Divine Economics Propositions-Copy right protected

The Divine Economics propositions can be used for research without any prior permission from the author subject to proper citation as under;

How to cite:

Hamdani, Syed Nisar Hussain (2017), Divine Economics Propositions – Insights for Future Research, Discussion series,

S.No Proposition Author Year
1 Divinely attributes such as spirituality, religiosity, ethics and reinforcement systematically affect the human decisions about time and resource allocation. Dr. Nisaar Hmadani 2014
2 The economic allocation behavior of the agents having higher level of universal values is likely to be systematically different from those having lower level of universal values when other things are assumed constant. Dr. Nisaar Hmadani 2016
3 Spiritual places induce or reinforce more spending for spiritual or religious purposes hence higher religiosity or spirituality is likely to alter the whole economic allocation pattern. Dr. Nisaar Hmadani 2016
4 Faith based afterlife incentives promised by religions systematically affect economic behavior in general and philanthropic behavior in particular Dr. Nisaar Hmadani 2016
5 Faith based afterlife incentives promised by religions systematically affect economic behavior in general and volunteering in particular Dr. Nisaar Hmadani 2016
6 The level of true religiosity affects the workers’ efficiency in the same way the efficiency-wage while other things held constant. Dr. Nisaar Hmadani 2016
7 Religiosity level affects the female job selection, job satisfaction and hours of labor supply Dr. Nisaar Hmadani 2016
8 The types of spiritual capital systematically affect the economic decision making of the individuals Dr. Nisaar Hmadani 2016
9 Individuals with some forms of religiosity would avoid cutting trees unnecessarily, polluting public water, wasting personal water, and creating other forms of negative externalities. Dr. Nisaar Hmadani 2016
10 Other things held constant, a higher level of Divine Capital attributes among individuals shall lead to a systematically different amounts of demand, supply, and quality of food. For example, a more ethical supplier shall supply more secure foods. A more religious individual shall demand lesser quantity of insecure goods which are religiously prohibited [Haraam] or disliked [Makrooh]. Dr. Nisaar Hmadani 2016
11 Religious beliefs and attitudes have a stronger influence on households’ willingness to pay for clean water, solid waste and environmental purity, compared to other conventional economic factors. Dr. Nisaar Hmadani 2016