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Peers and Culture

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Author Info
María Sáez-Martí
Anna Sjögren
Abstract

We analyze the evolution of culture when parents socialize children to the cultural variants that maximize child lifetime utility. Parents invest in cultural transmission by taking into account that children are also influenced by peers. We model the influence of peers by assuming that children observe different cultural variants in their peer group, assign merit to them and adopt one variant, following a probabilistic adoption rule. We show that cultural diversity is sustainable even if all parents strive to transmit the same variant. We also show that a parental demand for cultural pluralism does not guarantee cultural diversity. Copyright © The editors of the "Scandinavian Journal of Economics" 2008 .

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9442.2008.00525.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Scandinavian Journal of Economics.

Volume (Year): 110 (2008)
Issue (Month): 1 (03)
Pages: 73-92
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Handle: RePEc:bla:scandj:v:110:y:2008:i:1:p:73-92

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  1. Aslund, Olof & Böhlmark, Anders & Nordström Skans, Oskar, 2009. "Age at Migration and Social Integration," IZA Discussion Papers 4263, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Maria Saez-Marti & Fabrizio Zilibotti, 2008. "Preferences as Human Capital: Rational Choice Theories of Endogenous Preferences and Socioeconomic Changes," Finnish Economic Papers, Finnish Economic Association, vol. 21(2), pages 81-94, Autumn. [Downloadable!]
  3. Jean-Baptiste Michau, 2009. "Unemployment Insurance and Cultural Transmission: Theory and Application to European Unemployment," CEP Discussion Papers dp0936, Centre for Economic Performance, LSE. [Downloadable!]
  4. Mariko Klasing, 2008. "Culturally Risk Averse? – A Model of Economic Growth with Endogenous Culture," University of St. Gallen Department of Economics working paper series 2008 2008-23, Department of Economics, University of St. Gallen. [Downloadable!]
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This page was last updated on 2009-12-19.

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