Belief and Rule Compliance
An Experimental Comparison of Muslim and Non-Muslim Economic Behavior
Business & Finance, Economics, Econometrics, Management & Leadership, Decision Making & Problem Solving
| Author: | Hazik Mohamed, Abbas Mirakhor, Nuri Erbaş | ISBN: | 9780128138137 |
| Publisher: | Elsevier Science | Publication: | September 20, 2018 |
| Imprint: | Academic Press | Language: | English |
| Author: | Hazik Mohamed, Abbas Mirakhor, Nuri Erbaş |
| ISBN: | 9780128138137 |
| Publisher: | Elsevier Science |
| Publication: | September 20, 2018 |
| Imprint: | Academic Press |
| Language: | English |
Belief and Rule Compliance: An Experimental Comparison of Muslim and Non-Muslim Economic Behavior uses modern behavioral science and game theory to examine the behavior and compliance of Muslim populations to Islamic Finance laws and norms. The work identifies behaviors characterized by unexpected complexity and profound divergence, including expectations for sharing, cooperation and entrepreneurship gleaned from studies. Adopting a unique set of recent empirical observations, the work provides a reliable behavioral foundation for practitioners seeking to evaluate, create and market Islamic financial products.
- Covers the economic behavior of Muslims and non-Muslims
- Indicates when, and if, economic behavior confirms/opposes rational self-interest assumptions
- Links rule compliance with risk sharing concepts in Islamic Finance
- Applies game theory to understand behavioral rules compliance regarding Islamic Finance laws
- Explores behavioral implications for creating and marketing new financial products
Belief and Rule Compliance: An Experimental Comparison of Muslim and Non-Muslim Economic Behavior uses modern behavioral science and game theory to examine the behavior and compliance of Muslim populations to Islamic Finance laws and norms. The work identifies behaviors characterized by unexpected complexity and profound divergence, including expectations for sharing, cooperation and entrepreneurship gleaned from studies. Adopting a unique set of recent empirical observations, the work provides a reliable behavioral foundation for practitioners seeking to evaluate, create and market Islamic financial products.
- Covers the economic behavior of Muslims and non-Muslims
- Indicates when, and if, economic behavior confirms/opposes rational self-interest assumptions
- Links rule compliance with risk sharing concepts in Islamic Finance
- Applies game theory to understand behavioral rules compliance regarding Islamic Finance laws
- Explores behavioral implications for creating and marketing new financial products
