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A Model of Cultural Transmission, Voting and Political Ideology

Author

Listed:
  • Bisin, A.
  • Verdier, T.

Abstract

In this paper we present a model of cultural transmission of preferences on goods some of which are provided publicly through simple majority voting. We emphasize the existence of a two way causality between socialization decisions and political outcomes. This generates the possiblity of indeterminacies and multiple self fulfilling equilibrium paths in cultural change and politics.

Suggested Citation

  • Bisin, A. & Verdier, T., 1999. "A Model of Cultural Transmission, Voting and Political Ideology," Papers 1999-13, Laval - Laboratoire Econometrie.
    • Handle: RePEc:fth:lavale:1999-13
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    JEL classification:

    • Z00 - Other Special Topics - - General - - - General
    • D10 - Microeconomics - - Household Behavior - - - General

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