E-Book, Englisch, 233 Seiten
Reihe: Perspectives in Behavioral Economics and the Economics of Behavior
Mohamed / Mirakhor / Erbas Belief and Rule Compliance
1. Auflage 2018
ISBN: 978-0-12-813813-7
Verlag: Elsevier Science & Techn.
Format: EPUB
Kopierschutz: 6 - ePub Watermark
An Experimental Comparison of Muslim and Non-Muslim Economic Behavior
E-Book, Englisch, 233 Seiten
Reihe: Perspectives in Behavioral Economics and the Economics of Behavior
ISBN: 978-0-12-813813-7
Verlag: Elsevier Science & Techn.
Format: EPUB
Kopierschutz: 6 - ePub Watermark
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
Hazik Mohamed is the Managing Director of Stellar Consulting Group Pte. Ltd. which is based in Singapore. Academically, his wide research interests include behavioral investigations into human decision-making using game theory via conventional and Islamic economics perspectives. Professionally, he is currently working on blockchain-based innovations and business growth strategies for start-ups. Hazik holds a Ph.D. in Islamic Finance from the International Centre for Education in Islamic Finance (INCEIF) in Malaysia as well as M.Sc. in Finance from Baruch College in New York and B.Sc. in Mechanical Engineering from the University of Arkansas, Fayetteville.