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Title:Cultural formation of preferences and assimilation of cultural groups PDF Logo
Authors:Pichler, Michael M.
Issue Date:2010
Series/Report no.:Working papers // Institute of Mathematical Economics 438
Abstract:Based on the cultural formation of continuous preferences framework of Pichler [16], this paper analyzes the evolution of preferences and behavior in a two cultural groups setting. We show that the qualitative dynamic properties depend crucially on what parents perceive as the optimal preferences for their children to adopt. Under inter- generationally fixed optimal preferences, the preferences of the cultural groups will always stay distinct. If the optimal preferences coincide with those derived from the representative group behavior, then a multitude of convergence path types can realize. These contain both an inter-generational assimilation process toward the same preference point, as well as inter-generational dissimilation.
Subjects:Continuous Preferences
Cultural Groups
Endogenous Preferences
Preference Evolution
Persistent Identifier of the first edition:urn:nbn:de:hbz:361-14290
Document Type:Working Paper
Appears in Collections:Working Papers, Center for Mathematical Economics (IMW), Bielefeld University

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