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A Theory of Cost-Benefit Analysis in Islamic Economics

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

Chapter 3 in The Principles of Islamic Political Economy, 1992, pp 66-91 from Palgrave Macmillan

Abstract: Abstract The methodology of social welfare function and its extension to cost-benefit analysis will now be adapted to the case of Islamic economics. Some of the critical points will be pointed out first.

Keywords: Discount Rate; Opportunity Cost; Social Welfare Function; Policy Variable; Certainty Equivalent (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22439-5_4

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DOI: 10.1007/978-1-349-22439-5_4

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