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Novas finanças: um estudo sobre a fragilidade da hipótese de mercados eficientes / The new finance: a study about the fragility of the efficiency market hiperlinkCosta, Tiago Alves 29 April 2008 (has links)
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Previous issue date: 2008-04-29 / The finance science, as all sciences, shows an evolutionary line and according to
Kuhn (1970), it is marked by shortly periods of knowledge accumulation. However,
according to the author, such periods are inserted with scientific revolutions. In other
words, the scientific evolution is stamped by revolutions which abandon oldfashioned
paradigm and create new ones. The revolution is followed by a period
where the researches are guided by the new paradigm and its purpose is strengthen
the own paradigm. In other way, the finance science has today a central paradigm
well-known by efficiency market hyperlink (EMH) which was witnessed and
adopted by the entire scientific community around the 70 s. And since those times,
almost entire research done in finance, mainly until the de 90 s, was leaded and done
to validate the EMH. This dissertation attempted to evidence that the finance
evolutionary line proposed by Haugen (2000) follows the same principle evidenced
by Kuhn (1970), and in the present-day, the EMH find itself in a period which
precede the scientific revolution which is called by time crisis by Kuhn (1970). This
time crisis could weaken the EMH and open a space to create a new paradigm. This
way, the proposal of dissertation is to prove how the revolutionary process will
happen in finance too, soon after, to prove what would the candidates more inclined
to replace the EMH be as a central paradigm in finance. To do so, this work
considered only two candidates: the behavioral finance and the chaos theory. To do
this analyze it was used the schooling principles nominated by Mckinley, Mone
and Moon (2002). Such authors propose that a thought must display a combination
of novelty, continuity, and scope to achieve school status in organizational theory.
The purpose of this dissertation is to do a theory ransom which intends to show the
fragility of the EMH as a central paradigm that orients the finance researches. The
dissertation concludes that the current finance faces a crisis, and in this period, the
behavioral finance displays the biggest chance to replace the EMH in the near
future, however, the chaos theory provides the bigger promise considering a far
future / A ciência das finanças, como toda ciência, apresenta uma linha evolutiva que de acordo
com Kuhn (1970) é marcada por períodos de breve acumulação de conhecimento.
Porém, de acordo com o autor, tais períodos são intercalados com revoluções
científicas. Em outras palavras, a evolução científica é marcada por revoluções que
abandonam antigos paradigmas e criam novos. Posteriormente à revolução, segue se um
período onde as pesquisas são guiadas pelo novo paradigma com o propósito de
fortalecer o próprio paradigma. De outra forma, a ciência financeira possui hoje um
paradigma central conhecido como a hipótese de mercados eficientes (HME) que foi
reconhecida e adotada pela comunidade científica por volta da década de 70. E desde
aquela época, quase toda pesquisa feita na área, principalmente até a década de 90, foi
guiada, e feita para validar e fortalecer a própria HME. Nesse sentido, este trabalho
procurou evidenciar que a linha evolucionária das finanças proposta por Haugen (2000)
segue o mesmo princípio evidenciado por Kuhn (1970), e que no momento atual, a
HME encontra-se em um período que antecede a revolução científica e que é chamado
de período de crise por Kuhn (1970). Esse período de crise, que antecede as revoluções,
poderia enfraquecer a HME e abrir espaço para a criação de um novo paradigma. Sendo
assim, o trabalho também propõe a evidenciar como que o processo de revolução
poderá acontecer em finanças, e em seguida, também propõe quais seriam os candidatos
mais propensos a substituir a HME como paradigma central em finanças. Para tanto, o
trabalho considerou apenas dois candidatos: as finanças comportamentais e a teoria do
caos. Para fazer tal análise, foram utilizados os princípios de escolarização propostos
por Mckinley, Mone e Moon (2002). Tais autores propõem que um pensamento tem que
possuir três características (novidade, continuidade e escopo) para ser considerado uma
escola em teoria organizacional. O propósito do trabalho é de um resgate teórico básico
que procura evidenciar a fragilidade da HME enquanto paradigma principal norteador
das pesquisas em finanças. Assim sendo, o trabalho conclui que as finanças atuais
enfrentam uma crise, e que nesse período, as finanças comportamentais apresentam a
maior chance de substituir a HME em um futuro próximo, porém, a teoria do caos
fornece uma promessa maior considerando um futuro mais distante
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Margaret Cavendish and Scientific Discourse in Seventeenth-Century EnglandBolander, Alisa Curtis 06 May 2004 (has links)
Although the natural philosophy of Margaret Cavendish is eclectic and uncustomary, it offers an important critique of contemporary scientific methods, especially mechanism and experimentalism. As presented in Observations upon Experimental Philosophy and Blazing World, Cavendish's natural philosophy incorporates rationalistic and subjective elements, urging contemporary natural philosophers to recognize that pure objectivity is unattainable through any method of inquiry and that reason is essential in making sense and use of scientific observation. In addition to its scientific implications, Cavendish's three-tiered model of matter presents interesting sociopolitical associations. Through her own use of metaphor and her theoretical fusion of matter and motion, Cavendish confronts the masculinist metaphors and implications of mechanism. Through the dramatization of her model of matter in the narrative Blazing World, Cavendish exposes the theoretical failings of contemporary methods and legitimizes her alternative to pure experimentalism. By envisioning a new planet to place the utopia of Blazing World, Cavendish actively uses the rational functions of the mind, showing that reason and rational matter are above all else in natural philosophy. Although Cavendish's scientific theory in some ways promotes the participation of women in natural philosophy, it becomes complicated as she simultaneously reinforces her social biases and urges a traditional class system with a monarchical government. Cavendish actively separates the gender constraints in philosophical inquiry from the social limitations placed on the lower classes to promote herself and other aristocratic women in the pursuit of natural philosophy, urging that the rational realm, where all sexes are equal, should govern scientific investigation.
