3 papers
econ.TH2025
Why `Fair Market Valuations' are Inappropirate for Employee-Owned Firms and Partnerships
David Ellerman
The usual formulas for the fair market valuation of a firm at time include the profits accruing to the shares at time from the use of wage or salaried labor in the future.…
quant-ph2025
The Way from Rota to Quantum Mechanics
David Ellerman
This paper traces an intellectual journey or \textit{Way} (in the sense of a Tao) that starts with some unfinished work of Gian-Carlo Rota on making a logic of equivalence relation…
physics.gen-ph2024
A Fundamental Duality in the Mathematical and Natural Sciences: From Logic to Biology
David Ellerman
This is an essay in what might be called ``mathematical metaphysics.'' There is a fundamental duality that run through mathematics and the natural sciences. The duality starts as t…