Abstract

People learn from experience that possibility of getting return in any situation, good or bad, from religious investments is not always certain. Yet most of them act religiously. To explain this phenomenon an analysis has been carried out in this article. The analysis shows that a religious believer presumes more possibility of occurrence of bad fortune than that of good fortune. A non-believer thinks oppositely, and he is more confident than a believer. Because of his apprehension, a theist is supposed to be more religious than an atheist. Also it has been observed from the analysis that the maximum religious spending by a religious believer is more or less constant. However, a religious believer may become an atheist in future if through experience he assumes no gain from religious act. The reverse may be true for non-believer.

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