Neoclassical economics, behavioral economics, the concepts of rationality and limited rationality in Islamic economics and the differentiation of these concepts

Behavioral economics, which is formed by the combination of economics and psychological science, has been attracting attention with its assumptions in the recent period. The concept of the rational individual, defended by neoclassical economics, has re-emerged with behavioral economics. In the rational individual approach, most of the feelings of the individual are ignored when Deciphering the behavior of consumers who are part of the economic system. However, behavioral economics has included a person in its research without any restrictions, along with the feelings that make him exist. This current study on the basis of the economic science disciplines such as psychology and sociology the study of human social life and behavior, direct or indirect, by establishing a connection with the religious beliefs that shape human life, people are different from each other and their characters has shown that these differences reflect economic decisions. Since ethical and moral values and religious belief are in harmony with the Sunday in economic situations, issues such as welfare of society and fair distribution should also take part in the function. In the same way, the theories of behavioral economics should also be included in economic analysis. In this way, it will be possible to make economic events more understandable and better analyzed.