Abstract
While the economics of religion literature has considered many important aspects of religion (e.g., rituals, sacrifices), there has not been much theoretical research on religious beliefs in this discipline. This chapter aims to consider how religious beliefs are an integral part of religions and how they are connected to other aspects of religion, namely, religious rituals and the way religion affects individuals’ daily life. Moreover, this chapter claims that in many instances religious beliefs are intelligently designed to maximize the probability of survival of religious organizations in the face of events which may contradict some of the beliefs advocated by religions.
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