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Preference Falsification, Policy Continuity and Collective Conservatism

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  • Kuran, Timur
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    Abstract

    Through a model that distinguishes between privately-held and publicly-declared preferences, and between private and public beliefs, this paper explains why a society might c ling to its past choices. All four variables are endogenous to the mo del. Following the introduction of a measure of collective conservati sm, the paper turns to the determinants and consequences of feedback from society's choices to its members' private beliefs and preference s. The theory is applied to the persistence of India's caste system t o explain why the lowest castes have been among the system's most com mitted supporters. Copyright 1987 by Royal Economic Society.

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    Bibliographic Info

    Article provided by Royal Economic Society in its journal The Economic Journal.

    Volume (Year): 97 (1987)
    Issue (Month): 387 (September)
    Pages: 642-65

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    Handle: RePEc:ecj:econjl:v:97:y:1987:i:387:p:642-65

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    Cited by:
    1. Rubin, Jared, 2014. "Centralized institutions and cascades," Journal of Comparative Economics, Elsevier, vol. 42(2), pages 340-357.
    2. Grier, Kevin & Sutter, Daniel, 2007. "External influences on economic reform: Reform as a regional public good," European Journal of Political Economy, Elsevier, vol. 23(3), pages 660-673, September.
    3. Cordes, Christian, 2009. "Changing your role models: Social learning and the Engel curve," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(6), pages 957-965, December.
    4. Greif, Avner & Tadelis, Steven, 2010. "A theory of moral persistence: Crypto-morality and political legitimacy," Journal of Comparative Economics, Elsevier, vol. 38(3), pages 229-244, September.
    5. Twight, Charlotte, 1996. "Federal control over education: Crisis, deception, and institutional change," Journal of Economic Behavior & Organization, Elsevier, vol. 31(3), pages 299-333, December.
    6. R. Aversi & G. Dosi & G. Fagiolo & M. Meacci & C. Olivetti, 1997. "Demand Dynamics With Socially Evolving Preferences," Working Papers ir97081, International Institute for Applied Systems Analysis.
    7. Johansson-Stenman, Olof & Martinsson, Peter, 2006. "Honestly, why are you driving a BMW?," Journal of Economic Behavior & Organization, Elsevier, vol. 60(2), pages 129-146, June.
    8. Bell, Ann Maria, 2002. "Locally interdependent preferences in a general equilibrium environment," Journal of Economic Behavior & Organization, Elsevier, vol. 47(3), pages 309-333, March.
    9. Ulrich Witt, 1989. "The evolution of economic institutions as a propagation process," Public Choice, Springer, vol. 62(2), pages 155-172, August.
    10. Klick, Jonathan & Parisi, Francesco, 2008. "Social networks, self-denial, and median preferences: Conformity as an evolutionary strategy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(4), pages 1319-1327, August.
    11. Timur Kuran, 1989. "Sparks and prairie fires: A theory of unanticipated political revolution," Public Choice, Springer, vol. 61(1), pages 41-74, April.
    12. David Hirshleifer & Ivo Welch, 2001. "An Economic Approach to the Psychology of Change: Amnesia, Inertia, and Impulsiveness," Yale School of Management Working Papers ysm185, Yale School of Management, revised 01 Aug 2009.
    13. Sutter, Daniel, 1999. "Discretionary policy implementation and reform," Journal of Economic Behavior & Organization, Elsevier, vol. 39(3), pages 249-262, July.
    14. Carolina Castaldi & Giovanni Dosi, 2003. "The Grip of History and the Scope for Novelty: Some Results and Open Questions on Path Dependence in Economic Processes," LEM Papers Series 2003/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    15. Michael D. Makowsky & Jared Rubin, 2011. "An Agent-Based Model of Centralized Institutions, Social Network Technology, and Revolution," Working Papers 2011-05, Towson University, Department of Economics, revised Oct 2011.
    16. Sethi, Rajiv, 1996. "Evolutionary stability and social norms," Journal of Economic Behavior & Organization, Elsevier, vol. 29(1), pages 113-140, January.
    17. Bac, Mehmet, 2014. "Opinion expressions under social sanctions," International Review of Law and Economics, Elsevier, vol. 38(C), pages 58-71.

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