Advances in the Economic Theory of Cultural Transmission
Alberto Bisin () and
Thierry Verdier ()
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Alberto Bisin: Department of Economics, New York University, New York, NY, USA
Thierry Verdier: Paris School of Economics, Paris, France
Annual Review of Economics, 2023, vol. 15, issue 1, 63-89
Abstract:
In this article we survey recent advances in the economic theory of cultural transmission. We highlight three main themes on which the literature has made great progress in the last 10 years: the domain of traits subject to cultural transmission; the microfoundations for the technology of transmission; and feedback effects between culture, institutions, and various socioeconomic environments. We conclude by suggesting interesting areas for future research.
Keywords: cultural transmission; evolution of institutions (search for similar items in EconPapers)
JEL-codes: O10 P16 P48 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:anr:reveco:v:15:y:2023:p:63-89
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DOI: 10.1146/annurev-economics-090622-100258
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