This work defines religion market as a network industry when at a certain level of switching costs can lead in individual's locking up in the current group and thus prevent his conversion. First, the participating individual's utility function is defined. It is largely influenced by the probability which the individual attaches to the existence of God and afterlife. The study shows, that at sufficiently high level of social capital, it is advantageous to participate for rationally minded individuals although they are not believers. The empirical part demonstrates the effect of specific religious and social capitals on individual's decision to convert through the logit model. This influence is positive, compared to original expectations (i.e. the higher the social and specific capital, the higher the tendency to convert). It can confirm the thesis that the influence of these individual's growth of specific capital is causing higher demand for more strict organizations which eliminate free-riders and provide higher social capital.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:124970 |
| Date | January 2012 |
| Creators | Zehnalová, Simona |
| Contributors | Potužák, Pavel, Mičúch, Marek |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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