100 entries most recently downloaded from the set: "Subject = B Philosophy. Psychology. Religion" in "LSE Theses Online"

This set has the following status: partial.
  1. Causal models and algorithmic fairness.Fabian Beigang - unknown
    This thesis aims to clarify a number of conceptual aspects of the debate surrounding algorithmic fairness. The particular focus here is the role of causal modeling in defining criteria of algorithmic fairness. In Chapter 1, I argue that in the discussion of algorithmic fairness, two fundamentally distinct notions of fairness have been conflated. Subsequently, I propose that what is usually taken to be the problem of algorithmic fairness should be divided into two subproblems, the problem of predictive fairness, and the (...)
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  2. Society as an experiment? Reading Nietzsche on the margins of social theory.Dominika Partyga - unknown
    This thesis explores the absent parameters of the ‘social’ in Nietzsche’s works alongside its reception in contemporary political and social theory, responding to renewed concerns with his class racism. Departing from his unsettling ideas on a caste society, breeding and slavery, I argue that Nietzsche’s contemporary reception across the left and right has to be understood as a site of dissonant rhetorical effects. Rather than technically reconstruct Nietzsche’s anti-social positions, I theorize how the hierarchical organisation of the texts facilitates readers’ (...)
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  3. The ethics of negotiation.Charles N. C. Sherwood - unknown
    I argue for the following: (1) Negotiation is a social construct whereby the parties seek to resolve differences and promote cooperation through a process rooted in mutual consent. (2) Negotiation is a feature of imperfect markets. Where there is a negotiated agreement, there is typically a significant cooperative surplus and, instead of a single market price, a range of possibilities as to how that cooperative surplus may be divided between the parties. The purpose of negotiation is to determine exactly where (...)
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  4. Towards a mature science of other minds.Charles Aaron Beasley - unknown
    From humble beginnings, minds in the natural world have come to take on endless forms. Yet, our best way of studying these minds has come up short. By its own lights, comparative cognitive science has repeatedly struggled to achieve the goals that it has set out for itself. Why is this, and what can be done about it? This dissertation is directed at answering these questions. It does so in two parts. The first addresses the issue of replication; both the (...)
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  5. Judging politically: Kant’s public right revisited.Thomas Bailey - unknown
    This thesis offers a novel reading of Kant’s Doctrine of Right. It argues that The Doctrine of Right is plausibly read as a sustained exercise in practical political judgment. In the text, Kant reflexively formulates principles of political judgment – including the formal principle of political judgment – the idea of the general united will. According to this principle, to judge politically is to judge as a citizen. The thesis offers this interpretation in contrast to the mainstream of current scholarship (...)
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  6. Kinds and classification in consciousness science.Cecily Whiteley - 2022 - Dissertation, London School of Economics
    Understanding the biological basis of consciousness is one of the central challenges for modern science. Is a mature scientific explanation really possible, and if so, how should consciousness science be organized so as to achieve this? This thesis is a collection of four papers which approach these questions via an account of the natural categories or ‘kinds’, drawn from philosophy of science, to which paradigmatic mental phenomena like consciousness belong. The central claims defended in the thesis are twofold. Firstly, that (...)
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  7. The corporation, its normative significance, and the social egalitarian case for stakeholder theory.David Henry Coombs - 2022 - Dissertation, London School of Economics
    There are two important debates in business ethics that centre on the limited liability business corporation (the corporation). The first debate is whether the corporation has a special normative significance because of its legal form, which means that it comes with special moral responsibilities that are different to moral responsibilities in other, non-corporate contexts. The second debate is whether an egalitarian society should normatively regulate the corporation with stakeholder theory or shareholder value maximisation, where stakeholder theory requires that the corporation (...)
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  8. Conceptualizing uncertainty: the IPCC, model robustness and the weight of evidence.Margherita Harris - 2021 - Dissertation, London School of Economics
    The aim of this thesis is to improve our understanding of how to assess and communicate uncertainty in areas of research deeply afflicted by it, the assessment and communication of which are made more fraught still by the studies’ immediate policy implications. The IPCC is my case study throughout the thesis, which consists of three parts. In Part 1, I offer a thorough diagnosis of conceptual problems faced by the IPCC uncertainty framework. The main problem I discuss is the persistent (...)
