IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/57947.html
   My bibliography  Save this paper

The absolute equilibrum theory; a new vision of the goods exchange

Author

Listed:
  • Arem, Rim

Abstract

This paper concerns assimilation between physiques and economics. Assuming fixed time value of goods each year along with a new concept of empty goods and its interpretation on good’s exchange. We redefined the economy and briefly described the macroeconomic, the microeconomic and Islamic economic and changed the game theory and presented a new utility of gambling.

Suggested Citation

  • Arem, Rim, 2014. "The absolute equilibrum theory; a new vision of the goods exchange," MPRA Paper 57947, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:57947
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/57947/1/MPRA_paper_57926.pdf
    File Function: original version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/58014/1/MPRA_paper_57926.pdf
    File Function: revised version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/58380/1/MPRA_paper_57926.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ken Binmore, 1994. "Game Theory and the Social Contract, Volume 1: Playing Fair," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262023636, April.
    2. Tripp,Charles, 2006. "Islam and the Moral Economy," Cambridge Books, Cambridge University Press, number 9780521682442, September.
    3. Tripp,Charles, 2006. "Islam and the Moral Economy," Cambridge Books, Cambridge University Press, number 9780521863773, September.
    4. David Hirshleifer & Tyler Shumway, 2003. "Good Day Sunshine: Stock Returns and the Weather," Journal of Finance, American Finance Association, vol. 58(3), pages 1009-1032, June.
    5. Machina, Mark J, 1989. "Dynamic Consistency and Non-expected Utility Models of Choice under Uncertainty," Journal of Economic Literature, American Economic Association, vol. 27(4), pages 1622-1668, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mesfer Ahmed Mesfer Alwadai & Ali Albashir Mohammed Alhaj, 2023. "Investigating the Role of the Islamic Culture Course Syllabi in Infusing Islamic Tolerant Moral Values among University students: Staff Members' Perspectives at King Khalid University," Technium Social Sciences Journal, Technium Science, vol. 40(1), pages 71-83, February.
    2. Morvant-Roux, Solène & Guérin, Isabelle & Roesch, Marc & Moisseron, Jean-Yves, 2014. "Adding Value to Randomization with Qualitative Analysis: The Case of Microcredit in Rural Morocco," World Development, Elsevier, vol. 56(C), pages 302-312.
    3. Michèle Cohen & Johanna Etner & Meglena Jeleva, 2008. "Dynamic Decision Making when Risk Perception Depends on Past Experience," Theory and Decision, Springer, vol. 64(2), pages 173-192, March.
    4. Seda Demiralp & Selva Demiralp, 2014. "The Rational Islamic Actor? Evidence from Islamic Banking," Koç University-TUSIAD Economic Research Forum Working Papers 1425, Koc University-TUSIAD Economic Research Forum.
    5. Platteau, Jean-Philippe, 2008. "Religion, politics, and development: Lessons from the lands of Islam," Journal of Economic Behavior & Organization, Elsevier, vol. 68(2), pages 329-351, November.
    6. Luca Zarri, 2010. "On social utility payoffs in games: a methodological comparison between Behavioural and Rational Game Theory," Theory and Decision, Springer, vol. 69(4), pages 587-598, October.
    7. Deneulin, Séverine & Rakodi, Carole, 2011. "Revisiting Religion: Development Studies Thirty Years On," World Development, Elsevier, vol. 39(1), pages 45-54, January.
    8. Stefan Trautmann, 2010. "Individual fairness in Harsanyi’s utilitarianism: operationalizing all-inclusive utility," Theory and Decision, Springer, vol. 68(4), pages 405-415, April.
    9. Kamla, Rania, 2009. "Critical insights into contemporary Islamic accounting," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(8), pages 921-932.
    10. Chen, Daniel L. & Schonger, Martin, 2016. "Social preferences or sacred values? Theory and evidence of deontological motivations," TSE Working Papers 16-714, Toulouse School of Economics (TSE), revised Feb 2020.
    11. Jibril Latif, 2020. "American Muslim Character Cancellation: Framing Engagement through the Sphere of Deviance," Media and Communication, Cogitatio Press, vol. 8(4), pages 133-144.
    12. Jean-Yves Moisseron & Frederic Teulon, 2014. "Are Moral Islamic Economics an Answer to the Global Financial Crisis ?," Working Papers 2014-152, Department of Research, Ipag Business School.
    13. Dulce Redin & Reyes Calderón & Ignacio Ferrero, 2012. "Cultural Financial Traditions and Universal Ethics: the Case of Hawala," Faculty Working Papers 08/12, School of Economics and Business Administration, University of Navarra.
    14. Mohieldin, Mahmoud, 2012. "Realizing the Potential of Islamic Finance," World Bank - Economic Premise, The World Bank, issue 77, pages 1-7, March.
    15. Kader, Haithem, 2021. "Human well-being, morality and the economy: an Islamic perspective," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 28, pages 102-123.
    16. Cattelan, Valentino, 2014. "In the name of God: Managing risk in Islamic finance," eabh Papers 14-07, The European Association for Banking and Financial History (EABH).
    17. Jean-Yves Moisseron & Frederic Teulon, 2014. "Is Morality-Based Islamic Economics an Answer to the Global Financial Crisis? by: Jean-Yves Moisseron, comment هل الاقتصاد الإسلامي القائم على الأخلاق هو الحل للأزمة المالية العالمية؟ جان ايف مويسرون ," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 27(1), pages 125-138, January.
    18. Rodney Wilson, 2014. "Islamic Economics: Where From, Where To? by: Muhammad Nejatullah Siddiqi الاقتصاد الإسلامي: من أين وإلى أين؟ محمد نجاة الله صديقي - تعليق: رودني ويلسون," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 27(2), pages 73-78, July.
    19. Dulce Redín & Reyes Calderón & Ignacio Ferrero, 2014. "Exploring the Ethical Dimension of Hawala," Journal of Business Ethics, Springer, vol. 124(2), pages 327-337, October.
    20. Ozlem Sandikci, 2021. "Religion and Everyday Consumption Ethics: A Moral Economy Approach," Journal of Business Ethics, Springer, vol. 168(2), pages 277-293, January.

    More about this item

    Keywords

    Exchange goods; Relativity theory; Islamic economy; Game theory; and utility of gambling.;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • G1 - Financial Economics - - General Financial Markets
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:57947. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.