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: | EN |
Published: |
International Institute of Islamic Thought
2002
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Online Access: | https://doaj.org/article/a8b503d3e0e14bd2a4d21ca25d46cd7f |
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