Peers and Culture
AbstractWe analyze the evolution of culture when parents socialize children to the cultural variants that maximize child lifetime utility. Parents invest in cultural transmission 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.
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Bibliographic InfoPaper provided by Institute for Empirical Research in Economics - University of Zurich in its series IEW - Working Papers with number 349.
Date of creation: Dec 2007
Date of revision:
Cultural transmission; cultural diversity; peer groups; oblique transmission.;
Other versions of this item:
- D10 - Microeconomics - - Household Behavior - - - General
- I20 - Health, Education, and Welfare - - Education - - - General
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-02-09 (All new papers)
- NEP-CUL-2008-02-09 (Cultural Economics)
- NEP-SOC-2008-02-09 (Social Norms & Social Capital)
- NEP-URE-2008-02-09 (Urban & Real Estate Economics)
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