| On the Role of Paradigms in Finance Contributor(s): Ardalan, Kavous (Author) |
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ISBN: 075464524X ISBN-13: 9780754645245 Publisher: Routledge OUR PRICE: $161.50 Product Type: Hardcover - Other Formats Published: August 2008 |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - History - Business & Economics | Economics - General |
| Dewey: 332.071 |
| LCCN: 2008002372 |
| Series: Alternative Voices in Contemporary Economics |
| Physical Information: 0.5" H x 6.14" W x 9.21" (0.99 lbs) 190 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