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  9. Measuring freedom, and its value.Nicolas Cote - 2021 - Dissertation, London School of Economics
    This thesis concerns the measurement of freedom, and its value. Specifically, I am concerned with three overarching questions. First, can we measure the extent of an individual’s freedom? It had better be that we can, otherwise much ordinary and intuitive talk that we would like to vindicate – say, about free persons being freer than slaves – will turn out to be false or meaningless. Second, in what ways is freedom valuable, and how is this value measured? It matters, for (...)
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  10. The problem of model selection and scientific realism.Stanislav Larski - unknown
    This thesis has two goals. Firstly, we consider the problem of model selection for the purposes of prediction. In modern science predictive mathematical models are ubiquitous and can be found in such diverse fields as weather forecasting, economics, ecology, mathematical psychology, sociology, etc. It is often the case that for a given domain of inquiry there are several plausible models, and the issue then is how to discriminate between them – this is the problem of model selection. We consider approaches (...)
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  11. Scientific uncertainty and decision making.Seamus Bradley - 2012 - Dissertation, London School of Economics
    It is important to have an adequate model of uncertainty, since decisions must be made before the uncertainty can be resolved. For instance, flood defenses must be designed before we know the future distribution of flood events. It is standardly assumed that probability theory offers the best model of uncertain information. I think there are reasons to be sceptical of this claim. I criticise some arguments for the claim that probability theory is the only adequate model of uncertainty. In particular (...)
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  12. Neo-Nagelian reduction: a statement, defence, and application.Foad Dizadji-Bahmani - 2011 - Dissertation, London School of Economics
    The thesis proposes, defends, and applies a new model of inter-theoretic reduction, called "Neo-Nagelian" reduction. There are numerous accounts of inter-theoretic reduction in the philosophy of science literature but the most well-known and widely-discussed is the Nagelian one. In the thesis I identify various kinds of problems which the Nagelian model faces. Whilst some of these can be resolved, pressing ones remain. In lieu of the Nagelian model, other models of inter-theoretic reduction have been proposed, chief amongst which are so-called (...)
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  13. Philosophical foundations of neuroeconomics: economics and the revolutionary challenge from neuroscience.Roberto Fumagalli - 2011 - Dissertation, London School of Economics
    This PhD thesis focuses on the philosophical foundations of Neuroeconomics, an innovative research program which combines findings and modelling tools from economics, psychology and neuroscience to account for human choice behaviour. The proponents of Neuroeconomics often manifest the ambition to foster radical modifications in the accounts of choice behaviour developed by its parent disciplines. This enquiry provides a philosophically informed appraisal of the potential for success and the relevance of neuroeconomic research for economics. My central claim is that neuroeconomists can (...)
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  14. What is truth?Arhat Singh Virdi - unknown
    I defend the correspondence theory of truth, according to which a statement’s truth consists in a relation of correspondence with extralinguistic fact. There are well-known objections to this view, which I consider and rebut, and also important rival accounts, principal among which are so-called deflationist theories and epistemic theories. Epistemic theories relate the concept of truth to our state of knowledge, but fail, I argue, to respect the crucial distinction between a criterion of truth and the meaning of truth: the (...)
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  15. Studies in the concept of ideology: from the Hegelian dialectic to western Marxism.David Edward Stephen MacGregor - unknown
    Ideology is interpreted broadly in this study as consciousness, where consciousness is the relation of knowledge to its object. This thesis investigates the connection between Hegel’s theory of consciousness and society and Marx’s political and social thought. It shows that many discoveries, previously considered to be those of Marx alone, like surplus-value and the transition from capitalism to communism, were first developed and employed by Hegel. The study also demonstrates that key concepts, which remain only implicit in Marx, such as (...)
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  16. Towards a pluralistic view of formal methods.Ko-Hung Kuan - 2020 - Dissertation, London School of Economics
    This thesis is a collection of three self-contained papers on related themes in the area of formal and social epistemology. The first paper explores the possibility of measuring the coherence of a set with multiplicative averaging. It has been pointed out that all the existing probabilistic measures of coherence are flawed for taking the relevance between a set of propositions as the primary factor which determines the coherence of the set. What I show in this paper is that a group (...)
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  17. Information technology as ontology: a phenomenological investigation into information technology and strategy in-the-world.Fernando Ilharco - 2002 - Dissertation, University of London
    This dissertation offers a phenomenological approach to the comprehension of Information Technology and Strategy, and of the relationships between these two phenomena. We argue that in order thoughtfully to understand the manifold connections between IT and Strategy, their contradictions, shortcomings, and possibilities, one has to rely on the essence of each of these phenomena. The rationale of this approach implied the need to make explicit the ontological assumptions on which the investigation relies. An essential uncovering of that which IT and (...)
