This book provides researchers and students with an understanding of the basic legal tenets of the Islamic finance industry, studying the real economic effects of those tenets using the tools of the modern economic theory. Split into four parts, the book begins with an introduction to the...

This book explores the theoretical and practical features of Islamic banking. Using Pakistan as a detailed illustration, the text discusses recent developments and future prospects, demonstrating the model underpinning interest-free banking. It assesses the practical success of interest-free...

Chapter 1 Preface -- Part I Mechanism Design under Bounded Rationality -- Chapter 2 Introduction -- Chapter 3 Complexity constraints and mechanism design -- Chapter 4 Learning, probabilistic choice, and mechanism design -- Chapter 5 Some other models of mechanism design under bounded rationality...

The book brings into a focus all necessary mathematical knowledge necessary to understand the economics of multidimensional results screening and applies them straightaway to economic models. The first part of this book contains a review of vector calculus, the theory of partial differential...