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A theory of tolerance

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Author Info
Corneo, Giacomo
Jeanne, Olivier

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Abstract

We develop an economic theory of tolerance where endogenous lifestyles and exogenous traits are invested with symbolic value by people. Value systems are rationally chosen by parents for their children. In conjunction with actual behavior, value systems determine the esteem enjoyed by individuals. Intolerant individuals attach all symbolic value to a small number of attributes and are irrespectful of people with di¤erent ones. Tolerant people have diversi ed values and respect social alterity. We study the formation of values attached to various types of attributes and identify circumstances under which tolerance spontaneously arises. Policy may a¤ect the evolution of tolerance in distinctive ways, and there may be efficiency as well as equity reasons to promote tolerance. --

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Paper provided by Free University Berlin, School of Business & Economics in its series Discussion Papers with number 2007/13.

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Date of creation: 2007
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Handle: RePEc:zbw:fubsbe:200713

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Related research
Keywords: value systems; tolerance;

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Find related papers by JEL classification:
D1 - Microeconomics - - Household Behavior
O1 - Economic Development, Technological Change, and Growth - - Economic Development

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. George A. Akerlof & Rachel E. Kranton, 2005. "Identity and the Economics of Organizations," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 9-32, Winter. [Downloadable!] (restricted)
  2. Raquel Fernández & Alessandra Fogli & Claudia Olivetti, 2004. "Mothers and Sons: Preference Formation and Female Labor Force Dynamics," The Quarterly Journal of Economics, MIT Press, vol. 119(4), pages 1249-1299, November. [Downloadable!] (restricted)
  3. Bisin, Alberto & Verdier, Thierry, 2001. "The Economics of Cultural Transmission and the Dynamics of Preferences," Journal of Economic Theory, Elsevier, vol. 97(2), pages 298-319, April. [Downloadable!] (restricted)
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  4. Weiss, Yoram & Fershtman, Chaim, 1998. "Social status and economic performance:: A survey," European Economic Review, Elsevier, vol. 42(3-5), pages 801-820, May. [Downloadable!] (restricted)
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  5. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August. [Downloadable!] (restricted)
  6. Bisin, Alberto & Verdier, Thierry, 1998. "Cultural Transmission, Marriage and the Evolution of Ethnic and Religious Traits," Working Papers 98-40, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
  7. Bisin, A. & Verdier, T., 1999. "Beyond the Melting Pot: Cultural Transmission, Marriage, and the Evolution of Ethnic and Religious Traits," Papers 1999-10, Laval - Laboratoire Econometrie.
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  8. Postlewaite, Andrew, 1998. "The social basis of interdependent preferences," European Economic Review, Elsevier, vol. 42(3-5), pages 779-800, May. [Downloadable!] (restricted)
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  9. Roland Bénabou & Jean Tirole, 2005. "Incentives and Prosocial Behavior," NBER Working Papers 11535, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  10. Cole, Harold L & Mailath, George J & Postlewaite, Andrew, 1992. "Social Norms, Savings Behavior, and Growth," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1092-1125, December. [Downloadable!] (restricted)
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  1. Andreas Georgiadis & Alan Manning, 2009. "Theory of Values," CEP Discussion Papers dp0943, Centre for Economic Performance, LSE. [Downloadable!]
  2. Adriani, Fabrizio & Sonderegger, Silvia, 2009. "Why do parents socialize their children to behave pro-socially? An information-based theory," MPRA Paper 16107, University Library of Munich, Germany. [Downloadable!]
  3. Giacomo Corneo & Olivier Jeanne, 2007. "Symbolic Values, Occupational Choice, and Economic Development," IZA Discussion Papers 2763, Institute for the Study of Labor (IZA). [Downloadable!]
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