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An Analytical Comparison between Entrepreneurship and Speculative Activitives based on Shariah Rules and Economic Growth Using Game Theory
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Abstract: (6872 Views) |
Abstract
In this research economic outcomes of a few speculative actions according to Islamic Jurisprudence, Islamic ethics and their results on economic growth by using content analysis method has been analyzed.
Within the research, short-run speculative contracts evaluated based on three criterias :1. Non-positive sum game 2.Certain amount 3. Rule of win/loss.
The results show that the short-run speculative transanction have to be rejected whereas entrepreneurship activities must be encouraged. This approach is consistent with Islamic ethics and leads to economic growth |
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| Keywords: Keymords: Entrepreneurship, Speculation, Islamic ethics, Positive sum game, Economic Growth |
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Full-Text [PDF 247 kb]
(1043 Downloads)
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Article type: Research |
Subject:
General
Received: 2016/01/5 | Accepted: 2016/01/5 | Published: 2016/01/5
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