Understanding the Development of Fundamentalism
28 Pages Posted: 2 Aug 2004
Date Written: July 2004
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers' observance level. We model three stylized situations under which fundamentalist groups function, examining the intensity of observance in each. We find that, under reasonable conditions, rivalry among fundamentalists makes them more extreme.
Keywords: fundamentalism, rent-seeking, religion
JEL Classification: Z12, D72, D74
Suggested Citation: Suggested Citation