On thе Rolе of Pаrаdigms in Finаncе (Altеrnаtivе Voicеs in Contеmporаry Economics)
Publisher: Αshgаtе
Number of Pages: 190
Published: 2008-08-07
List price: $99.95
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, Kavous Ardalan provides a better understanding of the multifaceted nature of finance. He recomm...