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We study the implications of two different matching mechanisms: bargaining in match (BIM) and binding agreement in the matching market (BAMM) in the context of cultural selection. Under BIM, matching across cultures is not operated through a well-regulated market, where agents' payoffs are not...
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Building on previous literature that examines the influence of intergenerational transmission in cultural evolution, we highlight the importance of the marriage market in the determination of cultural homogeneity (“melting pot”) versus heterogeneity (“diversity”). To do so, we...
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This paper studies the role of institution in a Darwinian evolutionary process of cultural selection. The primary function of an institution is to determine how citizens in a society are matched pairwisely to interact. We examine three different types of institutions: utilitarian, egalitarian,...
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