And the individual's objective function will coincide with...

And the individual's objective function will coincide with the social or global welfare function, as is claimed to happen during the era of Imam Mahdi or the second coming of Jesus (Tabbassi, 2006). Natural Resource Model (NRM) in Divine Economics Hope for an afterlife reward (divinely promised benefits in heavens) is central to consumer behavior in divine religions including Islam. Some other religions too have similar belief.

Some empirical studies indicate that people do various activities in the hope of afterlife consumption (see for example Azzi and Ehrenberg; 1975). In particular religious and altruistic activities of individuals have…