This paper builds upon the following critique of Islamic economics: (a) Persistence on the literal interpretation of …

Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both … supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The … marginalists - especially Jevons and Walras - viewed Cournot's (1838) book on mathematical economics as a seminal work on which …

century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical … applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal … utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how …

During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary … boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice … economics" might mirror the rise of cognitive psychology" without endangering the advantages of the division of labor and of …

century economics. In Section 2 we sketch the present status of happiness economics. In Section 3 we consider the practical … applicability of happiness economics, retaining the assumption of ordinal individual utilities. In Section 4 we introduce a cardinal … utility concept, which seems to us the natural consequence of the happiness economics methodology. In Section 5 we sketch how …

work in economics and social psychology; and (ii) gives rise to a clean experimental test design that discriminates between …