This dissertation consists of three essays on the role of social values in financial markets. Chapter 1 uses geographic variation in religious concentration to identify the effect of people's gambling behavior in financial market settings. We argue that religious background predicts people's...

Max Weber attributed the higher economic prosperity of Protestant regions to aProtestant work ethic. We provide an alternative theory: Protestant economiesprospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. We test the theory using...

One’s personal claims regarding personhood will influence his moral belief regarding embryo adoption. In Chapter One, I consider the personhood of the human embryo. If the human embryo is a person, we are morally obligated to permit the practice of embryo adoption as an ethical means to save...

This article provides an overview of the potential market for Islamic finance and some of the challenges providers face in serving this unique market.