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Dual Theories of the Firm

In: Methodological Dimension of ISLAMIC ECONOMICS

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  • Masudul Alam Choudhury

Abstract

The general theory of evaluation of the objective function of wellbeing (maslaha) in the light of the epistemology of unity of knowledge with maqasid-choices and using the method of circular causation has been laid down in the previous chapters. The same method and the underlying idea meeting the Tawhidi analytical methodology has also been particularized for special problems of economics. Therefore, the building blocks of this theory will not be treated henceforth. What will be accomplished is the application of the Tawhidi theory of unity of knowledge with the method of evaluation of the wellbeing function subject to circular causation relations…

Suggested Citation

  • Masudul Alam Choudhury, 2019. "Dual Theories of the Firm," World Scientific Book Chapters, in: Methodological Dimension of ISLAMIC ECONOMICS, chapter 7, pages 199-238, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813276024_0007
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    Keywords

    Epistemic and Economics; Economic Theory; Economic Analysis; Applications; Comparative Economics;
    All these keywords.

    JEL classification:

    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights

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