EconStor >
Universit├Ąt Bielefeld >
Center for Mathematical Economics (IMW), Bielefeld University >
Working Papers, Center for Mathematical Economics (IMW), Bielefeld University >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/43827
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorPichler, Michael M.en_US
dc.date.accessioned2010-11-25en_US
dc.date.accessioned2011-01-24T10:23:52Z-
dc.date.available2011-01-24T10:23:52Z-
dc.date.issued2010en_US
dc.identifier.piurn:nbn:de:hbz:361-16817en_US
dc.identifier.urihttp://hdl.handle.net/10419/43827-
dc.description.abstractThis paper introduces a generalized representation of the formation of continuous preferences (which can reflect different intensities). The preference intensity that a child adopts is formed as the collective outcome of all role models for preference intensities - which are derived from the socioeconomic actions of adults - that it socially learns from. We then show how the adopted preference intensities induce preferences over socioeconomic choices. Finally, this cultural formation of preferences process is endogenized as resulting out of optimal parental socialization decisions. This framework thus endogenously determines the intergenerational evolution of preference intensities and the induced preferences.en_US
dc.language.isoengen_US
dc.publisherInst. of Mathematical Economics, IMW Bielefelden_US
dc.relation.ispartofseriesWorking papers // Institute of Mathematical Economics 431en_US
dc.subject.jelC72en_US
dc.subject.jelJ13en_US
dc.subject.jelZ13en_US
dc.subject.ddc330en_US
dc.subject.keywordSocializationen_US
dc.subject.keywordPreference Evolutionen_US
dc.subject.keywordEndogenous Preferencesen_US
dc.subject.keywordCultural transmissionen_US
dc.subject.stwKulturpsychologieen_US
dc.subject.stwSozialisationen_US
dc.subject.stwSoziale Integrationen_US
dc.subject.stwSoziale Werteen_US
dc.subject.stwOverlapping Generationsen_US
dc.subject.stwTheorieen_US
dc.titleThe economics of cultural formation of preferencesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn626369967en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Center for Mathematical Economics (IMW), Bielefeld University

Files in This Item:
File Description SizeFormat
626369967.pdf410.93 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.