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On the Role of Paradigms in Finance
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.
Paradigms in Political Economy
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 social science and the nature of society. Each generates theories, concepts, and analytical tools which are different from those of other paradigms and together they provide a more balanced understanding of the phenomenon under consideration. This book demonstrates that an understanding of these different paradigms and how they can be applied leads to a better understanding of the multi-faceted nature of political economy. Any explanation of a given phenomenon is based on...
Global Political Economy
This book applies a multiparadigmatic philosophical frame of analysis to the global political economy. Crossing two disciplines and lines of literature—social philosophy and global political economy—this book considers seven aspects of global political economy and discusses each aspect from four diverse paradigmatic viewpoints: functionalist, interpretive, radical humanist, and radical structuralist. The four paradigms are founded upon different assumptions about the nature of social science and the nature of society. Each paradigm generates theories, concepts, and analytical tools which are different from those of other paradigms; developing an understanding of the different paradigms l...
Case Method and Pluralist Economics
This book discusses the relationship between pluralist economics and the case study method of teaching, advocating the complimentary use of both to advance economics education. Using a multi-paradigmatic philosophical frame of analysis, the book discusses the philosophical, methodological, and practical aspects of the case study method while drawing comparisons with those of the more commonly used lecture method. The book also discusses pluralist economics through the exposition of the philosophical foundations of the extant economics schools of thought, which is the focal point of the attention and admiration of pluralist economics. More specifically, the book discusses the major extant sch...
A Multi-Paradigmatic Approach to Understanding History
This book explores the field of history through a multi-paradigmatic approach. For this purpose, it begins with a discussion of four most diverse worldviews or paradigms (namely, functionalist, interpretive, radical humanist, and radical structuralist), before moving on to consider four aspects of the field of history (historiography, grand narrative, progress, and time) from the viewpoints of the four most diverse worldviews or paradigms. Next, the book looks at three historical events (the French Revolution, the American Civil War, and the Iranian Revolution) from the viewpoints of the four most diverse worldviews or paradigms. It concludes by recommending paradigm diversity, as an understanding of different paradigms leads to a more comprehensive and a more balanced understanding of the multi-faceted nature of the subject matter.
Understanding Revolution
This book applies a multiparadigmatic philosophical frame of analysis to the topic of social revolution. Crossing two disciplines and lines of literature—social philosophy and social revolution—this book considers different aspects of social revolution and discusses each aspect from four diverse paradigmatic viewpoints: functionalist, interpretive, radical humanist, and radical structuralist. The four paradigms are founded upon different assumptions about the nature of social science and the nature of society. Each paradigm generates theories, concepts, and analytical tools that are different from those of other paradigms. An understanding of different paradigms leads to a more balanced ...
On the Methodology of Financial Economics
Utilizing a multi-paradigmatic approach in considering the scientific methodology of mainstream financial economics, and suggesting improvements, this book identifies eleven biases of the scientific methodology of mainstream financial economics, namely: intellectual bias, local bias, fad bias, ideological bias, automaticity bias, confirmation bias, cultural bias, stereotyping bias, under-productivity bias, homogeneity bias, and isolation bias.
Derivatives Pricing and Modeling
Highlights research in derivatives modelling and markets in a post-crisis world across a number of dimensions or themes. This book addresses the following main areas: derivatives models and pricing, model application and performance backtesting, and new products and market features.
Exploring Learning & Teaching in Higher Education
The focus of this book is on exploring effective strategies in higher education that promote meaningful learning and go beyond discipline boundaries, with a special emphasis on Subjectivity Learning, Refreshing Lecturing, Learning through Construction, Learning through Transaction, Transformative Learning, Using Technology, and Assessment for Learning and Teaching in particular. The research collected in this book is all based on empirical studies and includes research methods and findings that will be of great interest to teachers and researchers in the area of higher education. The main benefit readers will derive from this book is a meaningful insight into what other teachers around the world are doing in higher education and what lessons they have learned, which will support them in their own teaching.
Feminist Theories and Feminist Economics
In Feminist Theories and Feminist Economics: A Multi-Paradigmatic Approach, Kavous Ardalan examines four paradigms of feminist theory and economics and their social impact. Analyzing the insights of these paradigms—functionalist, interpretive, radical humanist, and radical structuralist—Ardalan offers a comprehensive view of feminist thought, advocating for a multi-paradigmatic approach to understanding feminist research and its economic relevance for society.
