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Luck Theory
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Download or read book Luck Theory written by Nicholas Rescher and published by Springer Nature. This book was released on 2021-01-22 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an original—the first-ever treatment of the mathematics of Luck. Setting out from the principle that luck can be measured by the gap between reasonable expectation and eventual realization, the book develops step-by-step a mathematical theory that accommodates the entire range of our pre-systematic understanding of the way in which luck functions in human affairs. In so moving from explanatory exposition to mathematical treatment, the book provides a clear and accessible account of the way in which luck assessment enters into the calculations of rational decision theory.
Download or read book Luck written by Nicholas Rescher and published by University of Pittsburgh Pre. This book was released on 2001-03-15 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Luck touches us all. "Why me?" we complain when things go wrong—though seldom when things go right. But although luck has a firm hold on all our lives, we seldom reflect on it in a cogent, concerted way. In Luck, one of our most eminent philosophers offers a realistic view of the nature and operation of luck to help us come to sensible terms with life in a chaotic world. Differentiating luck from fate (inexorable destiny) and fortune (mere chance), Nicholas Rescher weaves a colorful tapestry of historical examples, from the use of lots in the Old and New Testaments to Thomas Gataker’s treatise of 1619 on the great English lottery of 1612, from casino gambling to playing the stock market. Because we are creatures of limited knowledge who do and must make decisions in the light of incomplete information, Rescher argues, we are inevitably at the mercy of luck. It behooves us to learn more about it.
Book Synopsis The Philosophy of Luck by : Duncan Pritchard
Download or read book The Philosophy of Luck written by Duncan Pritchard and published by John Wiley & Sons. This book was released on 2015-06-02 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume of its kind to provide a curated collection of cutting-edge scholarship on the philosophy of luck Offers an in-depth examination of the concept of luck, which has often been overlooked in philosophical study Includes discussions of luck from a range of philosophical perspectives, including ethics, epistemology, metaphysics, and cognitive science Examines the role of luck in core philosophical problems, such as free will Features work from the main philosophers writing on luck today
Book Synopsis Competing Against Luck by : Clayton M. Christensen
Download or read book Competing Against Luck written by Clayton M. Christensen and published by HarperCollins. This book was released on 2016-10-04 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The foremost authority on innovation and growth presents a path-breaking book every company needs to transform innovation from a game of chance to one in which they develop products and services customers not only want to buy, but are willing to pay premium prices for. How do companies know how to grow? How can they create products that they are sure customers want to buy? Can innovation be more than a game of hit and miss? Harvard Business School professor Clayton Christensen has the answer. A generation ago, Christensen revolutionized business with his groundbreaking theory of disruptive innovation. Now, he goes further, offering powerful new insights. After years of research, Christensen has come to one critical conclusion: our long held maxim—that understanding the customer is the crux of innovation—is wrong. Customers don’t buy products or services; they "hire" them to do a job. Understanding customers does not drive innovation success, he argues. Understanding customer jobs does. The "Jobs to Be Done" approach can be seen in some of the world’s most respected companies and fast-growing startups, including Amazon, Intuit, Uber, Airbnb, and Chobani yogurt, to name just a few. But this book is not about celebrating these successes—it’s about predicting new ones. Christensen contends that by understanding what causes customers to "hire" a product or service, any business can improve its innovation track record, creating products that customers not only want to hire, but that they’ll pay premium prices to bring into their lives. Jobs theory offers new hope for growth to companies frustrated by their hit and miss efforts. This book carefully lays down Christensen’s provocative framework, providing a comprehensive explanation of the theory and why it is predictive, how to use it in the real world—and, most importantly, how not to squander the insights it provides.
Book Synopsis Health, Luck, and Justice by : Shlomi Segall
Download or read book Health, Luck, and Justice written by Shlomi Segall and published by Princeton University Press. This book was released on 2010 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Luck egalitarianism"--the idea that justice requires correcting disadvantages resulting from brute luck--has gained ground in recent years and is now the main rival to John Rawls's theory of distributive justice. Health, Luck, and Justice is the first attempt to systematically apply luck egalitarianism to the just distribution of health and health care. Challenging Rawlsian approaches to health policy, Shlomi Segall develops an account of just health that is sensitive to considerations of luck and personal responsibility, arguing that people's health and the health care they receive are just only when society works to neutralize the effects of bad luck. Combining philosophical analysis with a discussion of real-life public health issues, Health, Luck, and Justice addresses key questions: What is owed to patients who are in some way responsible for their own medical conditions? Could inequalities in health and life expectancy be just even when they are solely determined by the "natural lottery" of genes and other such factors? And is it just to allow political borders to affect the quality of health care and the distribution of health? Is it right, on the one hand, to break up national health care systems in multicultural societies? And, on the other hand, should our obligation to curb disparities in health extend beyond the nation-state? By focusing on the ways health is affected by the moral arbitrariness of luck, Health, Luck, and Justice provides an important new perspective on the ethics of national and international health policy.
