Comparison of Islamic, Traditional and Alternative Utility Theories

DEMİRSOY, Sümeyye and CAN, Mehmet (2010) Comparison of Islamic, Traditional and Alternative Utility Theories. In: 2nd International Symposium on Sustainable Development, June 8-9 2010, Sarajevo.


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Decision making under uncertainty is always trying to be explained by utility theory. And utility theory‘s roots rely on moral philosophy. Moral philosophy is concerning concepts about good and bad, right and wrong, virtue, justice, etc. It can be say that utilitarianism, which is a field of moral philosophy, is more directly about utility theory. Throughout the human history, from Prophet Abraham to Greek philosophers; Socrates, Aristotle, Epicurus, to Islam scholars al Kindi, al-Farabi, al-Razi, Ibn-i Sina, Ibni Rushd, Ibn-i Haldun, all discussed about ethics and utility concept.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > HB Economic Theory
Depositing User: Mr. Ibrahim Kinal
Date Deposited: 03 Feb 2012 08:21
Last Modified: 25 Feb 2012 18:01

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