Functionalist Paradigm Examples

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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.
Functional Programming Step by Step: A Practical Guide with Examples

"Functional Programming Step by Step: A Practical Guide with Examples" offers an in-depth exploration of functional programming, tailored for anyone eager to enhance their understanding of this potent programming paradigm. This book delves into the mathematical roots of functional programming, elucidating its evolution into a versatile tool for modern software development. Readers will encounter core principles such as pure functions, immutability, and stateless design, each presented with clarity to provide a robust foundation in functional thinking. Structured to guide both beginners and experienced programmers, the book unfolds through a series of well-organized chapters. These sections not only cover the essentials of functional programming, such as function composition, recursion, and the intricacies of data structures, but also extend into advanced topics like monads, functors, and functional reactive programming. Practical examples are strategically integrated to demonstrate real-world application, facilitating a concrete understanding of how theoretical concepts translate into effective programming solutions. Readers will benefit from a comprehensive overview of functional programming, including its advantages in code readability, maintainability, and concurrency management. Challenges commonly faced during the adoption of functional programming are addressed, providing a balanced perspective that equips readers to overcome potential obstacles. With this guide, developers will be empowered to leverage the capabilities of functional programming to build efficient, reliable, and scalable software, broadening their skillset in the rapidly evolving landscape of software development.
Sociological Paradigms and Organisational Analysis

The authors argue in this book that social theory can usefully be conceived in terms of four broad paradigms, based upon different sets of meta-theoretical assumptions with regard to the nature of social science and the nature of society. The four paradigms - Functionalist, Interpretive, Radical Humanist and Radical Structuralist - derive from quite distinct intellectual traditions, and present four mutually exclusive views of the social work. Each stands in its own right, and generates its own distinctive approach to the analysis of social life. The authors provide extensive reviews of the four paradigms, tracing the evolution and inter-relationships between the various sociological schools of thought within each. They then proceed to relate theories of organisation to this wider background. This book covers a great range of intellectual territory. It makes a number of important contributions to our understanding of sociology and organisational analysis, and will prove an invaluable guide to theorists, researchers and students in a variety of social science disciplines. It stands as a discourse in social theory, drawing upon the general area of organisation studies - industrial sociology, organisation theory, organisational psychology, and industrial relations - as a means of illustrating more general sociological themes. In addition to reviewing and evaluating existing work, it provides a framework for appraising future developments in the area of organisational analysis, and suggests the form which some of these developments are likely to take.