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Religious directives of health, sickness and death : Church teachings on how to be well, how to be ill, and how to die in early modern EnglandElkins, Mark January 2018 (has links)
In broad terms, this thesis is a study of what Protestant theologians in early modern England taught regarding the interdependence between physical health and spirituality. More precisely, it examines the specific and complex doctrines taught regarding health-related issues in the sixteenth and seventeenth centuries, and evaluates the consistency of these messages over time. A component of the controversial Protestant-science hypothesis introduced in the early twentieth century is that advancements in science were driven by the Protestant ethic of needing to control nature and every aspect therein. This thesis challenges this notion. Within the context of health, sickness and death, the doctrine of providence evident in Protestant soteriology emphasised complete submission to God's sovereign will. Rather, this overriding doctrine negated the need to assume any control. Moreover, this thesis affirms that the directives theologians delivered governing physical health remained consistent across this span, despite radical changes taking place in medicine during the same period. This consistency shows the stability and strength of this message. Each chapter offers a comprehensive analysis on what Protestant theologians taught regarding the health of the body as well as the soul. The inclusion of more than one hundred seventy sermons and religious treatises by as many as one hundred twenty different authors spanning more than two hundred years laid a fertile groundwork for this study. The result of this work provides an extensive survey of theological teachings from these religious writers over a large span of time.
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The Darwinian revolution as a knowledge reorganization / a historical-epistemological analysis and a reception analysis based on a novel model of scientific theoriesZacharias, Sebastian 24 February 2015 (has links)
Die Dissertation leistet drei Beiträge zur Forschung: (1) Sie entwickelt ein neuartiges vierstufiges Modell wissenschaftlicher Theorien. Dieses Modell kombiniert logisch-empiristische Ansätze (Carnap, Popper, Frege) mit Konzepten von Metaphern & Narrativen (Wittgenstein, Burke, Morgan), erlaubt so deutlich präzisiere Beschreibungen wissenschaftlicher Theorien bereit und löst/mildert Widersprüche in logisch-empiristischen Modellen. (Realismus vs. Empirismus, analytische vs. synthetische Aussagen, Unterdeterminiertheit/ Holismus, wissenschaftliche Erklärungen, Demarkation) (2) Mit diesem Modell gelingt ein Reihenvergleich sechs biologischer Theorien von Lamarck (1809), über Cuvier (1811), Geoffroy St. Hilaire (1835), Chambers (1844-60), Owen (1848-68), Wallace (1855/8) zu Darwin (1859-1872). Dieser Vergleich offenbart eine interessante Asymmetrie: Vergleicht man Darwin mit je einem Vorgänger, so bestehen zahlreiche wichtige Unterschiede. Vergleicht man ihn mit fünf Vorgängern, verschwinden diese fast völlig: Darwins originärer Beitrag zur Revolution in der Biologie des 19.Jh ist klein und seine Antwort nur eine aus einer kontinuierlichen Serie auf die empirischen Herausforderungen durch Paläontologie & Biogeographie seit Ende des 18. Jh. (3) Eine gestufte Rezeptionsanalyse zeigt, warum wir dennoch von einer Darwinschen Revolution sprechen. Zuerst zeigt eine quantitative Analyse der fast 2.000 biologischen Artikel in Britannien zwischen 1858 und 1876, dass Darwinsche Konzepte zwar wichtige Neuerungen brachten, jedoch nicht singulär herausragen. Verlässt man die Biologie und schaut sich die Rezeption bei anderen Wissenschaftlern und gebildeten Laien an, wechselt das Bild: Je weiter man aus der Biologie heraustritt, desto weniger Ebenen biologischen Wissens kennen die Rezipienten und desto sichtbarer wird Darwins Beitrag. Schließlich findet sich sein Beitrag in den abstraktesten Ebenen des biologischen Wissens: in Narrativ und Weltbild – den Ebenen die Laien rezipieren. / The dissertation makes three contributions to research: (1) It develops a novel 4-level-model of scientific theories which combines logical-empirical ideas (Carnap, Popper, Frege) with concepts of metaphors & narratives (Wittgenstein, Burke, Morgan), providing a new powerful toolbox for the analysis & comparison of scientific theories and overcoming/softening contradictions in logical-empirical models. (realism vs. empiricism, analytic vs. synthetic statements, holism, theory-laden observations, scientific explanations, demarcation) (2) Based on this model, the dissertation compares six biological theories from Lamarck (1809), via Cuvier (1811), Geoffroy St. Hilaire (1835), Chambers (1844-60), Owen (1848-68), Wallace (1855/8) to Darwin (1859-1872) and reveals an interesting asymmetry: Compared to any one of his predecessors, Darwins theory appears very original, however, compared to all five predecessor theories, many of these differences disappear and it remains but a small original contribution by Darwin. Thus, Darwin’s is but one in a continuous series of responses to the challenges posed to biology by paleontology and biogeography since the end of the 18th century. (3) A 3-level reception analysis, finally, demonstrates why we speak of a Darwinian revolution nevertheless. (i) A quantitative analysis of nearly 2.000 biological articles reveals that Darwinian concepts where indeed an important theoretical innovation – but definitely not the most important of the time. (ii) When leaving the circle of biology and moving to scientists from other disciplines or educated laymen, the landscape changes. The further outside the biological community, the shallower the audience’s knowledge – and the more visible Darwin’s original contribution. After all, most of Darwin’s contribution can be found in the narrative and worldview of 19th century biology: the only level of knowledge which laymen receive.
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