Aldashev, Gani; Baland, Jean-Marie - Collegio Carlo Alberto, Università degli Studi di Torino - 2008
campaigns raise awareness of the current generation, which then partially transmit this awareness to the next generation, thus … creating political support for the next-period awareness campaigns. The economy has two steady-state equilibria: the "good" one … (with high awareness and low prevalence) and the "bad" one (low awareness, high prevalence). The "good" equilibrium is …