Maximization Postulates and Their Efficacy for Islamic Economics
This paper examines the nature and role of maximization postulates concerning profit and utility in the mainstream price theory formation, from a methodological perspective. Mainstream economics retains these postulates, despite much criticism, mainly for two reasons. Firstly, they help establish...
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| Format: | Article |
| Language: | English |
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International Institute of Islamic Thought
2002-01-01
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| Series: | American Journal of Islam and Society |
| Online Access: | https://www.ajis.org/index.php/ajiss/article/view/1977 |