Fairness and Ethics in Spending

Hassan Ghassan ()

MPRA Paper from University Library of Munich, Germany

Abstract: Islamic faith and the ethical dimensions of the individual and the community have a significant role in guiding economic behavior by connecting the worldly life to the hereafter. In the Islamic economics paradigm, we exhibit the good (bad) attributes of ethical (unethical) behavior by relating ethics to the economic behavior of spending. In this paper, we contribute to developing a measure of the overspending and underspending that allows testing the presence of wastefulness and niggardliness. The article is published on https://pms.lifescienceglobal.com/index.php/jrge/article/view/4060

Keywords: Consumer behavior; Spending; Ethical utility; Earning layer; Belief holding; Threshold spending; Islamic economics. (search for similar items in EconPapers)
JEL-codes: D1 D11 D83 I3 (search for similar items in EconPapers)
Date: 2015-11-06, Revised 2016-01-15
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Related works:
Journal Article: Fairness and Ethics in Spending (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122977

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