Posts Tagged ‘theory of clubs’


Larry Iannaccone on Sacrifice, Stigma, and the Economics of Religion

Why do strict churches that demand much of their members, including seemingly irrational sacrifices and stigmatizing behaviors, perform so well in the religious marketplace? Prof. Larry Iannaccone of Chapman University discusses the economic logic behind sacrifice and stigma and what studying the organizational requirements of churches can tell us about society more generally. We also discuss the growing field of “economics of religion.”

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