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Attention to art and culture goes far back in the history of economic thought. In the seventeenth century those activities were viewed suspiciously as likely to be either wasteful extravagances of the aristocracy, or dangerous distractions for the working classes. Eighteenth century economic...
Persistent link: https://www.econbiz.de/10014023827
Culture - the set of socially transmitted values and beliefs held by individuals - has important implications for a wide variety of economic outcomes. Both the causes and consequences of culture have been the subject of work in Historical Political Economy. I first outline several theories on...
Persistent link: https://www.econbiz.de/10013388867
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
New technologies affect cultural consumption in several ways. Technological change lowers the cost of cultural consumption, inducing substitution and/or increasing demand, in both cases increasing consumer welfare. Technological change can also impact dynamically, inducing increased variety...
Persistent link: https://www.econbiz.de/10014025405
We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes, and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review...
Persistent link: https://www.econbiz.de/10014025607
This paper presents a survey of the theoretical and empirical literature on cultural transmission and socialization. It has been prepared for the Handbook of Social Economics , edited by Jess Benhabib, Alberto Bisin, and Matt Jackson, to be published by Elsevier Science in 2010.
Persistent link: https://www.econbiz.de/10014025694
Under what conditions does intergroup contact lead to conflict? We provide a novel answer to this question by highlighting the role of reputation mechanisms in sustaining cooperation. Reputational concerns can deter defection in one-time interactions within a group, but the informational content...
Persistent link: https://www.econbiz.de/10013388873
Moral universalism, the extent to which individuals exhibit similar altruism and trust towards in-group and out-group members, varies widely across societies. We test the hypothesis from anthropology that the requirements of transhumant pastoralism - a livelihood in which populations seasonally...
Persistent link: https://www.econbiz.de/10013334476
This chapter covers recent solutions to aggregation problems in three application areas: consumer demand analysis, consumption growth and wealth, and labor participation and wages. Each area involves treatment of heterogeneity and nonlinearity at the individual level. Three types of...
Persistent link: https://www.econbiz.de/10014024947