The role of cultural leaders in the transmission of preferences

Thierry A Verdier, Yves Zenou

Research output: Contribution to journalArticleOtherpeer-review

5 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)158 - 161
Number of pages4
JournalEconomics Letters
Volume136
DOIs
Publication statusPublished - 2015
Externally publishedYes

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