Microeconomic Decision-making in an Islamic Framework

Masudul Alam Choudhury
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Masudul Alam Choudhury: University College of Cape Breton

Chapter 7 in Contributions to Islamic Economic Theory, 1986, pp 87-107 from Palgrave Macmillan

Abstract: Abstract Two major methodological approaches can be discerned in the literature on economic decision-making.1 One approach has devoted itself to the development of economic decision-making studies based on cost-benefit techniques,2 capital budgeting3 and valuation of industrial projects,4 especially as the associated problems with this approach emanates from the firm’s balance-sheet and the income statement.5

Keywords: Capital Stock; Social Welfare Function; Capitalisation Rate; Investment Alternative; External Economy (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07728-1_8

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DOI: 10.1007/978-1-349-07728-1_8

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