DECISION-MAKING IN CONDITIONS OF UNCERTAINTY AND THE GAMES THEORY IN MODELING ISLAMIC ECONOMIC

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ABOLHASANI ASGHAR; HASANI MOGHADDAM RAFI

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Journal: Journal of Iran's Economic Essays; an Islamic approach Year:2010 | Volume:7 | Issue:13 Page(s): 9-43

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Title

DECISION-MAKING IN CONDITIONS OF UNCERTAINTY AND THE GAMES THEORY IN MODELING ISLAMIC ECONOMIC

Author(s)

ABOLHASANI ASGHAR | HASANI MOGHADDAM RAFI | Issue Writer Certificate

Keywords

ISLAMIC ECONOMICQ3

NORMATIVE STATEMENTSQ3

DESCRIPTIVE STATEMENTSQ3

GAMES THEORYQ3

DECISION-MAKING IN UNCERTAIN CONDITIONSQ3

Abstract

During the past fifty years, important theories have been introduced to economics, which have undergone great review in the past two decades. Two of these theories, which have great applicability in analyzing economic subjects especially in the field of finance, are reviewed in this paper. Decision-making in uncertainty and the GAMES THEORY are two subjects that have applications in Islamic banking. In this article, the common economic and ISLAMIC ECONOMIC are divided into normative and DESCRIPTIVE STATEMENTS, each. Thus, along with a general review of decision-making in conditions of uncertainty and the GAMES THEORY, these concepts, too, have been divided into descriptive and NORMATIVE STATEMENTS. It has been shown that some of these concepts have applications in ISLAMIC ECONOMIC. Additionally, applications of the discussions related to the GAMES THEORY and decisionmaking in uncertainty are provided, in areas such as finance, banking, and Islamic business.

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APA: Copy

ABOLHASANI, ASGHAR, & HASANI MOGHADDAM, RAFI. (2010). DECISION-MAKING IN CONDITIONS OF UNCERTAINTY AND THE GAMES THEORY IN MODELING ISLAMIC ECONOMIC. JOURNAL OF ECONOMIC ESSAYS, 7(13), 9-43. SID. https://sid.ir/paper/109004/en

Vancouver: Copy

ABOLHASANI ASGHAR, HASANI MOGHADDAM RAFI. DECISION-MAKING IN CONDITIONS OF UNCERTAINTY AND THE GAMES THEORY IN MODELING ISLAMIC ECONOMIC. JOURNAL OF ECONOMIC ESSAYS[Internet]. 2010;7(13):9-43. Available from: https://sid.ir/paper/109004/en

IEEE: Copy

ASGHAR ABOLHASANI, and RAFI HASANI MOGHADDAM, “DECISION-MAKING IN CONDITIONS OF UNCERTAINTY AND THE GAMES THEORY IN MODELING ISLAMIC ECONOMIC,” JOURNAL OF ECONOMIC ESSAYS, vol. 7, no. 13, pp. 9–43, 2010, [Online]. Available: https://sid.ir/paper/109004/en

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