DP10832 The Role of Cultural Leaders in the Transmission of Preferences
|Author(s):||Thierry Verdier, Yves Zenou|
|Publication Date:||September 2015|
|Keyword(s):||assimilation, cultural leaders, integration, Socialization|
|JEL(s):||J13, J15, Z10|
|Programme Areas:||Public Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=10832|
This paper studies the population dynamics of preference traits in a model of intergenerational cultural transmission with cultural leaders who compete for oblique socialization. We show that by adding this new channel in the transmission of preferences, i.e. cultural leaders, in steady-state, there cannot be an equilibrium with total assimilation or total integration of the population.