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Parents, television and cultural change

AutorHauk, Esther ; Immordino, Giovanni
Fecha de publicación20-dic-2013
EditorMacmillan Publishers
CitaciónEconomic Journal 124(579): 1040-1065 (2014)
ResumenWe develop a model of cultural transmission where television plays a role in socialisation. We study the coverage of different cultural traits by a profit-maximising TV industry and the resulting cultural dynamics. A monopolist covers both traits, but grants more coverage to the most profitable group. In a competitive TV industry each channel specialises on one trait. This might lead to cultural extinction, but only for sufficiently large majorities. Cultural extinction is more likely in a competitive than in a monopolistic TV industry. Overall our model predicts that cultural extinction can only occur under very special circumstances. © 2013 Royal Economic Society.
Versión del editorhttp://dx.doi.org/10.1111/ecoj.12078
URIhttp://hdl.handle.net/10261/118178
DOI10.1111/ecoj.12078
Identificadoresdoi: 10.1111/ecoj.12078
issn: 1468-0297
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