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The theoretical foundation of Islamic economics and finance is based on, among other things, Homo Islamicus or Islamic … Man. Islamic economics and finance theoreticians contrast Homo Islamicus with Homo economicus or the Economic Man. This …
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Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called "bounded rationality …Cognitive Economics is the economics of what is in people's minds. It is a vibrant area of research (much of it within … Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data--especially novel …
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interdisciplinary terrain that ranged from important contributions in behavioral economics and the way forward; inertia in the economics …-picture” questions in the behavioral sciences, and to highlight the powerful role that behavioral economics can play in illuminating a …
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Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But … if rationality is such a reliable factor, why do economic models so often fail to predict market behavior accurately …
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