Matches in SemOpenAlex for { <https://semopenalex.org/work/W2969605812> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W2969605812 abstract "Profit and Loss (PLS) sharing contracts in Islamic finance are considered to be fair economic practices as they focus on sharing profits and losses between the project’s participants. This mode, however, suffers from asymmetric information in the form of moral hazards and adverse selection. The purpose of this paper is to reduce moral hazards by developing an equilibrium profit sharing ratio’s span of negotiation in a PLS contract involving a financier and a entrepreneur. We aim to establish an agent based model that will help the financier decide whether to accept financing a contract. We make use of game theory techniques and we test our results using an agent based simulation tool (Netlogo). We found theoretical evidence that a Nash equilibrium span of negotiation, for both profit sharing ratios, can be developed which is both rational and incentive compatible to both participants. However, the simulation tool suggests that despite the existence of an average positive span of negotiaton , financial contracts might not be extendes if the number of void contracts in a simulation exceeds a specefied threshold. The usefulness of the agent based simulation tool has added value to our theoretical finding by suggesting when PLS contracts can or con’t be signed." @default.
- W2969605812 created "2019-08-29" @default.
- W2969605812 creator A5028213087 @default.
- W2969605812 creator A5053920106 @default.
- W2969605812 date "2018-09-04" @default.
- W2969605812 modified "2023-09-23" @default.
- W2969605812 title "Profit ratio Negotiability model in Entrepreneurial Financing Using Game Theory and Agent Based Simulation as an Aid to Decision Making" @default.
- W2969605812 cites W2016426330 @default.
- W2969605812 cites W2087660433 @default.
- W2969605812 cites W2312980055 @default.
- W2969605812 cites W3124830261 @default.
- W2969605812 hasPublicationYear "2018" @default.
- W2969605812 type Work @default.
- W2969605812 sameAs 2969605812 @default.
- W2969605812 citedByCount "0" @default.
- W2969605812 crossrefType "book-chapter" @default.
- W2969605812 hasAuthorship W2969605812A5028213087 @default.
- W2969605812 hasAuthorship W2969605812A5053920106 @default.
- W2969605812 hasConcept C10138342 @default.
- W2969605812 hasConcept C144133560 @default.
- W2969605812 hasConcept C162324750 @default.
- W2969605812 hasConcept C175444787 @default.
- W2969605812 hasConcept C177142836 @default.
- W2969605812 hasConcept C17744445 @default.
- W2969605812 hasConcept C181622380 @default.
- W2969605812 hasConcept C199539241 @default.
- W2969605812 hasConcept C199776023 @default.
- W2969605812 hasConcept C2777661119 @default.
- W2969605812 hasConcept C29122968 @default.
- W2969605812 hasConcept C32252159 @default.
- W2969605812 hasConcept C46814582 @default.
- W2969605812 hasConcept C79301358 @default.
- W2969605812 hasConceptScore W2969605812C10138342 @default.
- W2969605812 hasConceptScore W2969605812C144133560 @default.
- W2969605812 hasConceptScore W2969605812C162324750 @default.
- W2969605812 hasConceptScore W2969605812C175444787 @default.
- W2969605812 hasConceptScore W2969605812C177142836 @default.
- W2969605812 hasConceptScore W2969605812C17744445 @default.
- W2969605812 hasConceptScore W2969605812C181622380 @default.
- W2969605812 hasConceptScore W2969605812C199539241 @default.
- W2969605812 hasConceptScore W2969605812C199776023 @default.
- W2969605812 hasConceptScore W2969605812C2777661119 @default.
- W2969605812 hasConceptScore W2969605812C29122968 @default.
- W2969605812 hasConceptScore W2969605812C32252159 @default.
- W2969605812 hasConceptScore W2969605812C46814582 @default.
- W2969605812 hasConceptScore W2969605812C79301358 @default.
- W2969605812 hasLocation W29696058121 @default.
- W2969605812 hasOpenAccess W2969605812 @default.
- W2969605812 hasPrimaryLocation W29696058121 @default.
- W2969605812 hasRelatedWork W128291280 @default.
- W2969605812 hasRelatedWork W1480476241 @default.
- W2969605812 hasRelatedWork W1521423710 @default.
- W2969605812 hasRelatedWork W1565136359 @default.
- W2969605812 hasRelatedWork W1871361914 @default.
- W2969605812 hasRelatedWork W187974489 @default.
- W2969605812 hasRelatedWork W1998067338 @default.
- W2969605812 hasRelatedWork W2003911262 @default.
- W2969605812 hasRelatedWork W2006637148 @default.
- W2969605812 hasRelatedWork W2044321338 @default.
- W2969605812 hasRelatedWork W2101720819 @default.
- W2969605812 hasRelatedWork W2122495957 @default.
- W2969605812 hasRelatedWork W2132144864 @default.
- W2969605812 hasRelatedWork W2296670340 @default.
- W2969605812 hasRelatedWork W2340724479 @default.
- W2969605812 hasRelatedWork W2895924990 @default.
- W2969605812 hasRelatedWork W2940773126 @default.
- W2969605812 hasRelatedWork W3136514040 @default.
- W2969605812 hasRelatedWork W3138299917 @default.
- W2969605812 hasRelatedWork W3162163947 @default.
- W2969605812 isParatext "false" @default.
- W2969605812 isRetracted "false" @default.
- W2969605812 magId "2969605812" @default.
- W2969605812 workType "book-chapter" @default.