Belief and Rule Compliance

An Experimental Comparison of Muslim and Non-Muslim Economic Behavior

Business & Finance, Economics, Econometrics, Management & Leadership, Decision Making & Problem Solving
Cover of the book Belief and Rule Compliance by Hazik Mohamed, Abbas Mirakhor, Nuri Erbaş, Elsevier Science
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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
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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