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A Critical review of economic analyses of religion

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  • Vikas Kumar

    ()
    (Indira Gandhi Institute of Development Research)

Abstract

Recent years have seen increasing interest in economic analyses of religion. We carry out a critical review of Economics of Religion (EoR) in this review essay. We find that on the one hand EoR has made a significant contribution to enhance our understanding of secular trappings of religion and to break the stranglehold of non-rational approach to religion. On the other it has failed systematically to address the core of religion, namely, belief in its purportedly supernatural basis. Furthermore the methodological foundations of EoR are far from settled. We identify the shortcomings of the literature and suggest remedial measures, wherever possible.

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Bibliographic Info

Paper provided by Indira Gandhi Institute of Development Research, Mumbai, India in its series Indira Gandhi Institute of Development Research, Mumbai Working Papers with number 2008-023.

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Length: 158 pages
Date of creation: Nov 2008
Date of revision:
Handle: RePEc:ind:igiwpp:2008-023

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Keywords: Church; Credence Goods; Economic Methodology; Inscrutable Markets; Religion;

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  1. Charles G. Leathers & J. Patrick Raines, 2008. "Adam Smith on Religion and Market Structure: The Search for Consistency," History of Political Economy, Duke University Press, Duke University Press, vol. 40(2), pages 345-363, Summer.
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Cited by:
  1. Alpaslan Akay & G�khan Karabulut & Peter Martinsson, 2013. "The effect of religiosity and religious festivals on positional concerns -- an experimental investigation of Ramadan," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 45(27), pages 3914-3921, September.
  2. Vikas Kumar, 2012. "Cartels in the Kautiliya Arthasastra," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 59-79, March.
  3. Anja Klaubert, 2009. "Being religious - A Question of Incentives?," Working Paper Series in Economics, University of Lüneburg, Institute of Economics 118, University of Lüneburg, Institute of Economics.
  4. Akay, Alpaslan & Karabulut, Gökhan & Martinsson, Peter, 2011. "The Effect of Religion on Cooperation and Altruistic Punishment: Experimental Evidence from Public Goods Experiments," IZA Discussion Papers 6179, Institute for the Study of Labor (IZA).
  5. Vikas Kumar, 2013. "A Bayesian model of religious conversion," Quality & Quantity: International Journal of Methodology, Springer, Springer, vol. 47(2), pages 1163-1171, February.
  6. Vikas Kumar, 2014. "A model of state secularism," Quality & Quantity: International Journal of Methodology, Springer, Springer, vol. 48(4), pages 2313-2327, July.
  7. Vikas Kumar, 2013. "A model of secularism in the state of nature," Quality & Quantity: International Journal of Methodology, Springer, Springer, vol. 47(2), pages 1199-1212, February.

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