Thursday, June 14, 2007

game prediction, future exchange

The simExchange - (noun) the free fantasy video game prediction market for forecasting the number of copies games will sell.

the exchange of future events not futures?

this corporate helps to measure the future value of ideas

Wednesday, June 06, 2007

Definition of definition

A definition is a concise statement explaining the meaning of a term, word or phrase. The term to be defined is known as the definiendum (Latin: that which is to be defined). The form of words which defines it is known as the definiens (Latin: that which is doing the defining).

Given that a natural language such as English contains, at any given time, a finite number of words, any comprehensive list of definitions must either be circular or leave some terms undefined. If every term of every definiens must itself be defined, where should we stop?[10] A dictionary, for instance, in so far as it is a comprehensive list of lexical definitions, must resort to circularity.

Many philosophers have chosen instead to leave some terms undefined. The scholastic philosophers claimed that the highest genera (the so-called ten generalissima) cannot be defined, since we cannot assign any higher genus under which they may fall. Thus we cannot define being, unity and similar concepts. Locke supposes in An Essay Concerning Human Understanding that the names of simple concepts do not admit of any definition. More recently Bertrand Russell sought to develop a formal language based on logical atoms. Other philosophers, notably Wittgenstein, rejected the need for any undefined simples. Wittgenstein pointed out in his Philosophical Investigations that what counts as a "simple" in one circumstance might not do so in another. He rejected the very idea that every explanation of the meaning of a term needed itself to be explained: "As though an explanation hung in the air unless supported by another one", claiming instead that explanation of a term is only needed when we need to avoid misunderstanding.

Locke and Mill also argued that we cannot define individuals. We learn names by connecting an idea with a sound, so that speaker and hearer have the same idea when the same word is used. This is not possible when no one else is acquainted with the particular thing that has "fallen under our notice". Russell offered his theory of descriptions in part as a way of defining a proper name, the definition being given by a definite description that "picks out" exactly one individual. Saul Kripke pointed to difficulties with this approach, especially in relation to modality, in his book Naming and Necessity.

There is a presumption in the classic example of a definition that the definiens can be stated. Wittgenstein argued that for some terms this is not the case. The examples he used include game, number and family. In such cases, he argued, there is no fixed boundary that can be used to provide a definition. Rather, the items are grouped together because of a family resemblance. For terms such as these it is not possible to state a definition; rather, one simply comes to understand the use of the term.

(from Wikipedia)