Intergenerational transmission of preferences

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 112
Issue: 1
Pages: 85-87

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We propose a perfect empathy model of cultural transmission to capture the evolution of preferences in a population. Unlike existing imperfect empathy models, focusing on stable interior equilibria, we demonstrate that a corner outcome will eventuate. However, which corner outcome emerges is unknown, and depends on the interplay of "history" and "expectations".

Technical Details

RePEc Handle
repec:eee:ecolet:v:112:y:2011:i:1:p:85-87
Journal Field
General
Author Count
2
Added to Database
2026-01-25