Continuous cultural traits are transmitted across generations in a network which is under the control of parents. We derive optimal network choices, characterize the long-run outcome, and show that high socialization incentives lead to slow convergence of cultural traits.
Hellmann, T., Panebianco, F., The transmission of continuous cultural traits in endogenous social networks, <<ECONOMICS LETTERS>>, 2018; 167 (149): 51-55. [doi:10.1016/j.econlet.2018.02.019] [http://hdl.handle.net/10807/122865]
The transmission of continuous cultural traits in endogenous social networks
Panebianco, F.
2018
Abstract
Continuous cultural traits are transmitted across generations in a network which is under the control of parents. We derive optimal network choices, characterize the long-run outcome, and show that high socialization incentives lead to slow convergence of cultural traits.
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