develops a dynamic model of culture in which individuals hold heterogeneous beliefs regarding the relative long-run payoffs for … women who work in the market versus the home. These beliefs evolve rationally via an intergenerational learning process …

, imagination and independence in children) to five different measures of religiosity, including beliefs and attendance. We control …

This paper presents evidence on the speed of evolution (or lack thereof) of a wide range of values and beliefs of …

. Bayesian learning implies that beliefs about the likelihood of rare disasters drop to a much more pessimistic level once a … disaster has occurred. Such a shift in beliefs can trigger massive declines in price-dividend ratios. Pessimistic beliefs … between rational and adaptive Bayesian learning. Rational learners account for the possibility of future changes in beliefs in …

We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or …, which then come to define 'who they are'. Identity investments increase when information is scarce or when a greater …). Taboos against transactions or the mere contemplation of tradeoffs arise to protect fragile beliefs about the 'priceless …

We use several data sets to consider the effect of teaching practices on student beliefs, as well as on organization of … working on projects together) are strongly related to various dimensions of social capital, from beliefs in cooperation to … institutional outcomes. We then use micro-data to investigate the influence of teaching practices on student beliefs about …