Showing 1 - 10 of 322
Economic behavior in the study of Islamic economics is the basis for the government to portray political ethics and ethical economic functions of individuals in functioning as a member of society. Secular ethics and religious ethics, according to al-Mawardi, as the code of conduct in conducting...
Persistent link: https://www.econbiz.de/10012987120
We compare the strategy and direct-response methods in a one-shot trust game with hidden action. In our experiment, the …
Persistent link: https://www.econbiz.de/10011111924
Gender differences are often observed in real life-situations. We implement an experiment on the investment game which … explores the influence of knowledge of partner's gender in trust and reciprocity by means of two treatments of information: the … great heterogeneity of individuals’ behaviors is observed: from selfish behavior to complete trust and trustworthiness …
Persistent link: https://www.econbiz.de/10005787126
Analysts make competing claims about when and how politicians can use fear to gain support for suboptimal policies. Using a model, we clarify how common attributes of fear affect politicians’ abilities to achieve self-serving outcomes that are bad for voters. In it, a politician provides...
Persistent link: https://www.econbiz.de/10005836312
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357
An attempt is made to sum up the basic socio-economic issues in Karl Polanyi's book “The Great Transformation”, which is less known by the economists in our country. Suggesting an alternative to Marx's market economic analysis at the early stages of establishing and imposing the capitalist...
Persistent link: https://www.econbiz.de/10011259513
experiment in a “same gender pairings” setting in International Islamic University Islamabad, Pakistan. In order to test the …
Persistent link: https://www.econbiz.de/10011259998
Whilst there is a volume of literature mapping out the evolution, causes and implications of income inequality across countries, there is little in-depth evidence concerning the desire of populations for income equality. This paper tackles this gap by presenting UK evidence from a large-scale...
Persistent link: https://www.econbiz.de/10005837182
This book is based on the thesis that I submitted in August 2006 to the International Islamic University Malaysia in partial fulfillment of the requirement for the award of the PhD degree in Economics.It was a difficult topic but this reality dawned on me only after I had already crossed the...
Persistent link: https://www.econbiz.de/10005621979
This paper clarifies some misinterpretations of three foundational concepts in mainstream economics from Islamic viewpoint. These are scarcity of resources, pursuit of self-interest and maximizing behavior of economic agents. It argues that stocks of resources that God has provided are...
Persistent link: https://www.econbiz.de/10009147568