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  18. Promoting social norms via microeconomics teaching.Kamilla Haworth Buchter - 2020 - Dissertation, London School of Economics
    In this thesis I argue that one way scientific descriptions can become self-fulfilling is by promoting social norms among the people they are disseminated to. Identifying this mechanism will enable us to change unwanted social implications caused by it. To make the argument, I rely on the definition of social norms given by Bicchieri [2006] in The Grammar of Society and use the case of microeconomics as it is presented in university textbooks. Thus, the aim of the thesis is to (...)
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  19. Economics and the laboratory: some philosophical and methodological problems facing experimental economics.Francesco Guala - 1999 - Dissertation, London School of Economics and Political Science
    Laboratory experimentation was once considered impossible or irrelevant in economics. Recently, however, economic science has gone through a real ‘laboratory revolution’, and experimental economics is now a most lively subfield of the discipline. The methodological advantages and disadvantages of controlled experimentation constitute the main subject of this thesis. After a survey of the literature on experiments in philosophy and economics, the problem of testing normative theories of rationality is tackled. This philosophical issue was at the centre of a famous controversy (...)
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  20. Epistemological issues in the theory of Chinese medicine.Hai Hong - 2012 - Dissertation, London School of Economics and Political Science
    Traditional Chinese Medicine has been criticized for being unscientific because the theory on which it is based involves entities like qi and ’meridians’ that appear ambiguous and because the internal ‘organs’ like the kidney and the spleen are very different from those of modern anatomy and physiology. Even more so, TCM methods of therapy based on the yin-yang principle, the model of the five elements, and the classification of illnesses according to standard constellations of symptoms are largely unproven by the (...)
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  21. How to be a scientific realist (if at all): a study of partial realism.Dean Peters - 2012 - Dissertation, London School of Economics
    "Partial realism" is a common position in the contemporary philosophy of science literature. It states that the "essential" elements of empirically successful scientific theories accurately represent corresponding features the world. This thesis makes several novel contributions related to this position. Firstly, it offers a new definition of the concept of “empirical success”, representing a principled merger between the use-novelty and unification accounts. Secondly, it provides a comparative critical analysis of various accounts of which elements are "essential" to the success of (...)
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  22. A critique of pure public reason.Esha Senchaudhuri - 2011 - Dissertation, London School of Economics
    Contemporary political liberalism defends the view that any legitimate law ought to be justified to those reasonable citizens subject to it. A standard way in which to accomplish this task is to construct a set of public reasons, comprised of constitutional essentials and public democratic values, which are then used to justify all political mandates. The dissertation begins with a criticism of this process of justification for outcomes of legitimate procedures of public decision-making. It argues that given how reasons contribute (...)
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  23. One-by-one: moral theory for separate persons.Bastian Steuwer - 2020 - Dissertation, London School of Economics
    You and I lead different lives. While we share a society and a world, our existence is separate from one another. You and I matter individually, by ourselves. My dissertation is about this simple thought. I argue that this simple insight, the separateness of persons, tells us something fundamental about morality. My dissertation seeks to answer how the separateness of persons matters. I develop a precise view of the demands of the separateness of persons. The separateness of persons imposes both (...)
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  24. Rationality, decisions and large worlds.Mareile Drechsler - 2012 - Dissertation, London School of Economics
    Taking Savage's subjective expected utility theory as a starting point, this thesis distinguishes three types of uncertainty which are incompatible with Savage's theory for small worlds: ambiguity, option uncertainty and state space uncertainty. Under ambiguity agents cannot form a unique and additive probability function over the state space. Option uncertainty exists when agents cannot assign unique consequences to every state. Finally, state space uncertainty arises when the state space the agent constructs is not exhaustive, such that unforeseen contingencies can occur. (...)
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  25. Doing the best one can.Ittay Nissan-Rozen - 2011 - Dissertation, London School of Economics
    The thesis explores the question of how should a rational moral agent reason and make choices when he finds himself accepting inconsistent moral judgments. It is argued that it is both conceptually and psychologically justified to describe such an agent as suffering from uncertainty. Such uncertainty, however, is not uncertainty regarding the truth of some descriptive claim, but rather uncertainty regarding the truth of a normative claim. Specifically it is uncertainty regarding the truth of a moral judgement. In the literature (...)
