On the Role of Paradigms in Finance(English, Hardcover, Ardalan Kavous)

On the Role of Paradigms in Finance(English, Hardcover, Ardalan Kavous)

  • Ardalan Kavous
Publisher:Ashgate Publishing, Ltd.ISBN 13: 9780754645245ISBN 10: 075464524X

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On the Role of Paradigms in Finance(English, Hardcover, Ardalan Kavous) is written by Ardalan Kavous and published by Taylor & Francis Ltd. It's available with International Standard Book Number or ISBN identification 075464524X (ISBN 10) and 9780754645245 (ISBN 13).

Social theory can usefully be conceived in terms of four key paradigms: functionalist, interpretive, radical humanist and radical structuralist. The four paradigms are founded upon different assumptions about the nature of society and each generates distinctive theories, concepts and analytical tools. Finance theory is based on the functionalist paradigm and for the most part finance theorists are unaware of the philosophical tradition to which they belong. By relating finance to the four paradigms, Ardalan's work offers a concise understanding of the multifaceted nature of finance. He recommends theorists adopt a diversity of paradigms and discusses its benefits by application to the following phenomena: the development of academic finance, the mathematical language of academic finance, the mathematics of academic finance, money, corporate governance, markets, technology and education.