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The transmission of continuous cultural traits in endogenous social networks

Author:
Hellmann, T., Panebianco, F.
Source:
Economics letters 2018 v.167 pp. 51-55
ISSN:
0165-1765
Subject:
economics, parents, social networks
Abstract:
Continuous cultural traits are transmitted across generations in a network which is under the control of parents. We derive optimal network choices, characterize the long-run outcome, and show that high socialization incentives lead to slow convergence of cultural traits.
Agid:
6461313