ভূমিকা

Shiavault - a Vault of Shia Islamic Books The Era of Imam Mahdi the New Global Leisure Demand Leisure is the core component of a person's well-being, as he earns and spends time to enjoy this phenomenon which increases her pleasure from life. Conventionally leisure is taken to be the residual term from a utility maximizing (which is money metric) behavior of a consumer, where he determines the labor supply commitment and the left over is the time for leisure and consumption.

In this case the leisure is taken as a commodity, which is bought back by paying a price (wage), hence it becomes a kind of an opportunity cost and taken as an expenditure. This is the conventional approach, in our analysis we take it from the perspective that there is a committed leisure requirement and then over and above that is the consumer choice problem. As every individual is in a state of dynamic optimization i.e.

maximizing one's happiness at each point of time considering the time and resource constraint and a planning horizon which goes beyond the current life on earth (Hamdani 2002, 2004, 2006). He has to obey certain natural and implicit social constraints for his lively hood. Which are defined in the divine religions.

He distributes his resources in such a manner, which is based on economic rationality as per conventional school of thought where as the Divine Economics school of thought proposes various committed (necessary allocations) and optional commitments basing on a life horizon which is infinite as well as the transformed outcomes value to one's well-being.

So in a total sense it is not the Material objectivity of life which ensures happiness There are certain behaviors, which encompasses those allocations, which doesn't have a direct impact on ones material well-being. There could be other objective functions such as time metric utility function which can be used Now taking the utilitarian approach the quest of human being would be to maximize their living standards, and well-being which are classified as economic, social, religious and personal.