Book Synopsis Justice, Luck, and Knowledge by : Susan L. Hurley
Download or read book Justice, Luck, and Knowledge written by Susan L. Hurley and published by Harvard University Press. This book was released on 2003 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key contemporary discussions of distributive justice have formulated egalitarian approaches in terms of responsibility. But this approach, Hurley contends, has ignored the way our understanding of responsibility constrains the roles it can actually play within distributive justice.
Download or read book The Perfect Bet written by Adam Kucharski and published by Basic Books. This book was released on 2016-02-23 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An elegant and amusing account" of how gambling has been reshaped by the application of science and revealed the truth behind a lucky bet (Wall Street Journal). For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.
Download or read book Moral Luck written by Daniel Statman and published by SUNY Press. This book was released on 1993-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Luck plays a part in determining our judgments and in causing us to question our notions of morality. Should a successful murderer be punished more severely than an unsuccessful one? Should a person be praised for his fine moral character which was a consequence of his good luck in being born into a certain kind of family, in particular historical circumstances? These questions and other ideas are discussed in this book by leading philosophers including: Bernard Williams, Thomas Nagel, Martha C. Nussbaum, Don Levi, Judith Andre, Henning Jensen, Nicholas Rescher, Norvin Richards, Steven Sverdlik, Judith Jarvis Thomson, Michael J. Zimmerman, and Margaret U. Walker. The reader is stimulated to reflect on his or her basic notions of morality, especially those of responsibility, agency, and justification.
Book Synopsis In Defense of Moral Luck by : Robert J. Hartman
Download or read book In Defense of Moral Luck written by Robert J. Hartman and published by Routledge. This book was released on 2017-03-27 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of moral luck is that there is a contradiction in our common sense ideas about moral responsibility. In one strand of our thinking, we believe that a person can become more blameworthy by luck. For example, two reckless drivers manage their vehicles in the same way, and one but not the other kills a pedestrian. We blame the killer driver more than the merely reckless driver, because we believe that the killer driver is more blameworthy. Nevertheless, this idea contradicts another feature of our thinking captured in this moral principle: A person’s blameworthiness cannot be affected by that which is not within her control. Thus, our ordinary thinking about moral responsibility implies that the drivers are and are not equally blameworthy. In Defense of Moral Luck aims to make progress in resolving this contradiction. Hartman defends the claim that certain kinds of luck in results, circumstance, and character can partially determine the degree of a person’s blameworthiness. He also explains why there is a puzzle in our thinking about moral responsibility in the first place if luck often affects a person’s praiseworthiness and blameworthiness. Furthermore, the book’s methodology provides a unique way to advance the moral luck debate with arguments from diverse areas in philosophy that do not bottom out in standard pro-moral luck intuitions.
Book Synopsis It's Not Luck by : Eliyahu M. Goldratt
Download or read book It's Not Luck written by Eliyahu M. Goldratt and published by Routledge. This book was released on 2017-09-29 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a shift of policy at board level. Cash is needed and Alex Rogo’s companies are to be put on the block. Alex faces a cruel dilemma. If he successfully completes the turnaround of his companies they can be sold for the maximum return: if he fails they will be closed down. Either way Alex and his team will be out of work. It looks like lose-lose, both for Alex and for his team. And as if he doesn’t have enough to deal with, his two children have become teenagers. As Alex grapples with problems at work and at home, we begin to understand the full scope of Eli Goldratt’s powerful techniques. It’s Not Luck reveals more of the Thinking Process-techniques that consistently produce win-win solutions to seemingly impossible problems.
