Did John Stuart Mill Reconcile Commitment to Liberty with Admittance of a Single Value Utility?

Numerous interpretations of John Stuart Mill´s utilitarianism have been proposed (in response to the above question) to date. The interpretation presented in this paper is distinctive in that it draws heavily upon multiple utility frameworks, a recent development in microeconomic theory. It is argued that such an analytical framework would enable Mill to advocate an absolute right to liberty, without betraying utilitarianism. This conclusion is at variance with Amartya Sen´s key Paretian liberal paradox, which establishes conflict between some minimal commitment to individual liberty and a social welfare function based upon Paretian value judgements. Generally, one would expect the social objective of utility maximisation to be consistent with the objective of maximisation of a Paretian social welfare function. However, the apparent contradiction is explained here by the fact that the approach to social welfare implied by Mill´s utilitarianism differs fundamentally from the conventional Paretian social welfare function. The analysis is also used to suggest a novel route out of the Sen paradox

The Scholarly Infrastructure Technical Summit @ eResearch Australasia 2011

Scholarly Infrastructure Technical Summit (SITS) meetings are designed to share technical operational experience between CTOs, Lead Developers and Head System Administrators so as to assure that internationally we are all DRY (Don't Repeat Yourself) i.e. saving technical operational money by learning from each other's previous experiences.Iteration four of the International Scholarly Infrastructure Technical Summit meeting following events in London and California and Geneva took place in Australia alongside the 2011 eResearch Conference (eXtreme eResearch).The eResearch conference brings together CTOs and CIOs from various Universities whose job it is to provide, work with and support IT services for scientific research projects. This was a first for SITS, which previously had seen a mix of researchers and those working on the fringes of institutional IT infrastructure. The Australian focus on supporting research directly thus provided the 4th new platform for the SITS meetings, one closest to the infrastructure itself

Paleozoic geology of the Round Mountain area, Blanco quadrangle, Texas

Geological Science

Did John Stuart Mill Reconcile Commitment to Liberty with Admittance of a Single Value Utility?

Numerous interpretations of John Stuart Mill´s utilitarianism have been proposed (in response to the above question) to date. The interpretation presented in this paper is distinctive in that it draws heavily upon multiple utility frameworks, a recent development in microeconomic theory. It is argued that such an analytical framework would enable Mill to advocate an absolute right to liberty, without betraying utilitarianism. This conclusion is at variance with Amartya Sen´s key Paretian liberal paradox, which establishes conflict between some minimal commitment to individual liberty and a social welfare function based upon Paretian value judgements. Generally, one would expect the social objective of utility maximisation to be consistent with the objective of maximisation of a Paretian social welfare function. However, the apparent contradiction is explained here by the fact that the approach to social welfare implied by Mill´s utilitarianism differs fundamentally from the conventional Paretian social welfare function. The analysis is also used to suggest a novel route out of the Sen paradox.

On the Necessity of Five Risk Measures

The banking systems that deal with risk management depend on underlying risk measures. Following the Basel II accord, there are two separate methods by which banks may determine their capital requirement. The Value at Risk measure plays an important role in computing the capital for both approaches. In this paper we analyze the errors produced by using this measure. We discuss other measures, demonstrating their strengths and shortcomings. We give examples, showing the need for the information from multiple risk measures in order to determine a bank's loss distribution. We conclude by suggesting a regulatory requirement of multiple risk measures being reported by banks, giving specific recommendations.Comment: 23 pages, 9 figure

Viewing Risk Measures as Information

Regulation and risk management in banks depend on underlying risk measures. In general this is the only purpose that is seen for risk measures. In this paper we suggest that the reporting of risk measures can be used to determine the loss distribution function for a financial entity. We demonstrate that a lack of sufficient information can lead to ambiguous risk situations. We give examples, showing the need for the reporting of multiple risk measures in order to determine a bank's loss distribution. We conclude by suggesting a regulatory requirement of multiple risk measures being reported by banks, giving specific recommendations.Comment: 14 pages, 9 figure

Building Social Networks from Institutional Repositories

An Institutional Repository may offer .a set of services. to its local users, supporting the publication of research. More importantly, the repository also forms a key component in the global scholarly communications environment. In this presentation we investigate the role of the repository on a global scale by witnessing the effects on a changing economy and also show how worldwide collaboration networks can be predicted using the strong social links found in repository metadata

Releasing the Power of Digital Metadata: Examining Large Networks of Co-Related Publications

Bibliographic metadata plays a key role in scientific literature, not only to summarise and establish the facts of the publication record, but also to track citations between publications and hence to establish the impact of individual articles within the literature. Commercial secondary publishers have typically taken on the role of rekeying, mining and analysing this huge corpus of linked data, but as the primary literature has moved to the world of the digital repository, this task is now undertaken by new services such as Citeseer, Citebase or Google Scholar. As institutional and subject-based repositories proliferate and Open Access mandates increase, more of the literature will become openly available in well managed data islands containing a much greater amount of detailed bibliometric metadata in formats such as RDF. Through the use of efficient extraction and inference techniques, complex relations between data items can be established. In this paper we explain the importance of the co-relation in enabling new techniques to rate the impact of a paper or author within a large corpus of publications

Reading the morphology of Ben Rivers’s chemical landscapes

This article examines the discursive and aesthetic functions of the abstract material artefacts that emerge from Ben Rivers’s hand processing of his 16mm films, focusing on the various ways these abstract forms interact with photographic images to produce a compound and plastic textuality. Drawing upon Jean-François Lyotard’s theorization of the figural, which seeks to explain the relationship between a text and its own material image, it examines the oscillation between two registers of filmic discourse in Two Years At Sea (2011) and its short predecessor, This Is My Land (2006). In these films, images of people and landscape merge with textures and shapes that arise from hand processing to create newly thickened worlds upon a chemical landscape