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Article dans une revue Journal of Economic Theory Année : 2018

Cultural leader and the dynamics of assimilation

Résumé

This paper studies the population dynamics of cultural traits in a model of intergenerational cultural transmission with a perfectly-forward looking cultural leader. We show that there exists a threshold size in terms of population above which the cultural leader becomes active. We also show that a policy affecting some key parameters (such as the cost of providing the religious good) has a different impact in the short run and in the long run due to over-reactions or under-reactions of the different cultural groups. Finally, we study the cultural competition between two forward-looking cultural leaders with opposite objectives. We show that the steady-state cultural equilibrium depends on the time preference structure of the two leaders.
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Dates et versions

halshs-01887097, version 1 (03-10-2018)

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Thierry Verdier, Yves Zénou. Cultural leader and the dynamics of assimilation. Journal of Economic Theory, 2018, 175, pp.374 - 414. ⟨10.1016/j.jet.2018.01.019⟩. ⟨halshs-01887097⟩
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