This article examines the organizational structure of Takaful ('Islamic' insurance) as it constitutes an interesting case study of a relatively inefficient system that has grown in popularity. This challenges the neoclassical economics view that the most efficient organizational form succeeds....

We propose a model of religious organizations which relies on the ability of such organi-zations and personal utility shocks. We show how religious organizations arise endogenously and characterize their features. Specifically, we find that members of the religious organization share similar...

We propose a model of religious organizations which relies on the ability of such organi-zations and personal utility shocks. We show how religious organizations arise endogenously and characterize their features. Specifically, we find that members of the religious organization share similar...

In recent years there has been an upsurge of interest in religion among economists, but the content of religion has so far been neglected . This paper builds a rational choice model of divine action, in particular of the structure of the divine offer of salvation and rational human response. It...

This paper deals with the interlinkages between religious beliefs and practices and the economic growth and development of a particular country or region. In the paper I have reviewed some empirical work carried out in the recent times to explain the relationship between religion and growth. I...

This paper examines differences in religious behaviors of the native born and immigrants in Europe, measured as self-reported religiosity, frequency of praying, and frequency of church attendance. Using the European Social Survey, we first show that, on average, religiosity of immigrants is...

This paper examines religious and non-religious service provision by religious organisations in India. We present a stylized Hotelling-style model in which two religious organisations differentiate hemselves on the strength of religious beliefs in order to compete in attracting adherents. We...

This paper introduces possibilities for applying the economics of religion in Central European context. It reviews economic literature on religion, both the modern tradition of economic analysis of religious behavior and the Weberian tradition of analyzing consequences of religion for economy....

The modern landmark for the Economics of Religion is the model proposed by Azzi and Ehrenberg in 1975 to religious frequency. This model has several empirical studies in the literature in order to test their hypotheses. In this article, we test the hypothesis of the model of Azzi and Ehrenberg...

Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards. This contribution focuses on religion's possible impact on the shadow economy. Different dimensions of the religious markets are taken into account. These dimensions refer to...