Elsevier, Economics Letters, (136), p. 158-161, 2015
DOI: 10.1016/j.econlet.2015.09.026
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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.