Pablo Brañas-Garza (),
García-Muñoz, Teresa and
Shoshana Neuman ()
Additional contact information García-Muñoz, Teresa: Departamento de Métodos Cuantitativos para la Economía y la Empresa - Universidad de Granada
Shoshana Neuman: Departament of Economics, Bar-Ilan University
Abstract:
This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven are much more relevant than beliefs in hell when estimating the production of religious commodities (church-attendance and praying equations).