Sunday, February 23, 2020

Does Kant Adequatly Address the Problems Evident in the Controversy Essay

Does Kant Adequatly Address the Problems Evident in the Controversy between Empiricism and Rationalism - Essay Example According to Kant, the difference (dispute) that emerges between rationalism and empiricism is the level in which we are dependent on sense experience in order for us to gain and acquire knowledge. Rationalists claim that, very independent we gain knowledge and ideas (Kenny 45-46). This independent way of gaining concepts as it is own sense experience. Empiricists claim on the other side that sense experience is the final source of all our knowledge and ideals. When empiricists say that we are only able to access appearances, they are not saying that we only have access to illusory representations. To some level denying some confidence in their explanations, in this case, they ought to have been clear on this matter. Nonetheless, for Kant, appearances can, and in fact do, provide us with the ground for knowledge on facts and ideas (Kenny 48). To him the mind is the source of experience and knowledge, Descartes (1988). This is the concept, according to Kant, the concept of pure of cat egories. This is particularly clear in the sense that the mind makes contributions to experiences (Descartes 123). The mind plays a significant role and imposes on experience certain categories that make knowledge possible. In this case when Kant says that we cannot know the thing in itself he does not only mean that reality is inaccessible but also that we cannot experience anything outside in the way human mind operates Ann (1970). And from this explanation it is not a wrong concept, â€Å"but it justifies how human beings acquire knowledge† (Anne 90). Now, we have a look science and advancements in knowledge, it is evident that we have knowledge; Kant would never have denied it. Rationalist, in real sense have developed the argument in two ways. They say that there are circumstances when the content embodied in knowledge outstrips the information that can be provided in the real life experience. Also, they have build in some way, that reason in some form provides informati on and knowledge to the world. Empiricists, in this case provide some additional information of knowledge thought about the world (Kenny 50). Empiricists provide a sum up of lines and levels of thought. In that case they establish on accounts of how learning and experience provides on the information that rationalist provide, which according to Kant we have so far. According to Kant Empiricists will in most cases opt for skepticism as a lope to rationalism, Ann (1970). The say that if then experience cannot provide concepts or knowledge the rationalist cite, they then in that case do not have. In that case according to Kant, â€Å"empiricists attack the rationalists on accounts of how reason is a source of concepts and knowledge†. According to Kant, rationalist focus on what they call necessary truth. By this they articulate that some things are necessary true. Kant points that the simplest form of truth is the self-evident truth. In that regard, Kant says, that you even do n ot have to think. He illustrates that for instance as a simple calculation; one plus one, the answer is two Descartes (1988). This to him you do not have through the world to necessarily count this in order to prove it. Kant says that this is something you ought to believe that one plus one, the answer is two (Descartes 124). One of the criticisms that empiricists would set-forward is that, one plus one is two, is a mere trivial. It is tautological, suggesting it is true, certain, but not because it is not self

Thursday, February 6, 2020

Price bubble Essay Example | Topics and Well Written Essays - 500 words - 16

Price bubble - Essay Example literatures have already emphasized that financial asset markets showed price bubble as an existing phenomenon that shorts selling opportunities, limits price change rules and margins buying opportunities etc. In laboratory marketing analysis, conducted as out-of-class computerized microeconomic theory markets, it has been observed that price is more likely to be bubbled above intrinsic value and then crashed back to intrinsic value too. Price in the third laboratory market also tended to be intrinsic more accurately that sought to have a common price expectation with an asset share. The above mentioned market-laboratory experiment was very important because it has been able to address the potentially critical issues regarding the price bubble and how it is robust to various factors like, 1) substantial increase in group size, 2) inter-trader information existing outside laboratory privacy, 3) non-monetary reward structure etc. The market experiments have used a cash reward system wh ereby small markets with around fifteen traders watching the phenomenon in the market-laboratory. The price bubble phenomenon has resulted consistently with cash-reward, small group and strict privacy lab experiment for little experienced traders. The computerized market laboratory experiment highlighted that people are ready to buy assets at very high prices, though the accurate reason is quite unknown, it has been detailed that those who buy in such high prices perhaps gain profits from such doings by earning dividends or by selling to others. An interesting outcome of the experiment was the approximation of risk-neutral expectation market equilibrium, which was due to that traders in all three model markets began to learn that common market price expectation that is from their expected dividend earning with asset shares.