18 research outputs found
Nucleotide Frequencies in Human Genome and Fibonacci Numbers
This work presents a mathematical model that establishes an interesting
connection between nucleotide frequencies in human single-stranded DNA and the
famous Fibonacci's numbers. The model relies on two assumptions. First,
Chargaff's second parity rule should be valid, and, second, the nucleotide
frequencies should approach limit values when the number of bases is
sufficiently large. Under these two hypotheses, it is possible to predict the
human nucleotide frequencies with accuracy. It is noteworthy, that the
predicted values are solutions of an optimization problem, which is commonplace
in many nature's phenomena.Comment: 12 pages, 2 figure
Reciprocity as a foundation of financial economics
This paper argues that the subsistence of the fundamental theorem of contemporary financial mathematics is the ethical concept ‘reciprocity’. The argument is based on identifying an equivalence between the contemporary, and ostensibly ‘value neutral’, Fundamental Theory of Asset Pricing with theories of mathematical probability that emerged in the seventeenth century in the context of the ethical assessment of commercial contracts in a framework of Aristotelian ethics. This observation, the main claim of the paper, is justified on the basis of results from the Ultimatum Game and is analysed within a framework of Pragmatic philosophy. The analysis leads to the explanatory hypothesis that markets are centres of communicative action with reciprocity as a rule of discourse. The purpose of the paper is to reorientate financial economics to emphasise the objectives of cooperation and social cohesion and to this end, we offer specific policy advice