2008
DOI: 10.1257/aer.98.1.534
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Collective Memory, Cultural Transmission, and Investments

Abstract: I study the transmission of collective memory as a mechanism for cultural transmission, in the presence of social externalities associated with individual cultural investment decisions. The younger generation's decisions depend on beliefs about the quality of existing institutions, norms, and values, which are influenced by collective memory. In culturally homogeneous societies it can be optimal to suppress negative memories while emphasizing positive ones. However, the ability to bias collective memory is cos… Show more

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Cited by 56 publications
(40 citation statements)
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“…A similar assumption is also made in Bénabou and Tirole (2006), Bénabou (2008Bénabou ( , 2013, and Dessi (2008). P sends.…”
Section: Timing and Information Structuresupporting
confidence: 70%
See 1 more Smart Citation
“…A similar assumption is also made in Bénabou and Tirole (2006), Bénabou (2008Bénabou ( , 2013, and Dessi (2008). P sends.…”
Section: Timing and Information Structuresupporting
confidence: 70%
“…More recently, various papers have looked at intergenerational transmission of norms concerning fertility and female labor supply decisions (Fernandez and Fogli, 2009), of values favoring trust and cooperation (Tabellini, 2008a,b andCahuc, 2010) and of preferences regarding patience and work ethic (Doepke and Zilibotti, 2006). This paper is also related to recent literature that deals with various examples of distorted collective understanding of reality, such as anti and pro-redistribution ideologies (Bénabou, 2008, Bénabou andTirole, 2006), over-optimism (andover-pessimism) about the value of existing cultural norms (Dessi, 2008), contagious exuberance in organizations (Bénabou, 2013), and no-trust-no-trade equilibria due to pessimistic beliefs about the trustworthiness of others (Guiso et al, 2008). In Bénabou (2008Bénabou ( , 2013, the individuals themselves distort own processing of information.…”
Section: Review Of the Literaturementioning
confidence: 96%
“…More recently, various papers have looked at intergenerational transmission of norms concerning fertility and female labour supply decisions (Fernandez and Fogli, 2009), of values favouring trust and cooperation (Tabellini, 2008a,b;Algan and Cahuc, 2010), and of preferences regarding patience and work ethic (Doepke and Zilibotti, 2006). This article is also related to recent literature that deals with various examples of distorted collective understanding of reality, such as anti and pro-redistribution ideologies (B enabou and Tirole, 2006;B enabou, 2008), over-optimism (and overpessimism) about the value of existing cultural norms (Dessi, 2008), contagious exuberance in organisations (B enabou, 2013), and no-trust-no-trade equilibria due to pessimistic beliefs about the trustworthiness of others (Guiso et al, 2008). In B enabou (2008In B enabou ( , 2013, the individuals themselves distort their own processing of information.…”
Section: Review Of the Literaturementioning
confidence: 99%
“…See e.g. Dessi (2008) and Corneo and Jeanne (2009). 11 We do not need to assume that parents and children watch TV together or watch the same programmes.…”
Section: The Basic Modelmentioning
confidence: 99%