Fairness and Ethics in Spending

Ghassan, Hassan Belkacem (2015): Fairness and Ethics in Spending. Published in: Journal of Reviews on Global Economics , Vol. 5, (18 August 2016): pp. 281-287.

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.

https://pms.lifescienceglobal.com/index.php/jrge/article/view/4060

• Item Type: MPRA Paper
• Language: English
• Keywords: Consumer behavior; Spending; Ethical utility; Earning layer; Belief holding; Threshold spending; Islamic economics.
• Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics; D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search ; Learning ; Information and Knowledge ; Communication ; Belief ; Unawareness; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty

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