Radical uncertainty, non-predictability, antifragility and risk-sharing Islamic finance

Radical uncertainty, non-predictability, antifragility and risk-sharing Islamic finance

Show other versions (1)

Under conditions of radical uncertainty, risk sharing renders financial systems anti-fragile. Our goal in this paper is to show that risk-sharing Islamic finance (RSIF) shares the characteristics defined by Taleb for an anti-fragile system, by mapping some characteristics of anti-fragility onto thos...

Full description

Bibliographic Details
Main Authors: Umar Rafi, Abbas Mirakhor, Hossein Askari
Format: Article
Language:English
Published: Associazione Economia civile 2016-12-01
Series:PSL Quarterly Review
Subjects:
Risk sharing
antifragility
skin-in-the-game
no gain without risk
Islamic financ
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13794/13565

Similar Items

Similar Items