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Religion, Heuristics, and Intergenerational Risk Management

Author

Listed:
  • Rupert Read
  • Nassim Nicholas Taleb

Abstract

Religions come with risk-​managing interdicts and heuristics, and they carry such interdicts and heuristics across generations. We remark on such facets of religion in relation to a propensity among some decision scientists and others to regard practices that they cannot understand as being irrational, biased, and so on.

Suggested Citation

  • Rupert Read & Nassim Nicholas Taleb, 2014. "Religion, Heuristics, and Intergenerational Risk Management," Econ Journal Watch, Econ Journal Watch, vol. 11(2), pages 219-226, May.
    • Handle: RePEc:ejw:journl:v:11:y:2014:i:2:p:219-226
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    More about this item

    Keywords

    Risk management; religion; rationality;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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