Advice, social learning and the evolution of conventions


A. Schotter Andrew Schotter.
Bok 2023 A. Schotter
Utgitt
Cambridge University Press , 2023
Utgave
1st ed.
Opplysninger
"As societies progress, old generations of social agents die and are replaced by new ones. This book explores what happens in this transition as the old guard instructs the new arrivals about the wisdom of their ways. Do new entrants listen and follow the advice of their elders or dismiss it? Is intergenerational advice welfare-improving or can it be destructive? Does such advice enhance the stability of social conventions or disrupt it? Using the concept of an intergenerational game and the tools of game theory and experimental economics, this study delves into the process of social learning created by intergenerational advice passed from generation to generation. This book presents a unique theoretical and empirical study of the dynamics of social conventions not offered elsewhere"--
Emner
Dewey
ISBN
9781009049092

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