By Rachel M. McCleary
The economics of faith applies monetary innovations (for instance, offer and insist) and versions of the marketplace to the examine of faith. Advocates of the economics of faith strategy examine ways that the faith marketplace affects person offerings in addition to institutional improvement. for instance, economists may argue that after a wide denomination declines, the faith isn't really providing the proper of non secular reliable that appeals to the devoted. Like organizations, religions compete and provide items. The economics of faith method utilizing rational selection conception, assumes that each one humans, despite their cultural context, their socio-economic state of affairs, act rationally to extra his/her ends.
The wide-ranging issues convey the intensity and breadth of the method of the examine of religion.
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The Oxford Handbook of the Economics of Religion (Oxford Handbooks) by Rachel M. McCleary