Description
Book SynopsisTrade Review‘Kavous Ardalan provides a fresh and important critique to mainstream approaches in financial economics from a multi-paradigmatic perspective. He highlights the flaws of dominant approaches but also provides alternative views. Strongly recommended to all scholars and students in the field of finance and economics!’ -- Johannes Jäger, University of Applied Science BFI, Vienna, Austria
‘Ardalan examines 11 biases of the scientific methodology of mainstream financial economics. Underlying existing methodology is the functionalist paradigm of rationality, which is biased because it presents only a partial picture of economic phenomena. He recommends using a multi-paradigmatic approach to improve understanding. This thought-provoking book is a must-read.’ -- H. Kent Baker, American University, US
Table of ContentsContents: Preface 1. Four paradigms 2. Intellectual bias 3. Home bias 4. Fad bias 5. Ideological bias 6. Automaticity bias 7. Confirmation bias 8. Cultural bias 9. Stereotyping bias 10. Under-productivity bias 11. Homogeneity bias 12. Isolation bias 13. Teaching based on a multi-paradigmatic approach 14. Research based on a multi-paradigmatic approach 15. Conclusion to On the Methodology of Financial Economics Index
