Resumen de Believe or not believe: generalising the Azzi-Ehrenber model
Alejandro Lorca Corrons, Adrian Gourlay, Pablo Brañas-Garza, Javier Rodero-Cosano
This paper presents an economic model of consumer behaviour within a religious framework. The individual is defined as being religious so, for him God exists with absolute certainty. We distinguish two separate aims of the individual: human welfare and spiritual welfare. Joint maximisation of these two targets subject to time and budgetary constraints yields a solution in which the optimal values of consumption and religiosity are obtained. Allowance is also given to the compulsory payment of a religious tax. We show that the shape of the interchange curve between these two optimal values depends upon the relative shapes of the human welfare and spiritual welfare functions.
