Anderlini, Luca; Gerardi, Dino; Lagunoff, Roger - In: Review of Economic Dynamics 13 (2010) 3, pp. 559-574
This paper examines an equilibrium model of social memory -- a society's vicarious beliefs about its past. We show that … incorrect social memory is a key ingredient in creating and perpetuating destructive conflicts. We analyze an infinite … generation of their countrymen using private messages. Social memory is based on these messages, and on physical evidence -- a …