The Rawls-Tawney theorem and the digital divide in postindustrial society.

The digital divide continues to challenge political and academic circles worldwide. A range of policy solutions is briefly evaluated, from laissez-faire on the right to “arithmetic” egalitarianism on the left. The article recasts the digital divide as a problem for the social distribution of presumptively important information (e.g., electoral data, news, science) within postindustrial society. Endorsing in general terms the left-liberal approach of differential or “geometric” egalitarianism, it seeks to invest this with greater precision, and therefore utility, by means of a possibly original synthesis of the ideas of John Rawls and R. H. Tawney. It is argued that, once certain categories of information are accorded the status of “primary goods,” their distribution must then comply with principles of justice as articulated by those major 20th century exponents of ethical social democracy. The resultant Rawls-Tawney theorem, if valid, might augment the portfolio of options for interventionist information policy in the 21st century

Quantum Stratonovich Stochastic Calculus and the Quantum Wong-Zakai Theorem

Gough, John, 'Quantum Stratonovich Stochastic Calculus and the Quantum Wong-Zakai Theorem', Journal of Mathematical Physics. 47, 113509, (2006)

A new proposition on the martingale representation theorem and on the approximate hedging of contingent claim in mean-variance criterion

In this work we revisit the problem of the hedging of contingent claim using mean-square criterion. We prove that in incomplete market, some probability measure can be identified so that becomes -martingale under .This is in fact a new proposition on the martingale representation theorem. The new results also identify a weight function that serves to be an approximation to the Radon-Nikodým derivative of the unique neutral martingale measure.

On Osgood theorem in Banach spaces

Let $X$ be a real Banach space, $\omega:[0,+\infty)\to\R$ be an increasing continuous function such that $\omega(0)=0$ and $\omega(t+s)\leq\omega(t)+\omega(s)$ for all $t,s\in[0,+\infty)$. By the Osgood theorem, if $\int_{0}^1\frac{dt}{\omega(t)}=\infty$, then for any $(t_0,x_0)\in R\times X$ and any continuous map $f: R\times X\to X$ and such that $\|f(t,x)-f(t,y)\|\leq\omega(\|x-y\|)$ for all $t\in R$, $x,y\in X$, the Cauchy problem $\dot x(t)=f(t,x(t))$, $(t_0)=x_0$ has a unique solution in a neighborhood of $t_0$ . We prove that if $X$ has a complemented subspace with an unconditional Schauder basis and $\int_{0}^1\frac{dt}{\omega(t)}