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.
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.
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
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.
"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.
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.
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.
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
Have you ever noticed that you talk about luck every day of your life? Luck is your silent companion, sometimes bringing awesome parking spaces, a chance meeting with a new love interest, or a small windfall. Most of the time you probably don’t even pay attention to luck. Chances are, you only really think about luck when you buy a lottery ticket or participate in a contest. Luck is so much more than that. If you take steps to live longer by eating right and exercising, why wouldn’t you also take similar steps to improve your good fortune? Barrie Dolnick and Anthony Davidson asked themselves this very question, and set out to study luck and decipher how it works. In this insightful and engaging book, they share the secrets they’ve uncovered so you can use luck more effectively in your day-to-day life. Where does luck originate? Does one need to be “born lucky” in order to be lucky? Answering these and many other pressing questions, Dolnick and Davidson investigate both ancient and scientific approaches to luck. From early man to famous rationalists, luck has been prayed for, played with, and courted. You’ll learn how ancient practices such as the I Ching, astrology, tarot, and numerology have been used to understand luck, and how great mathematicians studied luck–some guided by their own interest in gambling. Every- one wants to be lucky. Once you know the fundamentals of luck, the authors take you through your own Personal Luck Profile so that you can use this wisdom and try your luck. People do a lot of weird things to improve their luck–and now you can make smart choices and informed decisions about how to play with yours.
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.
