Embedded Culture as a Source of Comparative Advantage

Luigi Guiso, Paola Sapienza and Luigi Zingales

No 33268, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper examines how the concept of embedded culture played a transformative role in the ongoing cultural revolution within economics and business. We trace the field's shift from the 20th-century concept of homo economicus universalis to an approach incorporating cultural embeddedness in economic behavior. Beyond documenting this intellectual transformation, we identify fertile areas for future research and explore how an embedded cultural perspective can enhance both our understanding of economic phenomena and the design of effective policies.

JEL-codes: D21 M14 Z1 Z13 (search for similar items in EconPapers)
Date: 2024-12
New Economics Papers: this item is included in nep-cul, nep-evo and nep-his
Note: CF POL
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.nber.org/papers/w33268.pdf (application/pdf)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:33268

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w33268
The price is Paper copy available by mail.

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().