Cultural economics
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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here (try replacing, "here", with a formal word) , 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions.[1]
Applications include the study of religion,[2] social norms.[3] social identity,[4] fertility,[5] beliefs in redistributive justice,[6] ideology,[7] hatred,[8] terrorism,[9] trust,[10] and the culture of economics.[11][12] A general analytical theme is how ideas and behaviors are spread among individuals through the formation of social capital,[13] social networks[14] and processes such as social learning, as in the theory of social evolution[15] and information cascades.[16] Methods include case studies and theoretical and empirical modeling of cultural transmission within and across social groups.[17] In 2013 Said E. Dawlabani added the value systems approach to the cultural emergence aspect of macroeconomics.[18]
See also[edit]
- Behavioral economics
- Cultural anthropology
- Cultural geography
- Cultural cognition
- Cultural policy
- Economic anthropology
- Economic sociology
- Economics of the arts and literature
- Evolutionary economics
- Economic imperialism (economics)
- Social economics
- Information economics
Notes[edit]
- ^ Press + button or ctrl + for small-font links below.
• Raquel Fernández, 2008. "culture and economics." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract and pre-publication copy.
• Luigi Guiso, Paola Sapienza, and Luigi Zingales, 2006. "Does Culture Affect Economic Outcomes?," Journal of Economic Perspectives, 20(2), pp. 23-48.
• Victor A. Ginsburgh & David Throsby ed., 2006, Handbook of the Economics of Art and Culture, v. 1:
Mark Casson. "Culture and Economic Performance," Chapter 12, pp. 359-397. Abstract.
Paul Streeten. "Culture and Economic Development," Chapter 13, pp. 399-412. Abstract.
• Jeanette D. Snowball, 2008. Measuring the Value of Culture, Springer. Description and Arrow-page searchable chapter links.
• Joseph Henrich et al., 2005. "'Economic Man' in Cross-Cultural Perspective: Behavioral Experiments in 15 Small-scale Societies," Behavioral and Brain Sciences, 28(6), pp. 795-815.
• Samuel Bowles, 1998. "Endogenous Preferences: The Cultural Consequences of Markets and Other Economic Institutions," Journal of Economic Literature, 36(1), pp. 75–111.
• Guido Tabellini, 2008. "Institutions and Culture," Journal of the European Economic Association, 6(2/3),2008), pp. 255-294. - ^ • Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, 36(3), pp. 1465–1495.
• Laurence R. Iannaccone and Eli Berman, 2008. "religion, economics of," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. - ^ • H. Peyton Young, 2008. "social norms." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract
• Kenneth G. Binmore and Larry Samuelson, 1994. "An Economist's Perspective on the Evolution of Norms," Journal of Institutional and Theoretical Economics, 150(1), pp. 45-63. Abstract.
• Richard A. Posner, 1997. "Social Norms and the Law: An Economic Approach," American Economic Review, 87(2), p p. 365-369.
• Gary S. Becker and Kevin M. Murphy, 2001, Social Economics: Market Behavior in a Social Environment, ch. 10, "The Formation of Norms and Values." Description and table of contents. Harvard University Press.
• Jess Benhabib, Alberto Bisin, and Matthew Jackson, ed., 2011. Handbook of Social Economics, Elsevier. Vol. 1A: Part 1. Social Preferences, ch. 1-11; Part 2. Social Actions, ch. 12-17. Description & Contents links and chapter-preview links.
• Arthur J. Robson, 2008. "group selection," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. - ^ George A. Akerlof and Rachel E. Kranton, 2000. "Economics and Identity," Quarterly Journal of Economics, 115(3), pp. 715–53.
• _____, 2005. "Identity and the Economics of Organizations," Journal of Economic Perspectives, 19(1), pp. 9–32.
• _____, 2010. Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being, Princeton University Press. Description & TOC, "Introduction," pp. 3-8, and preview. - ^ Raquel Fernández and Alessandra Fogli, 2006. "Fertility: The Role of Culture and Family Experience," Journal of the European Economic Association, 4(2/3), p p. 552-561.
- ^ Roland Bénabou and Jean Tirole, 2006. "Belief in a Just World and Redistributive Politics," Quarterly Journal of Economics, 121(2), pp. 699-746.
