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Betting on the Lord: lotteries and religiosity in Haiti

Emmanuelle Auriol, Diego Delissaint, Maleke Fourati, Josepa Miquel-Florensa and Paul Seabright
Additional contact information
Josepa Miquel-Florensa: IAST - Institute for Advanced Study in Toulouse
Paul Seabright: TSE-R - Toulouse School of Economics - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: We conducted an experimental study in Haiti testing for the relationship between religious belief and individual risk taking behavior. 774 subjects played lotteries in a standard neutral protocol and subsequently with reduced endowments but in the presence of religious images of Catholic, Protestant and Voodoo tradition. Subjects chose between paying to play a lottery with an image of their choice, and saving their money to play with no image. Those who chose the former are dened as image buyers and those who chose the latter as non-buyers. Image buyers, who tend to be less educated, more rural, and to exhibit greater religiosity, bet more than non-buyers in all games. In addition, in the presence of religious images all participants took more risk, and buyers took more risk when playing in the presence of their chosen images than when playing with other images. We develop a theoretical model calibrated with our experimental data to explore the channels through which religious images might a ect risk-taking. Our results suggest that the presence of images tends to increase individuals' subjective probability of winning the lottery, and that subjects therefore believe in a god who intervenes actively in the world in response to their requests.

Keywords: Risk preferences; Religion; Field Experiment (search for similar items in EconPapers)
Date: 2021-08
New Economics Papers: this item is included in nep-exp and nep-rmg
Note: View the original document on HAL open archive server: https://hal.science/hal-03353066v1
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Published in World Development, 2021, 144, ⟨10.1016/j.worlddev.2021.105441⟩

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Related works:
Journal Article: Betting on the lord: Lotteries and religiosity in Haiti (2021) Downloads
Working Paper: Betting on the Lord: Lotteries and Religiosity in Haiti (2019) Downloads
Working Paper: Betting on the Lord: Lotteries and Religiosity in Haiti (2019) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03353066

DOI: 10.1016/j.worlddev.2021.105441

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