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  26. Reasons, rationality and preferences.Stuart Yasgur - 2011 - Dissertation, London School of Economics
    The theory of choice receives formal treatment in decision theory, game theory and substantial parts of economics. However there is cause for concern that the formal treatment of the subject has advanced beyond the substantive grounds on which it relies. For, the formal theories fundamentally rely on a concept of preference, which is itself lacking a viable substantive interpretation. Indeed the challenges to the substantive interpretation of ‘preference’ threaten to undermine the standard arguments used to justify the completeness and transitivity (...)
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  27. Kant and political willing.Paola Romero - 2019 - Dissertation, London School of Economics and Political Science
    This thesis makes two claims: first, that conflict is constitutive of human agency, and second, that this understanding of agency in terms of conflict makes politics a problem about the will. I develop an argument to show how these two claims weave together to create the fabric of Kant’s account of political willing. From this Kantian approach to conflict and agency, the systematic question animating this thesis thereby arises: what are the conditions that make political willing possible? This thesis defends (...)
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  28. The problem of granularity for scientific explanation.David Kinney - 2019 - Dissertation, London School of Economics and Political Science (Lse)
    This dissertation aims to determine the optimal level of granularity for the variables used in probabilistic causal models. These causal models are useful for generating explanations in a number of scientific contexts. In Chapter 1, I argue that there is rarely a unique level of granularity at which a given phenomenon can be causally explained, thereby rejecting various causal exclusion arguments. In Chapter 2, I consider several recent proposals for measuring the explanatory power of causal explanations, and show that these (...)
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  29. The doing/allowing distinction: causal relevance and moral significance.Camilla Francesca Colombo - 2018 - Dissertation, London School of Economics and Political Science
    Intuitively, an agent who does harm behaves differently from an agent who allows harm to happen. This thesis examines the distinction between doing harm and merely allowing it to occur. I argue that this distinction is morally relevant, and doing harm is harder to justify than allowing harm, but that there is not always a fact of the matter how the distinction ought to be drawn. In Chapters 1 and 2, I survey the main alternative accounts for explaining the difference (...)
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  30. The idea of equality in English political thought.B. C. Parekh - 1966 - Dissertation, London School of Economics and Political Science
    An attempt is made here to examine the analysis three political thinkers - Thomas Paine, William Godwin, and Jeremy Bentham have offered of the idea of equality. The inquiry underrtaken is philosophical and not historical in character, since no attempt is made either at tracing the influence ht the biographical-cum-intellectual level of one of them upon the other or at treating their ideas on equality as born out of their preoccupation with the same problem to which they give various answers (...)
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  31. Philosophical and ethical aspects of economic design.Philippe van Basshuysen - 2019 - Dissertation, London School of Economics and Political Science
    This thesis studies some philosophical and ethical issues that economic design raises. Chapter 1 gives an overview of economic design and argues that a crossfertilisation between philosophy and economic design is possible and insightful for both sides. Chapter 2 examines the implications of mechanism design for theories of rationality. I show that non-classical theories, such as constrained maximization and team reasoning, are at odds with the constraint of incentive compatibility. This poses a problem for non-classical theories, which proponents of these (...)
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  32. Matters of life and death.Todd Nugent Karhu - 2019 - Dissertation, London School of Economics and Political Science
    This thesis is about four ethical problems concerning death. The first two chapters are about the reasons we have to prolong our own lives. In Chapter 1, I argue that we can defensibly maintain that it would not have been in our interests to have been brought into existence earlier than we were, while also holding that it is often against our interests to die earlier than we otherwise would. In Chapter 2, I argue that one can have a reason (...)
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  33. Bayesian Variations: Essays on the Structure, Object, and Dynamics of Credence.Aron Vallinder - 2018 - Dissertation, London School of Economics
    According to the traditional Bayesian view of credence, its structure is that of precise probability, its objects are descriptive propositions about the empirical world, and its dynamics are given by conditionalization. Each of the three essays that make up this thesis deals with a different variation on this traditional picture. The first variation replaces precise probability with sets of probabilities. The resulting imprecise Bayesianism is sometimes motivated on the grounds that our beliefs should not be more precise than the evidence (...)
