Belief and Rule Compliance - Hazik Mohamed - Abbas Mirakhor - Nuri Erba

Belief and Rule Compliance

Hazik Mohamed - Abbas Mirakhor - Nuri Erba
pubblicato da Elsevier Science

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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