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Advice, Social Learning and the Evolution of Conventions

Advice, Social Learning and the Evolution of Conventions

Andrew Schotter

Cambridge University Press
Publication date : 2023-03-09

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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 leaning 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.

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About the book

Author

Andrew Schotter

Imprint

Cambridge University Press

Collection

n.c

Publication date

2023-03-09

Pages

n.c

Print ISBN

9781316518076

Language

English

Ebook informations

EAN PDF

9781009058957

Price

£29.54

Copy count 0

Print count 0

File size 4823 Ko

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About author(s)

Andrew Schotter

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