Hotelling and the Olympus: Modelling differences in religious prices

An introduction to the modelling of a market for religious commodities is presented in this paper. The model focuses on the household choice for different religions and on the religious institutions supply. Many religions compete in the market, each offering a price to their followers. This model is partially based on the spatial competition of Hotelling. The main result we obtain is that, in equilibrium, radical religions have an (price) advantage against the moderate ones as there are a lot of worshipers that have no other (economically affordable) religious option.