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The Big Carrot: High Stake Incentives Revisited

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  • Pablo Brañas-Garza

    ()
    (Department of Economic Theory and Economic History, University of Granada)

  • Teresa García-Muñoz

    (Departamento de Métodos Cuantitativos para la Economía y la Empresa - Universidad de Granada)

  • Shoshana Neuman

    ()
    (Departament of Economics, Bar-Ilan University)

Abstract

This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven are much more relevant than beliefs in hell when estimating the production of religious commodities (church-attendance and praying equations).

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File URL: http://www.ugr.es/~teoriahe/RePEc/gra/paoner/per08_01.pdf
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Bibliographic Info

Paper provided by Department of Economic Theory and Economic History of the University of Granada. in its series Papers on Economics of Religion with number 08/01.

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Length: 15 pages
Date of creation: 15 Jan 2008
Date of revision:
Handle: RePEc:gra:paoner:08/01

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Keywords: carrot/stick; high stakes; rewards; punishment; Economics of Religion;

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References

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  1. Pablo BraÒas-Garza & Shoshana Neuman, 2004. "Analyzing Religiosity within an Economic Framework: The Case of Spanish Catholics," Review of Economics of the Household, Springer, vol. 2(1), pages 5-22, 03.
  2. Nikiforakis, Nikos, 2008. "Punishment and counter-punishment in public good games: Can we really govern ourselves," Journal of Public Economics, Elsevier, vol. 92(1-2), pages 91-112, February.
  3. Robert J. Barro & Rachel McCleary, 2003. "Religion and Economic Growth," NBER Working Papers 9682, National Bureau of Economic Research, Inc.
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Cited by:
  1. Pyne, Derek Arnold, 2010. "A model of religion and death," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(1), pages 46-54, January.
  2. Jaime Ortiz, 2009. "Does Religion Distribution Matter in the Economic Growth of Latin America?," International Journal of Business and Economics, College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 8(3), pages 183-199, December.

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