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Understanding Islam: Development, Economics and Finance

Askari, Hossein; Iqbal, Zamir; Krichene, Noureddine; … - Volkswirtschaftliche Fakultät, … - 2013

In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Quran and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure,...

Persistent link: https://www.econbiz.de/10011110896

Foundations of the economic and social history of the United States: Empirical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...

Persistent link: https://www.econbiz.de/10011259667

From Edgeworth to Econophysics: A Methodological Perspective

Drakopoulos, Stavros A.; Katselidis, Ioannis - Volkswirtschaftliche Fakultät, … - 2013

indications of the physics scientific ideal for economics. Subsequent leading theorists were not as explicit, although economic … there are methodological similarities, there are also important differences between mainstream economics and econophysics … their rejection of many standard assumptions of mainstream economics, are examples of such differences. This might also …

Persistent link: https://www.econbiz.de/10011260004

Does “Okun’s Law” state a Pi:1 ratio? Toward a harmonic interpretation of why Okun’s Law works

Albers, Scott; Albers, Andrew L. - Volkswirtschaftliche Fakultät, … - 2013

resulting model of economics in the United States is thereby aligned with geometric, harmonic and trigonometric analysis, rather …

Persistent link: https://www.econbiz.de/10011260122

Predicting crises: Five essays on the mathematic prediction of economic and social crises

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2012

This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...

Persistent link: https://www.econbiz.de/10011260672

Mea Culpa, Economica: Development of Concept and Teaching of Economics Post-Crisis 2008

Sanjaya, Muhammad Ryan - Volkswirtschaftliche Fakultät, … - 2013

The latest 2008 crisis has become a "proof" that the mainstream economics cannot avoid, or even predict, the economic … meltdown. The teaching of conventional economics that tend to be homogenous and dominated by the new neoclassical synthesis is … thought to be failed in predicting human behavior. This is because the mainstream teaching and research in economics has …

Persistent link: https://www.econbiz.de/10011113912

Investment decisions, equivalent risk and bounded rationality

Magni, Carlo Alberto - Volkswirtschaftliche Fakultät, … - 2007

The Net Present Value maximizing model shows fallacies and inconsistencies that may be easily unmasked by performing a cognitive analysis of the decision-making process implied by the maximization problem. The model may be conveniently rescued if the maximizing version of the criterion is shunt...

Persistent link: https://www.econbiz.de/10005619621

On the Problem of the Island of Earth: Introducing a Universal Theory of Value in an Open Letter to The President of the United States

Funk, Matt - Volkswirtschaftliche Fakultät, … - 2008

This paper introduces a unified theory of value.

Persistent link: https://www.econbiz.de/10005621818

SHOULD THE UTILITY FUNCTION BE DITCHED?

Dominique, C-Rene - Volkswirtschaftliche Fakultät, … - 2007

This note takes a retrospective look at the Utility Construct still in use in economic science and compares it to a new approach based on recent findings in neuroscience. The results show that it is more natural and more compelling to go from the preference order to the price vector. Thus making...

Persistent link: https://www.econbiz.de/10005617018

Zelig and the Art of Measuring Excess Profit

magni, Carlo Alberto - Volkswirtschaftliche Fakultät, … - 2006

This paper tells the story of a student of economics and finance who meets a couple of alleged psychopaths, suffering …

Persistent link: https://www.econbiz.de/10005790107