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  34. De se beliefs and centred uncertainty.Silvia Milano - 2018 - Dissertation, London School of Economics and Political Science
    What kind of thing do you believe when you believe that you are in a certain place, that it is a certain time, and that you are a certain individual? What happens if you get lost, or lose track of the time? Can you ever be unsure of your own identity? These are the kind of questions considered in my thesis. Beliefs about where, when and who you are are what are called in the literature de se, or self-locating beliefs. (...)
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  35. Bringing about equality.Christopher Marshall - 2017 - Dissertation, The London School of Economics and Political Science (Lse)
    Sometimes people ought to do something for the sake of equality but it would be wrong to force them to do it. Contrariwise, sometimes it would be permissible to force people to do something for the sake of equality but it is unclear whether they ought to do it without coercion. This gives rise to moral obstacles to redistributing benefits and burdens in unequal situations of different degrees and kinds. In these situations, what are individuals required to do, permitted to (...)
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  36. Formal explorations in collective and individual rationality.Alexandru Marcoci - 2017 - Dissertation, The London School of Economics and Political Science (Lse)
    This thesis addresses several questions regarding what rational agents ought to believe and how they ought to act. In the first part I begin by discussing how scientists contemplating several mutually exclusive theories, models or hypotheses can reach a rational decision regarding which one to endorse. In response to a recent argument that they cannot, I employ the tools of social choice theory to offer a ‘possibility result’ for rational theory choice. Then I utilize the tools of judgment aggregation to (...)
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  37. Robustness, evidence, and uncertainty: an exploration of policy applications of robustness analysis.Nicolas Wüthrich - unknown
    Policy-makers face an uncertain world. One way of getting a handle on decision-making in such an environment is to rely on evidence. Despite the recent increase in post-fact figures in politics, evidence-based policymaking takes centre stage in policy-setting institutions. Often, however, policy-makers face large volumes of evidence from different sources. Robustness analysis can, prima facie, handle this evidential diversity. Roughly, a hypothesis is supported by robust evidence if the different evidential sources are in agreement. In this thesis, I strengthen the (...)
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  38. Robustness, evidence, and uncertainty: an exploration of policy applications of robustness analysis.Wuthrich Nicolas - 2017 - Dissertation, The London School of Economics and Political Science
    Policy-makers face an uncertain world. One way of getting a handle on decision-making in such an environment is to rely on evidence. Despite the recent increase in post-fact figures in politics, evidence-based policymaking takes centre stage in policy-setting institutions. Often, however, policy-makers face large volumes of evidence from different sources. Robustness analysis can, prima facie, handle this evidential diversity. Roughly, a hypothesis is supported by robust evidence if the different evidential sources are in agreement. In this thesis, I strengthen the (...)
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  39. Competing claims, risk and ambiguity.Thomas Rowe - unknown
    This thesis engages with the following three questions. First, how should the presence of risk and ambiguity affect how we distribute a benefit to which individuals have competing claims? Second, what is it about the imposition of a risk of harm itself, such as the playing of Russian roulette on strangers, which calls for justification? Third, in the pursuit of the greater good, when is it permissible to foreseeably generate harms for others through enabling the agency of evildoers? Chapters 1 (...)
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  40. Time, hope, and independence: an argument for more structure in decision theory.Goreti Faria - unknown
    My thesis explores alternatives to the orthodox model of decision theory. I criticise it by focusing on motivations that, for different reasons, I believe should not be labelled as a consequence. I start by describing what I call the orthodox theory of choice. I describe both the theories proposed by Von Neumann and Morgenstern, and Savage. This is followed by a discussion of the individuation strategy, and, in particular, John Broome’s proposal of an individuation by justifiers ). I then focus (...)
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  41. How models represent.James Nguyen - 2016 - Dissertation,
    Scientific models are important, if not the sole, units of science. This thesis addresses the following question: in virtue of what do scientific models represent their target systems? In Part i I motivate the question, and lay out some important desiderata that any successful answer must meet. This provides a novel conceptual framework in which to think about the question of scientific representation. I then argue against Callender and Cohen’s attempt to diffuse the question. In Part ii I investigate the (...)
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  42. Decomposing complexity: the discovering of pathway dynamics.Adam White - unknown
    Biochemists often adopt what may be called the “Strategy of Decomposition” for the causal discovery of biochemical pathway dynamic behaviours. This involves decomposing a pathway into a set of isolated parts, which are then analysed separately. It is assumed that knowledge gained of the isolated parts can then be used to explain the dynamic behaviours of the whole pathway. My thesis addresses the extent to which use of the Strategy of Decomposition is warranted. I evaluate two challenges contained in Bechtel (...)
