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Rationality, integrity, and religious behavior

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  • Cosgel, Metin M.
  • Minkler, Lanse

Abstract

Religions typically prescribe their followers to display distinct behavior in consumption, production, and exchange. Well-known are the examples of Catholics not eating meat on Fridays during Lent, Hindus being vegetarian and Muslims and Jews avoiding pork, Muslims praying five times a day, and Jews and Christians observing the Sabbath. As a common theme in these examples, individuals are asked to commit to a behavioral pattern by consistently choosing one course of action over its alternatives and not to deviate from the pattern even as circumstances (e.g., prices, cost, endowment) change. Although some followers of a religion may not be observing a prescribed behavior strictly and there may be some nonreligious individuals who might also be displaying the same pattern, that all followers typically observe the same pattern but with varying levels of compliance nevertheless suggests a source of behavioral commitment emanating from religious belief. Economists typically approach this type of behavior in one of two general ways. The first is to view religious behavior as being less rational or outright irrational and thus outside of the domain of economics. An alternative approach that has recently grown in popularity has been to provide economic explanations of the nature and consequences of religious behavior. These explanations typically apply economic concepts and models by viewing believers as rational consumers and religious organizations as clubs or firms that collectively constitute a religious market. Supply side factors like differences in opportunity sets, demand side factors like distinct preferences of believers, or social factors like peer-pressure have been variously proposed to explain distinct behavior.1 We advocate a third general approach in this paper by borrowing insights from other disciplines, particularly from philosophy. Identifying the weaknesses of previous economic explanations, we offer an alternative explanation that relies on philosophic

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 33 (2004)
Issue (Month): 3 (July)
Pages: 329-341

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Handle: RePEc:eee:soceco:v:33:y:2004:i:3:p:329-341

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Web page: http://www.elsevier.com/locate/inca/620175

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References

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  1. Hausman, Daniel & McPherson, Michael, 1994. "Preference, Belief, and Welfare," American Economic Review, American Economic Association, vol. 84(2), pages 396-400, May.
  2. Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 75-111, March.
  3. Laurence R. Iannaccone, 1998. "Corrigenda [Introduction to the Economics of Religion]," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1941-1941, December.
  4. Anderson, Gary M, 1988. "Mr. Smith and the Preachers: The Economics of Religion in the Wealth of Nations," Journal of Political Economy, University of Chicago Press, vol. 96(5), pages 1066-88, October.
  5. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
  6. Lanse P. Minkler & Thomas J. Miceli, 2002. "Lying, Integrity, and Cooperation," Working papers 2002-39, University of Connecticut, Department of Economics.
  7. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August.
  8. Frank, Robert H, 1987. "If Homo Economicus Could Choose His Own Utility Function, Would He Want One with a Conscience?," American Economic Review, American Economic Association, vol. 77(4), pages 593-604, September.
  9. Patrick Welch & J. J. Mueller, 2001. "The Relationships of Religion to Economics," Review of Social Economy, Taylor & Francis Journals, vol. 59(2), pages 185-202.
  10. Kuran, Timur, 1990. "Private and Public Preferences," Economics and Philosophy, Cambridge University Press, vol. 6(01), pages 1-26, April.
  11. Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1465-1495, September.
  12. Alanson P. Minkler, 1997. "The Problem with Utility: Towards a Non-Consequentialist / Utility Theory Synthesis," Working papers 1997-09, University of Connecticut, Department of Economics.
  13. Iannaccone, Laurence R, 1992. "Sacrifice and Stigma: Reducing Free-Riding in Cults, Communes, and Other Collectives," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 271-91, April.
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Cited by:
  1. Esa Mangeloja, 2004. "Economic Growth and Religious Production Efficiency," DEGIT Conference Papers c009_040, DEGIT, Dynamics, Economic Growth, and International Trade.
  2. Metin Cosgel, 2005. "The Socioeconomics of Consumption: Solutions to the Problems of Interest, Knowledge, and Identity," Working papers 2005-46, University of Connecticut, Department of Economics.
  3. Metin Cosgel, 2005. "Conversations between Anthropologists and Economists," Working papers 2005-29, University of Connecticut, Department of Economics.
  4. Oliveira, Livio Luiz Soares de, 2013. "A teoria econômica da religião: aspectos gerais
    [Economics of religion: general aspects]
    ," MPRA Paper 52012, University Library of Munich, Germany.

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