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Elsevier, Economics Letters, (136), p. 158-161, 2015

DOI: 10.1016/j.econlet.2015.09.026

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The role of cultural leaders in the transmission of preferences

Journal article published in 2015 by Thierry Verdier, Yves Zénou
This paper is available in a repository.
This paper is available in a repository.

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Abstract

This paper studies the population dynamics of preference traits in a model of intergenerational cultural transmission with cultural leaders who compete for oblique socialization. We show that by adding this new channel in the transmission of preferences, i.e. cultural leaders, in steady-state, there cannot be an equilibrium with total assimilation or total integration of the population.