Coordination and Culture
Coordination and Culture
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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Contents
Culture constrains individual choice by making certain behaviour taboo.� We propose an evolutionary model in which members of different groups attempt to coordinate over time.� We show that cultural constraints can lead to a permanent break down in coordination between groups, even when coordination is attainable and Pareto-efficient.� Hence...
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Coordination and Culture
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TN_cdi_proquest_journals_1698936635
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698936635
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https://www.proquest.com/docview/1698936635?pq-origsite=primo&accountid=13902