505 research outputs found

    Inversive Meadows and Divisive Meadows

    Get PDF
    Inversive meadows are commutative rings with a multiplicative identity element and a total multiplicative inverse operation whose value at 0 is 0. Divisive meadows are inversive meadows with the multiplicative inverse operation replaced by a division operation. We give finite equational specifications of the class of all inversive meadows and the class of all divisive meadows. It depends on the angle from which they are viewed whether inversive meadows or divisive meadows must be considered more basic. We show that inversive and divisive meadows of rational numbers can be obtained as initial algebras of finite equational specifications. In the spirit of Peacock's arithmetical algebra, we study variants of inversive and divisive meadows without an additive identity element and/or an additive inverse operation. We propose simple constructions of variants of inversive and divisive meadows with a partial multiplicative inverse or division operation from inversive and divisive meadows. Divisive meadows are more basic if these variants are considered as well. We give a simple account of how mathematicians deal with 1 / 0, in which meadows and a customary convention among mathematicians play prominent parts, and we make plausible that a convincing account, starting from the popular computer science viewpoint that 1 / 0 is undefined, by means of some logic of partial functions is not attainable.Comment: 18 pages; error corrected; 29 pages, combined with arXiv:0909.2088 [math.RA] and arXiv:0909.5271 [math.RA

    Disruptive events and associated discontinuities: a macromarketing prescription

    Get PDF
    This essay discusses social disruptions, social discontinuities, and associated interventions by social marketers and public policymakers. Prescriptive touchpoints for such interventions are (1) mitigating social disruptions via phronetic marketing, (2) foreseeing and anticipating social disruptions and discontinuities via marketing futurology

    Partial Komori fields and imperative Komori fields

    Get PDF
    This paper is concerned with the status of 1/0 and ways to deal with it. These matters are treated in the setting of Komori fields, also known as non-trivial cancellation meadows. Different viewpoints on the status of 1/0 exist in mathematics and theoretical computer science. We give a simple account of how mathematicians deal with 1/0 in which a customary convention among mathematicians plays a prominent part, and we make plausible that a convincing account, starting from the popular computer science viewpoint that 1/0 is undefined, by means of some logic of partial functions is not attainable

    Bitcoin and Islamic Finance

    Get PDF
    It is argued that a Bitcoin-style money-like informational commodity may constitute an effective instrument for the further development of Islamic Finance. The argument involves the following elements: (i) an application of circulation theory to Bitcoin with the objective to establish the implausibility of interest payment in connection with Bitcoin, (ii) viewing a Bitcoin-like system as a money-like exclusively informational commodity with the implication that such a system need not support debt, (iii) the idea that Islamic Finance imposes different requirements compared to conventional financial policies on a money concerning its use as a tool for achieving social and economic objectives, and (iv) identification of two aspects of mining, gambling and lack of trust, that may both be considered problematic from the perspective of compliance with the rules of Islamic Finance and a corresponding proposal to modify the architecture of mining in order to improve compliance with these rules
    • …
    corecore