Download or read book Luck written by Ed Smith and published by A&C Black. This book was released on 2013-04-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: For aspiring cricketer Ed Smith, luck was for other people. Ed believed that the successful cricketer made his own luck by an application of will power, elimination of error, and the relentless pursuit of excellence. But when a freak accident at the crease at Lords prematurely ended Ed Smith's international cricketing career, it changed everything - and prompted him to look anew at his own life through the prism of luck.Tracing the history of the concepts of luck and fortune, destiny and fate, from the ancient Greeks to the present day - in religion, in banking, in politics - Ed Smith argues that the question of luck versus skill is as pertinent today as it ever has been. He challenges us to think again about privilege and opportunity, to re-examine the question of innate ability and of gifts and talents accidentally conferred at birth. Weaving in his personal stories - notably the chance meeting of a beautiful stranger who would become his wife on a train he seemed fated to miss - he puts to us the idea that in life, luck cannot be underestimated: without any means of explaining our differing lots in life, the world without luck is one in which you deserve every ill that befalls you, where envy dominates and averageness is the stifling ideal. Embracing luck leads us to a fresh reappraisal of the nature of success, opportunity and fairness.
Book Synopsis The Biggest Bluff by : Maria Konnikova
Download or read book The Biggest Bluff written by Maria Konnikova and published by Penguin. This book was released on 2021-06-08 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times bestseller • A New York Times Notable Book “The tale of how Konnikova followed a story about poker players and wound up becoming a story herself will have you riveted, first as you learn about her big winnings, and then as she conveys the lessons she learned both about human nature and herself.” —The Washington Post It's true that Maria Konnikova had never actually played poker before and didn't even know the rules when she approached Erik Seidel, Poker Hall of Fame inductee and winner of tens of millions of dollars in earnings, and convinced him to be her mentor. But she knew her man: a famously thoughtful and broad-minded player, he was intrigued by her pitch that she wasn't interested in making money so much as learning about life. She had faced a stretch of personal bad luck, and her reflections on the role of chance had led her to a giant of game theory, who pointed her to poker as the ultimate master class in learning to distinguish between what can be controlled and what can't. And she certainly brought something to the table, including a Ph.D. in psychology and an acclaimed and growing body of work on human behavior and how to hack it. So Seidel was in, and soon she was down the rabbit hole with him, into the wild, fiercely competitive, overwhelmingly masculine world of high-stakes Texas Hold'em, their initial end point the following year's World Series of Poker. But then something extraordinary happened. Under Seidel's guidance, Konnikova did have many epiphanies about life that derived from her new pursuit, including how to better read, not just her opponents but far more importantly herself; how to identify what tilted her into an emotional state that got in the way of good decisions; and how to get to a place where she could accept luck for what it was, and what it wasn't. But she also began to win. And win. In a little over a year, she began making earnest money from tournaments, ultimately totaling hundreds of thousands of dollars. She won a major title, got a sponsor, and got used to being on television, and to headlines like "How one writer's book deal turned her into a professional poker player." She even learned to like Las Vegas. But in the end, Maria Konnikova is a writer and student of human behavior, and ultimately the point was to render her incredible journey into a container for its invaluable lessons. The biggest bluff of all, she learned, is that skill is enough. Bad cards will come our way, but keeping our focus on how we play them and not on the outcome will keep us moving through many a dark patch, until the luck once again breaks our way.
Book Synopsis Luck is No Accident by : John D. Krumboltz
Download or read book Luck is No Accident written by John D. Krumboltz and published by Impact Publishers. This book was released on 2010 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unplanned events--chance occurrences--more often determine life and career choices than all the careful planning we do. A chance meeting, a broken appointment, a spontaneous vacation trip, a "fill-in" job, a hobby--these are the kinds of experiences that lead to unexpected life directions and career choices. Newly revised and updated with fresh examples and current issues for today's challenging times, Luck is No Accident actively encourages readers to create their own unplanned events, to anticipate changing their plans frequently, to take advantage of chance events when they happen, and to make the most of what life offers. The book has a friendly, easy style about it, and is packed with personal stories that really bring the ideas into focus.
