Abstract:
In this paper we present a model of cultural transmission of preferences on goods some of which are provided publicly through simple majority voting. We emphasize the existence of a two way causality between socialization decisions and political outcomes. This generates the possiblity of indeterminacies and multiple self fulfilling equilibrium paths in cultural change and politics.
Keywords:CULTURE; ECONOMIC MODELS; PREFERENCES (search for similar items in EconPapers) JEL-codes:Z00D10 (search for similar items in EconPapers) Date: 1999
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More papers in Working Papers from Laval - Laboratoire Econometrie Address: Chaire d'economie et d'econometrie de l'assurance; DELTA; CREST; PARIS, France. Series data maintained by Thomas Krichel ().
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