What factors determine a minority group's extent/pattern of assimilation with the mainstream population in a country? We study this question in a dynamic multi-generation model, and formalize the sociological theory of segmented assimilation propounded by Portes and Zhou (1993). Our key...

What factors determine a minority group's extent/pattern of assimilation with the mainstream population in a country? We study this question in a dynamic multi-generation model, and formalize the sociological theory of segmented assimilation propounded by Portes and Zhou (1993). Our key...

We describe a unique institution used by 19th century Indian guilds to raise funds: The guild members agreed that on a particular day all but one of their shops would be shut. An auction would be held to determine which one shop would remain open, and the winning bid would go to the guild funds....