Corpus ID: 142530876

Memory, Cultural Transmission and Investments

@inproceedings{Des2005MemoryCT,
  title={Memory, Cultural Transmission and Investments},
  author={Roberta Desśı},
  year={2005}
}
I study the intergenerational transmission of collective memory as a mechanism for cultural transmission, in the presence of social externalities associated with individual cultural investment decisions (learning and internalizing cultural norms and values). The younger generation’s investment decisions are based on beliefs about the quality of existing institutions, norms and values; these beliefs are influenced by the information (memory) received from the older generation. I compare the… Expand
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