This work was supported in part by grants from the Metanexus Foundation and John Templeton Foundation.
Extremism and the Economics of Religion*
Article first published online: 27 JUN 2012
© 2012 The Economic Society of Australia
Special Issue: Selected Papers from the 40th Australian Conference of Economists
Volume 88, Issue Supplement s1, pages 110–115, June 2012
How to Cite
IANNACCONE, L. R. (2012), Extremism and the Economics of Religion. Economic Record, 88: 110–115. doi: 10.1111/j.1475-4932.2012.00803.x
- Issue published online: 27 JUN 2012
- Article first published online: 27 JUN 2012
By modeling religious activity as a product of rational choice and market forces, the economics of religion offers new insights concerning religious trends, the consequences of religious freedom, doctrinal innovation, and the enduring appeal of extremism. The work both complements and challenges that of sociologists, historians, and other religious scholars. Club-theoretic models of sectarianism highlight the potential benefits of strictness and sacrifice, not only in religions, but also in communes, gangs, military units, social movements, political organizations, and even academic subfields.