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Based on the cultural formation of continuous preferences framework of Pichler [16], this paper analyzes the evolution of preferences and behavior in a two cultural groups setting. We show that the qualitative dynamic properties depend crucially on what parents perceive as the optimal...
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This paper introduces a generalized representation of the formation of continuous preferences (which can reflect different intensities). The preference intensity that a child adopts is formed as the collective outcome of all role models for preference intensities - which are derived from the...
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This paper introduces a new approach to 'cultural transmission of preferences' (see Bisin and Verdier, 2000, 2001). It is based on the conceptualization of the culture of a person as a set of cultural values and attitudes, represented as an n-dimensional tuple in Euclidean space. The culture of...
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Family members create for each other the social context in which family behavior and personality development take place. The importance of social influence in families is evidenced empirically by family members' great similarity on a wide variety of characteristics. Focusing on intrafamily...
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