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  • Antifragility of Islamic Finance

    The Risk-Sharing Alternative

    Series Book 1 - Finance, FinTech, and Crowdfunding in Islam
    Antifragility of Islamic Finance: The Risk-Sharing Alternative explains how risk-sharing, as defined under Islamic finance, makes financial systems antifragile. It highlights the benefits of 100% equity-based finance over debt-based finance.The recent financial crisis has given rise to discussions on a new approach to risk management called antifragility. This concept specifies conditions under ... Read more

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  • The End of Theory

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  • Cost-Benefit Analysis for Project Appraisal

    Written by two leading experts, this is a compact guide to the key tools and methods necessary to carry out cost-benefit analysis (CBA). The authors use modern economic tools to obtain general equilibrium cost-benefit rules that can be used to evaluate small projects, as well as large and even mega projects. Intertemporal issues like discounting, the shadow price of capital, and the treatment of ... Read more

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  • Essentials of Advanced Macroeconomic Theory

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    Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task. In particular, the notion that markets are self-correcting and always in equilibrium appears to have taken a heavy blow. However, the jury is still out on which areas should be considered as failures and ... Read more

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  • Microeconomic Theory second edition

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    This book introduces the main concepts of microeconomics to upper division undergraduate students or first year graduate students who have undergone at least one elementary calculus course. The book fully integrates graphical and mathematical concepts and offers over 150 analytical examples demonstrating numerical solutions.The book has a strong theoretical basis but shows how microeconomics can ... Read more

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    When incentives work well, individuals prosper. When incentives are poor, the pursuit of self-interest is self-defeating. This book is wholly devoted to the topical subject of incentives from individual, collective, and institutional standpoints. This third edition is fully updated and expanded, including a new section on the 2007–08 financial crisis and a new chapter on networks as well as ... Read more

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