modern computational questions to new paths of technical analysis.
Author: Michael Mechanic Publisher: Simon and Schuster ISBN: 1982127236 Category : Social Science Languages : en Pages : 416
Book Description
A senior editor at Mother Jones dives into the lives of the extremely rich, showing the fascinating, otherworldly realm they inhabit—and the insidious ways this realm harms us all. Have you ever fantasized about being ridiculously wealthy? Probably. Striking it rich is among the most resilient of American fantasies, surviving war and peace, expansions and recessions, economic meltdowns and global pandemics. We dream of the jackpot, the big exit, the life-altering payday, in whatever form that takes. (Americans spent $81 billion on lottery tickets in 2019, more than the GDPs of most nations.) We would escape “essential” day jobs and cramped living spaces, bury our debts, buy that sweet spread, and bail out struggling friends and relations. But rarely do we follow the fantasy to its conclusion—to ponder the social, psychological, and societal downsides of great affluence and the fact that so few possess it. What is it actually like to be blessed with riches in an era of plagues, political rancor, and near-Dickensian economic differences? How mind-boggling are the opportunities and access, how problematic the downsides? Does the experience differ depending on whether the money is earned or unearned, where it comes from, and whether you are male or female, white or black? Finally, how does our collective lust for affluence, and our stubborn belief in social mobility, explain how we got to the point where forty percent of Americans have literally no wealth at all? These are all questions that Jackpot sets out to explore. The result of deep reporting and dozens of interviews with fortunate citizens—company founders and executives, superstar coders, investors, inheritors, lottery winners, lobbyists, lawmakers, academics, sports agents, wealth and philanthropy professionals, concierges, luxury realtors, Bentley dealers, and even a woman who trains billionaires’ nannies in physical combat, Jackpot is a compassionate, character-rich, perversely humorous, and ultimately troubling journey into the American wealth fantasy and where it has taken us.
Author: Hsiang-Ke Chao Publisher: Springer Science & Business Media ISBN: 9400724543 Category : Philosophy Languages : en Pages : 256
Book Description
This volume addresses fundamental issues in the philosophy of science in the context of two most intriguing fields: biology and economics. Written by authorities and experts in the philosophy of biology and economics, Mechanism and Causality in Biology and Economics provides a structured study of the concepts of mechanism and causality in these disciplines and draws careful juxtapositions between philosophical apparatus and scientific practice. By exploring the issues that are most salient to the contemporary philosophies of biology and economics and by presenting comparative analyses, the book serves as a platform not only for gaining mutual understanding between scientists and philosophers of the life sciences and those of the social sciences, but also for sharing interdisciplinary research that combines both philosophical concepts in both fields. The book begins by defining the concepts of mechanism and causality in biology and economics, respectively. The second and third parts investigate philosophical perspectives of various causal and mechanistic issues in scientific practice in the two fields. These two sections include chapters on causal issues in the theory of evolution; experiments and scientific discovery; representation of causal relations and mechanism by models in economics. The concluding section presents interdisciplinary studies of various topics concerning extrapolation of life sciences and social sciences, including chapters on the philosophical investigation of conjoining biological and economic analyses with, respectively, demography, medicine and sociology.
Author: Y. Narahari Publisher: Springer Science & Business Media ISBN: 1848009380 Category : Mathematics Languages : en Pages : 274
Book Description
This monograph focuses on exploring game theoretic modeling and mechanism design for problem solving in Internet and network economics. For the first time, the main theoretical issues and applications of mechanism design are bound together in a single text.
Author: Ray Dalio Publisher: Simon and Schuster ISBN: 1982112387 Category : Business & Economics Languages : en Pages : 560
Book Description
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.
Author: Dirk Bergemann Publisher: World Scientific ISBN: 981437458X Category : Business & Economics Languages : en Pages : 471
Book Description
Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
Author: Philip Mirowski Publisher: Cambridge University Press ISBN: 9780521426893 Category : Business & Economics Languages : en Pages : 468
Book Description
The development of the energy concept in Western physics and its subsequent effect on the emergence of neoclassical economics are traced to reveal how economics has sought to emulate physics, especially with regard to the theory of value.
Author: Leonid Hurwicz Publisher: Cambridge University Press ISBN: 113945434X Category : Business & Economics Languages : en Pages : 321
Book Description
A mechanism is a mathematical structure that models institutions through which economic activity is guided and coordinated. There are many such institutions; markets are the most familiar ones. Lawmakers, administrators and officers of private companies create institutions in order to achieve desired goals. They seek to do so in ways that economize on the resources needed to operate the institutions, and that provide incentives that induce the required behaviors. This book presents systematic procedures for designing mechanisms that achieve specified performance, and economize on the resources required to operate the mechanism. The systematic design procedures are algorithms for designing informationally efficient mechanisms. Most of the book deals with these procedures of design. When there are finitely many environments to be dealt with, and there is a Nash-implementing mechanism, our algorithms can be used to make that mechanism into an informationally efficient one. Informationally efficient dominant strategy implementation is also studied.
Author: Zahid A. Khan Publisher: Cambridge University Press ISBN: 1108458858 Category : Computers Languages : en Pages : 543
Book Description
Delivers a comprehensive textbook for a single-semester course in engineering economics/engineering economy for undergraduate engineering students.
Author: Jon Doyle
Author: Jon Doyle
Author: Michael Mechanic
Author: Hsiang-Ke Chao
Author: Philip Mirowski
Author: Y. Narahari
Author: Ray Dalio
Author: Dirk Bergemann
Author: Philip Mirowski
Author: Leonid Hurwicz
Author: Zahid A. Khan