Verdier, T. and Bisin, A.
A model of cultural transmission, voting and political ideology
European Journal of Political Economy, 16, (1), . (doi:10.1016/S0176-2680(99)00045-2).
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In this paper, we present a model of cultural transmission of preferences on goods, some of which are provided publicly through simple majority voting. We emphasize the existence of a two-way causality between socialization decisions and political outcomes. This generates the possibility of indeterminacies and multiple self-fulfilling equilibrium paths in cultural change and politics. We provide then a rationale for ideologies and collective socialization institutions as coordination mechanisms allowing cultural groups to preserve or shift political power in favor of their preference profile in the long run.
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