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Economic analysis of decision-making and human and Islamic values in choosing a spouse

    Authors

    • SeyedAliReza Mirmajidy 1
    • Seyed Reza Hoseini 2
    • Seyed Hadi Arabi 3

    1 Economics Department, Research Institute of Hawzah and University

    2 Associate Professor of Economics at the Research Institute and University

    3 Associate Professor of Economics, University of Qom

,
10.30471/iee.2023.9165.2300
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Abstract

Gary Becker, as the creator of family economics, believes that humans maximize their utility in all their behaviors based on a set of stable preferences and an optimal amount of information. If it is shown that people do not behave based on the maximization of utility in some areas of their lives, the efficiency of the economic approach in their analysis will be doubted. This article introduces decision-making theories and examines the appropriateness of each of them regarding family choices according to its specific characteristics. This research uses analytical-descriptive method to explain how human and Islamic values affect family decisions. This study uses the content analysis of verses and narrations and its comparison with the famous inferences of Shia jurists to understand the scope of maximalist behavior in choosing a spouse. It concludes that behaviors that are subject to mandatory or haram rulings are within the scope of contextual behavior and outside the scope of application of the economic approach. The behaviors that are subject to the rules of recommended or prohibited can be both contextual and optimization, and the economic approach is applicable to some extent in their analysis. Behaviors that are not subject to the mentioned rules are in the scope of rational behavior and it is expected that the economic approach can be used well in their analysis.

Keywords

  • Family economics
  • Rational decision-making
  • Maximization
  • Contextual behavior
  • Intuition
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References
  1. اقدس‌طینت، جواد؛ علی‌رضا پورفرج و زهرا کریمی موغاری (۱۳۹۸)، «ماهیت ترکیبی تصمیم‎گیری: «بهینه‎سازی» و «تصمیم‎گیری نهادی»»، جستارهای اقتصادی ایران، 16(32)، ص121−
  2. ‏‫الوانی، سیدمهدی (۱۴۰۰)، «معیارهای تصمیم گیری اخلاقی انسانی مدیران در شرایط پیچیدگی محیطی مطالعه موردی، سازمان تأمین اجتماعی»، پژوهش‌های اخلاقی، 12(1)، ص259−
  3. ‏‫رحیمی، مهدی و بهرام جوکار (۱۳۹۴)، «پیش‎بینی تصمیم‎گیری تحلیلی توسط هیجان شادی و ابعاد سبک‌های شناختی با واسطه‎گری تمایلات فراشناختی»، شناخت اجتماعی، 4(1)، ص7-27.
  4. ‏‫سندل، مایکل (۱۳۹۹)، آنچه با پول نمی‎توان خرید: ‎مرزهای اخلاقی بازار، ترجمه حسن افشار تهران: نشر مرکز.
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  6. ‏‫مارچ، جیمز (۱۳۹۶)، درآمدی بر علم تصمیم‎گیری:‎ تصمیم‎گیری چگونه رخ می‎دهد، ترجمه ابراهیم افشار، (ج ۱−1). تهران: نشر نی.
  7. Becker, Gary S, (1976), The Economic Approach to Human Behavior, University of Chicago Press.
  8. Bryant, W. Keith; & Zick, Cathleen D, (2006), The Economic Organization of the Household (Second Edition), USA: Cambridge University Press.
  9. Diniz, João Pinto, (2016), Intuition and Data in Decision Making: How does ncertainty affect the Decision Making Process?, School of Economics and Management of University of Porto.
  10. Goodwin, Neva; Harris, Jonathan M; Nelson, Julie A; Joshi Rajkarnikar, Pratistha; Roach, Brian; & Torras, Mariano, (2019), Microeconomics in Context (Fourth). Routledge.
  11. Inbar, Yoel; Cone, Jeremy; & Gilovich, Thomas, (2010), "People’s Intuitions About Intuitive Insight and Intuitive Choice", Journal of Personality and Social Psychology, 99(2), 232–247.
  12. Ju, Bai; Junwen, Feng; & Chenglin, Miao, (2007), "INTUITIVE DECISION THEORY ANALYSIS AND THE EVALUATION  MODEL", Management Science and Engineering, 1(2), 63−
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  14. Radin, Margaret Jane; & Sunder, Madhavi, (2004), The Subject and Object of Commodification. UNIVERSITY OF CALIFORNIA DAVIS, SCHOOL OF LAW.
  15. Turpin, Marita; & Marais, Mario, (2004), Decision-making: Theory and practice. ORiON, 20. https://doi.org/10.5784/20-2-12.
  16. White, James M, (2005), Advancing Family Theories. SAGE.
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Journal of Economic Essays: an Islamic Approach
Volume 19, Issue 37 - Serial Number 37
March 2022
Pages 315-338
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  • Article View: 927
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APA

Mirmajidy, S., Hoseini, S. R., & Arabi, S. H. (2022). Economic analysis of decision-making and human and Islamic values in choosing a spouse. Journal of Economic Essays: an Islamic Approach, 19(37), 315-338. doi: 10.30471/iee.2023.9165.2300

MLA

SeyedAliReza Mirmajidy; Seyed Reza Hoseini; Seyed Hadi Arabi. "Economic analysis of decision-making and human and Islamic values in choosing a spouse". Journal of Economic Essays: an Islamic Approach, 19, 37, 2022, 315-338. doi: 10.30471/iee.2023.9165.2300

HARVARD

Mirmajidy, S., Hoseini, S. R., Arabi, S. H. (2022). 'Economic analysis of decision-making and human and Islamic values in choosing a spouse', Journal of Economic Essays: an Islamic Approach, 19(37), pp. 315-338. doi: 10.30471/iee.2023.9165.2300

VANCOUVER

Mirmajidy, S., Hoseini, S. R., Arabi, S. H. Economic analysis of decision-making and human and Islamic values in choosing a spouse. Journal of Economic Essays: an Islamic Approach, 2022; 19(37): 315-338. doi: 10.30471/iee.2023.9165.2300

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