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Neuroeconomics: Promises and Pitfalls for Islamic Economics الاقتصاد العصبي: وعود وعثرات للاقتصاد الإسلامي

In: Lectures in Islamic Economics and Finance, Selected From Wednesday Seminars-08 محاضرات في الاقتصاد والتمويل الإسلامي ، مختارة من حوارات الأربعاء - 08

Author

Listed:
  • Necati Aydin

    (Economics Department College of Business Administration King Saud University)

Abstract

Neuroeconomics is a relatively new interdisciplinary field of economics dealing with microeconomics issues such as choice, preferences, utility through exploring the underpinning brain interactions behind human decisions. With the recent development in functional neuroimaging, the field provides a unique opportunity to unlock the black box of human nature and understand human behaviors through mapping and measuring certain brain activation in respect to particular stimulus. Currently, many top universities such as Duke, NYU, University of Pennsylvania, George Mason, and Stanford have research centers on neuroeconomics. This paper discusses promises and pitfalls of neuroeconomics for both conventional and Islamic economics. It particularly examines the potential use of neuroimaging to test economic axioms and hypotheses from Islamic perspective. It also covers two ongoing Islamic neureconomics research projects conducted by Dr. Aydin in collaboration with Dr. Brewer from Yale University, on meditation and gratitude using fMRI. يعد الاقتصاد العصبي مجالًا جديدًا متعدد التخصصات للاقتصاد يتعامل مع قضايا الاقتصاد الجزئي مثل الاختيار والأفضليات والفائدة من خلال استكشاف التفاعلات الداعمة للدماغ وراء القرارات البشرية. مع التطور الأخير في التصوير العصبي الوظيفي ، يوفر الحقل فرصة فريدة لفتح الصندوق الأسود للطبيعة البشرية وفهم السلوكيات البشرية من خلال رسم الخرائط وقياس تنشيط بعض الدماغ فيما يتعلق بالتحفيز معين. يوجد حاليًا في العديد من الجامعات الكبرى مثل ديوك ونيويورك وجامعة بنسلفانيا وجورج ماسون وستانفورد مراكز أبحاث في الاقتصاد العصبي. تناقش هذه الورقة الوعود والمآزق في الاقتصاد العصبي لكل من الاقتصاد التقليدي والإسلامي. ويبحث بشكل خاص الاستخدام المحتمل للتصوير العصبي لاختبار البديهيات الاقتصادية والفرضيات من منظور إسلامي. كما أنه يغطي مشروعين بحثيين في علم الاقتصاد العصبي الإسلامي يجريهما الدكتور أيدين بالتعاون مع الدكتور بروير من جامعة ييل ، حول التأمل والامتنان باستخدام الرنين المغناطيسي الوظيفي.

Suggested Citation

  • Necati Aydin, 2013. "Neuroeconomics: Promises and Pitfalls for Islamic Economics الاقتصاد العصبي: وعود وعثرات للاقتصاد الإسلامي," Chapters of books published by the Islamic Economics Institute, KAAU or its faculty members., in: Islamic Economics Institute (ed.),Lectures in Islamic Economics and Finance, Selected From Wednesday Seminars-08 محاضرات في الاقتصاد والتمويل الإسلامي ، مختارة من حوارات الأربعاء - 08, edition 0, chapter 19, pages 187-222, King Abdulaziz University, Islamic Economics Institute..
  • Handle: RePEc:abd:ieibch:764
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    References listed on IDEAS

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    1. Black, Fischer, 1976. "The pricing of commodity contracts," Journal of Financial Economics, Elsevier, vol. 3(1-2), pages 167-179.
    2. Mr. Juan Sole & Andreas Jobst, 2012. "Operative Principles of Islamic Derivatives: Towards a Coherent Theory," IMF Working Papers 2012/063, International Monetary Fund.
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