publication . Master thesis . 2014

THE BLACK BOX OF CULTURAL TRANSMISSION An empirical analysis of the evolution of social capital.

Winje, Even Joachim Aarebrot;
Open Access Norwegian
  • Published: 01 Jan 2014
Social capital have gained wide acceptance within the economic discourse in recent decades. Researchers have argued that social capital and culture influence a wide range of economic and political outcomes. This thesis aims to contribute to the understanding of the evolutionary aspect of social capital. I define social capital as a set of beliefs and values that fosters cooperation and develop an applied theoretical framework. I claim that values and beliefs interact and reinforce each other though inter- and intragenerational transmission, social norms, and economic incentives leading to a two way micro-macro relationship and the existence of multiple equilibri...
free text keywords: Social, Capital, evolution, cultural, transmission, intergenerational, intragenerational, Africa, slave, trade, values, beliefs, trust, trustworthiness, Nathan, Nathan, Nunn, Leonard, Wantchekon, Guiso, Tabellini, multiple, equilibria, two, way, micro, macro, relationship
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