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The transmission of continuous cultural traits in endogenous social networks

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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… Click to show full abstract

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.

Keywords: cultural traits; transmission continuous; social networks; continuous cultural; endogenous social; traits endogenous

Journal Title: Economics Letters
Year Published: 2018

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