The study of institutions has been a thriving field of research within many academic disciplines. The reach of that research seems to be constrained by the little sophistication in the description of human agency and by the lack of attempts at establishing a connection between individuals and institutions. Following Hayek [1952] and Bandura [1977] we embrace a richer account of human agency, ac…
this paper aims at studying the effects of learning on team functioning. In an experimental game requering cooperation and coordination. Results allow confirming previous findings: Individual tend to developed high-rountinized paths of behaviour, extending the strategies learned in the past, to new situations faced. Learning proceses yet, are not based on the mechanical repetition of the some c…
People mainly expect that conventional economics can reducethe crisis of life. It has, however, weaknes and incapability to handle current economics problems. Islamic economics, a field of economics that relates to Islamic law, appears to be an alternative concept to handle these problems. The history of Islamic economics has been growing since the civilized society of Madinah was built up. But…