Comparison of Islamic, Traditional and Alternative Utility Theories

Comparison of Islamic, Traditional and Alternative Utility Theories

DEMİRSOY, Sümeyye
CAN, Mehmet

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.

Conference or Workshop Item
PeerReviewed

2010-06

252