| Description |
1 online resource (236 pages) |
| Series |
Perspectives in Behavioral Economics and the Economics of Behavior Ser |
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Perspectives in behavioral economics and the economics of behavior.
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| Contents |
Front Cover; Belief and Rule Compliance: An Experimental Comparison of Muslim and Non-Muslim Economic Behavior; Copyright; Contents; Chapter 1: Introduction; 1.1 Background; 1.2 Objectives and Outline; Chapter 2: Theoretical Frameworks; 2.1 Neoclassical Economics: Concepts and Limitations; 2.1.1 Rational Choice Model & Decision Theory; 2.1.2 Transaction Costs and Efficiency; 2.1.3 Property Rights and Their Dimensions; 2.2 Four Levels of Institutional Analysis Framework; 2.2.1 Social Theory -- Embeddedness (Informal Rules of the Game) |
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2.2.2 Institutional Environment (Formal Rules of the Game)2.2.3 Governance of Contractual Relations (Play of the Game); 2.2.3.1 Rule Setting; Mutual Agreement; Ensuring Justice (Qist); Distribution and Redistribution; 2.2.3.2 Enforcement of Rules; 2.2.3.3 The Implications of the Rules; 2.2.3.4 The Role of Collective Action; 2.2.4 Resource Allocation and Employment (Motivation for the Game); 2.2.4.1 Incentive Systems for All; 2.3 Rules of Behaviour According to Qur'ān and Sunnah; 2.3.1 Rule-Compliance and Discouraging Noncompliance (Capstone Rule); 2.3.2 Cooperation |
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2.3.3 Consultation2.3.4 Contract; 2.3.5 Free-Flow of Information; 2.3.6 Property Rights; 2.3.7 Reciprocity; 2.3.8 Right Not to Be Harmed, and the Obligation Not to Harm (Golden Rule); 2.3.9 Trust; 2.4 Positivism Versus Ethicism; Chapter 3: Game Theory and Human Behaviour; 3.1 Uncertainty and Decision-Making in Uncertainty; 3.2 Principles of Human Decision Making; 3.2.1 Individualistic Dimension; 3.2.1.1 Biases in Assessments of Information; 3.2.1.2 Subjective Assessments of Value; 3.2.1.3 Choice Construction; 3.2.1.4 Willpower, Procrastination and Temptation |
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3.2.2 Social Dimension3.2.2.1 Social Preferences; 3.2.2.2 The Influence of Social Networks; 3.2.2.3 The Role of Social Norms; 3.2.3 Mental Frames Dimension; 3.2.3.1 The Impact on Thoughts and Actions; 3.2.3.2 The Effects of Identity Saliency; 3.2.3.3 Shaping Beliefs, Ideologies and Biases; 3.2.4 Divine Dimension; 3.2.4.1 Revelation in the Scriptures; 3.2.4.2 Morality and Practical Decision-Making; 3.2.4.3 Moral Dilemmas: The Case of the Abandoned Ship; Chapter 4: Markets and Investment Behaviour; 4.1 Prospect Theory and Loss Aversion; 4.2 Behavioural Biases in Investing; 4.2.1 Emotions |
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4.2.1.1 Affects and Animal Spirits4.2.1.2 Hubris and Irrationality; 4.2.1.3 Mood and Investment Decisions; 4.2.1.4 Neuroeconomics and Neurofinance; The 2008 Financial Crisis -- A Psycho-Analytic Perspective; The 2008 Financial Crisis -- An Islamic Finance Perspective; 4.2.2 Framing; 4.2.2.1 Shaping the Markets; 4.2.3 Heuristics; 4.2.3.1 Heterogeneous Beliefs; 4.2.3.2 Confirmation and Hindsight Bias; 4.2.4 Market Forces; 4.2.4.1 Peer Effects and Herd Mentality; 4.2.4.2 The Influence of Institutional Investors; 4.3 Risk Preferences; 4.3.1 Gender and Investment Decisions |
| Notes |
4.3.2 Culture, Religion and Economic Choice |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record |
| Subject |
Finance -- Religious aspects -- Islam.
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Finance (Islamic law)
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Rules (Philosophy)
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rules (instructions)
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BUSINESS & ECONOMICS -- Finance.
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Finance (Islamic law)
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Finance -- Religious aspects -- Islam
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Rules (Philosophy)
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| Form |
Electronic book
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| Author |
Mirakhor, Abbas.
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Erbas, S. Nuri.
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| ISBN |
9780128138137 |
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0128138130 |
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