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Understanding Functors and Monads in F# with Statistical and Financial Models

This blog post demystifies functors and monads in F# through real-world statistical and financial modeling examples. Learn how Option, Result, and Async types simplify handling missing data, errors, and asynchronous computations, enabling robust and composable code for data processing, risk modeling, and Monte Carlo simulations.

• functional programming
• F#
• language features

Monday, April 28, 2025 | 8 minutes Read

Functional Programming

Functional programming (FP) is more than just a programming paradigm; it’s a way of thinking about software development that has gained significant traction in recent years. This post aims to demystify functional programming and explore its practical implications. What is Functional Programming? At its core, functional programming is a programming paradigm where programs are constructed by applying and composing functions. It emphasizes: Pure Functions: Functions that always produce the same output for the same input and have no side effects.

• functional programming
• language features

Thursday, April 20, 2023 | 3 minutes Read