Advances in the Economic Theory of Cultural Transmission

Alberto Bisin, Thierry Verdier

    Research output: Contribution to journalReview articlepeer-review

    Abstract

    In this article we survey recent advances in the economic theory of cultural transmission. We highlight three main themes on which the literature has made great progress in the last 10 years: the domain of traits subject to cultural transmission; the microfoundations for the technology of transmission; and feedback effects between culture, institutions, and various socioeconomic environments. We conclude by suggesting interesting areas for future research.

    Original languageEnglish (US)
    Pages (from-to)63-89
    Number of pages27
    JournalAnnual Review of Economics
    Volume15
    DOIs
    StatePublished - Sep 13 2023

    Keywords

    • cultural transmission
    • evolution of institutions

    ASJC Scopus subject areas

    • Economics and Econometrics

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