A Model of Cultural Transmission, Voting and Political Ideology
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.
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- Matsuyama, Kiminori, 1991.
"Increasing Returns, Industrialization, and Indeterminacy of Equilibrium,"
The Quarterly Journal of Economics,
MIT Press, vol. 106(2), pages 617-50, May.
- Kiminori Matsuyama, 1990. "Increasing Returns, Industrialization and Indeterminacy of Equilibrium," Discussion Papers 878, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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- Joel M. Guttman & Shmuel Nitzan & Uriel Spiegel, 1992. "Rent Seeking And Social Investment In Taste Change," Economics and Politics, Wiley Blackwell, vol. 4(1), pages 31-42, 03.
- Krugman, Paul, 1991. "History versus Expectations," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 651-67, May.
- Roger Congleton, 1986. "Rent-seeking aspects of political advertising," Public Choice, Springer, vol. 49(3), pages 249-263, January.
- David Austen-Smith, 1987. "Interest groups, campaign contributions, and probabilistic voting," Public Choice, Springer, vol. 54(2), pages 123-139, January.
- Becker, Gary S, 1983. "A Theory of Competition among Pressure Groups for Political Influence," The Quarterly Journal of Economics, MIT Press, vol. 98(3), pages 371-400, August.
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