Book Synopsis Luck, Value, and Commitment by : Ulrike Heuer
Download or read book Luck, Value, and Commitment written by Ulrike Heuer and published by Oxford University Press. This book was released on 2012-06-28 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Luck, Value, and Commitment comprises eleven new essays which engage with, or take their point of departure from, the influential work in moral and political philosophy of Bernard Williams (1929-2003). Various themes of Williams's work are explored and taken in new directions. In their essays, Brad Hooker, Philip Pettit, and Susan Wolf are all concerned with Williams's work on the viability or wisdom of systematic moral theory, and his criticism, in particular, of moral theory's preoccupation with impartiality. David Enoch, Joseph Raz, and R. Jay Wallace address Williams's work on moral luck, and his insistence that moral appraisals bear a disquieting sensitivity to various kinds of luck. Wallace makes further connections between moral luck and the 'non-identity problem' in reproductive ethics. Michael Smith and Ulrike Heuer investigate Williams's defence of 'internalism' about reasons for action, which makes our reasons for action a function of our desires, projects, and psychological dispositions. Smith attempts to plug a gap in Williams's theory which is created by Williams's deference to imagination, while Heuer connects these issues to Williams's accommodation of 'thick' ethical concepts as a source of knowledge and action-guidingness. John Broome examines Williams's less-known work on the other central normative concept, 'ought'. Jonathan Dancy takes a look at Williams's work on moral epistemology and intuitionism, comparing and contrasting his work with that of John McDowell, and Gerald Lang explores Williams's work on equality, discrimination, and interspecies relations in order to reach the conclusion, similar to Williams's, that 'speciesism' is very unlike racism or sexism.
Book Synopsis From Number Theory to Physics by : Michel Waldschmidt
Download or read book From Number Theory to Physics written by Michel Waldschmidt and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present book contains fourteen expository contributions on various topics connected to Number Theory, or Arithmetics, and its relationships to Theoreti cal Physics. The first part is mathematically oriented; it deals mostly with ellip tic curves, modular forms, zeta functions, Galois theory, Riemann surfaces, and p-adic analysis. The second part reports on matters with more direct physical interest, such as periodic and quasiperiodic lattices, or classical and quantum dynamical systems. The contribution of each author represents a short self-contained course on a specific subject. With very few prerequisites, the reader is offered a didactic exposition, which follows the author's original viewpoints, and often incorpo rates the most recent developments. As we shall explain below, there are strong relationships between the different chapters, even though every single contri bution can be read independently of the others. This volume originates in a meeting entitled Number Theory and Physics, which took place at the Centre de Physique, Les Houches (Haute-Savoie, France), on March 7 - 16, 1989. The aim of this interdisciplinary meeting was to gather physicists and mathematicians, and to give to members of both com munities the opportunity of exchanging ideas, and to benefit from each other's specific knowledge, in the area of Number Theory, and of its applications to the physical sciences. Physicists have been given, mostly through the program of lectures, an exposition of some of the basic methods and results of Num ber Theory which are the most actively used in their branch.
Book Synopsis Chance, Luck, and Statistics by : Horace C. Levinson
Download or read book Chance, Luck, and Statistics written by Horace C. Levinson and published by Courier Corporation. This book was released on 2001-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In simple, non-technical language, this volume explores the fundamentals governing chance and applies them to sports, government, and business. Topics includenbsp;the theory of probability in relation to superstitions, betting odds, warfare,nbsp;social problems, stocks, and other areas. "Clear and lively ...nbsp;remarkably accurate." —Scientific Monthly.
Book Synopsis The Myth of Luck by : Steven D. Hales
Download or read book The Myth of Luck written by Steven D. Hales and published by Bloomsbury Publishing. This book was released on 2020-07-23 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Humanity has thrown everything we have at implacable luck-novel theologies, entire philosophical movements, fresh branches of mathematics-and yet we seem to have gained only the smallest edge on the power of fortune. The Myth of Luck tells us why we have been fighting an unconquerable foe. Taking us on a guided tour of one of our oldest concepts, we begin in ancient Greece and Rome, considering how Plato, Plutarch, and the Stoics understood luck, before entering the theoretical world of probability and exploring how luck relates to theology, sports, ethics, gambling, knowledge, and present-day psychology. As we travel across traditions, times and cultures, we come to realize that it's not that as soon as we solve one philosophical problem with luck that two more appear, like heads on a hydra, but rather that the monster is altogether mythological. We cannot master luck because there is nothing to defeat: luck is no more than a persistent and troubling illusion. By introducing us to compelling arguments and convincing reasons that explain why there is no such thing as luck, we finally see why in a very real sense we make our own luck, that luck is our own doing. The Myth of Luck helps us to regain our own agency in the world - telling the entertaining story of the philosophy and history of luck along the way.