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  43. Strategic interdependence, hypothetical bargaining, and mutual advantage in non-cooperative games.Mantas Radzvilas - unknown
    One of the conceptual limitations of the orthodox game theory is its inability to offer definitive theoretical predictions concerning the outcomes of noncooperative games with multiple rationalizable outcomes. This prompted the emergence of goal-directed theories of reasoning – the team reasoning theory and the theory of hypothetical bargaining. Both theories suggest that people resolve non-cooperative games by using a reasoning algorithm which allows them to identify mutually advantageous solutions of non-cooperative games. The primary aim of this thesis is to enrich (...)
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  44. Persons and value: a thesis in population axiology.Simon Beard - 2015 - Dissertation,
    My thesis demonstrates that, despite a number of impossibility results, a satisfactory and coherent theory of population ethics is possible. It achieves this by exposing and undermining certain key assumptions that relate to the nature of welfare and personal identity. I analyse a range of arguments against the possibility of producing a satisfactory population axiology that have been proposed by Derek Parfit, Larry Temkin, Tyler Cowen and Gustaf Arrhenius. I conclude that these results pose a real and significant challenge. However, (...)
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  45. Hierarchies of evidence in evidence-based medicine.Christopher Blunt - 2015 - Dissertation, London School of Economics
    Hierarchies of evidence are an important and influential tool for appraising evidence in medicine. In recent years, hierarchies have been formally adopted by organizations including the Cochrane Collaboration [1], NICE [2,3], the WHO [4], the US Preventive Services Task Force [5], and the Australian NHMRC [6,7]. The development of such hierarchies has been regarded as a central part of Evidence-Based Medicine, a movement within healthcare which prioritises the use of epidemiological evidence such as that provided by Randomised Controlled Trials. Philosophical (...)
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  46. Agency as difference-making: causal foundations of moral responsibility.Johannes Himmelreich - 2015 - Dissertation, London School of Economics and Political Science
    We are responsible for some things but not for others. In this thesis, I investigate what it takes for an entity to be responsible for something. This question has two components: agents and actions. I argue for a permissive view about agents. Entities such as groups or artificially intelligent systems may be agents in the sense required for responsibility. With respect to actions, I argue for a causal view. The relation in virtue of which agents are responsible for actions is (...)
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  47. Causal inquiry in the social sciences: the promise of process tracing.Rosa Runhardt - 2015 - Dissertation, London School of Economics
    In this thesis I investigate causal inquiry in the social sciences, drawing on examples from various disciplines and in particular from conflict studies. In a backlash against the pervasiveness of statistical methods, in the last decade certain social scientists have focused on finding the causal mechanisms behind observed correlations. To provide evidence for such mechanisms, researchers increasingly rely on ‘process tracing’, a method which attempts to give evidence for causal relations by specifying the chain of events connecting a putative cause (...)
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  48. A rights-based perspective on permissible harm.Susanne Burri - manuscript
    This thesis takes up a rights-based perspective to discuss a number of issues related to the problem of permissible harm. It appeals to a person’s capacity to shape her life in accordance with her own ideas of the good to explain why her death can be bad for her, and why each of us should have primary say over what may be done to her. The thesis begins with an investigation of the badness of death for the person who dies. (...)
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  49. Reproducibility of empirical findings: experiments in philosophy and beyond.Hamid Seyedsayamdost - unknown
    The field of experimental philosophy has received considerable attention, essentially for producing results that seem highly counter-intuitive and at the same time question some of the fundamental methods used in philosophy. A substantial part of this attention has focused on the role of intuitions in philosophical methodology. One of the major contributions of experimental philosophy on this topic has been concrete evidence in support of intuitional diversity; the idea that intuitions vary systematically depending on variables such as ethnicity, socioeconomic background, (...)
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  50. The epistemological value of the consumption based capital asset pricing model.Jacob Bjorheim - unknown
    The thesis is a philosophical analysis of the consumption based capital asset pricing model, investigating in particular its epistemological and methodological foundations. Financial markets are integral parts of advanced and developing economies. They matter because they channel unspent household income into banks’ savings accounts and assets such as bonds and stocks. Financial economists have traditionally taken interest in the pricing mechanism that underlies this capital allocation. The consumption based capital asset pricing model is a prominent effort to describe, explain and (...)
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