- ^ • Roland Bénabou, 2008. "Ideology," Journal of the European Economic Association, 6(2-3), pp. 321-352..
• Joseph P. Kalt and Mark A. Zupan, 1984. "Capture and Ideology in the Economic Theory of Politics," American Economic Review, 74(3), p p. 279-300. Reprinted in C. Grafton and A. Permaloff, ed., 2005, The Behavioral Study of Political Ideology and Public Policy Formation, ch. 4, pp. 65-104.
• Bisina, Alberto; Verdier, Thierry (March 2000). "A model of cultural transmission, voting and political ideology". European Journal of Political Economy. Elsevier. 16 (1): 5–29. doi:10.1016/S0176-2680(99)00045-2.
• D. Andrew Austin and Nathaniel T. Wilcox, 2007. "Believing in Economic Theories: Sex, Lies, Evidence, Trust, and Ideology," Economic Inquiry 45(3), pp. 502–518.
• Timur Kuran, 1995. Private Truths, Public Lies: The Social Consequences of Preference Falsification. Harvard University Press. Description and scroll to chapter-preview links. - ^ Edward L. Glaeser, 2005. "The Political Economy Of Hatred," Quarterly Journal of Economics, 120(1), pp. 45-86.
- ^ • S. Brock Blomberg and Gregory D. Hess,`2008. "terrorism, economics of," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• Alan B. Krueger, 2008. What Makes a Terrorist: Economics and the Roots of Terrorism, Princeton. Description, Introduction, and ch. 1 preview. - ^ • Joyce Berg, John Dickhaut, and Kevin McCabe, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, 10(1), pp. 122-142. Abstract.
• Raymond Fismana and Tarun Khanna, 1999. "Is Trust a Historical Residue? Information Flows and Trust Levels." Journal of Economic Behavior & Organization, 38(1), pp. 79-92. Abstract.
• Nava Ashraf, Iris Bohnet, and Nikita Piankov, 2006. "Decomposing Trust and Trustworthiness," Experimental Economics, 9(3), p p. 193-208.
• Paul J. Zak and Stephen Knack, 2001. "Trust and Growth," Economic Journal, 111(470), p p. 295-321.
• Patrick Francois and Jan Zabojnik, 2005. "Trust, Social Capital, and Economic Development," Journal of the European Economic Association, 3(1), p p. 51-94.
• Sjoerd Beugelsdijk, 2006. "A Note on the Theory and Measurement of Trust in Explaining Differences in Economic Growth," Cambridge Journal of Economics, 30(3), pp. 371–387.
• Swee-Hoon Chuah et al., 2007. "Do Cultures Clash? Evidence from Cross-national Ultimatum Game Experiments," Journal of Economic Behavior & Organization, 64(1), pp. 35-48. Abstract. - ^ • Melvin W. Reder, 1999. Economics: The Culture of a Controversial Science, Description and chapter links.
• Joseph J. Spengler,1970. "Notes on the International Transmission of Economic Ideas," History of Political Economy, 2(1), p p. 133-151.
• Yuval Yonay and Daniel Breslau, 2006. "Marketing Models: The Culture of Mathematical Economics," Sociological Forum, 21(3), p p. 345-386. HTMl - ^ As at Journal of Economic Literature category JEL: Z1 Cultural Economics,....
- ^ • Partha Dasgupta, 2008. "social capital," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• Joel Sobel, 2002. "Can We Trust Social Capital?" Journal of Economic Literature, 40(1), pp. 139-154 (close Bookmarks tab). - ^ James Moody and Martina Morris. "social networks, economic relevance of," The New Palgrave Dictionary of Economics, 2nd Edition Abstract.
- ^ • Paul Seabright, 2008. "hunters, gatherers, cities and evolution," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• Alberto Bisin and Thierry Verdier, 2008. "cultural transmission," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• Joel M. Guttman, 2003. "Repeated Interaction and the Evolution of Preferences for Reciprocity," Economic Journal, 113(489), p p. 631-656.
• Alberto Bisin et al., 2004. "Cooperation as a Transmitted Cultural Trait," Rationality and Society, 16(4), 477-507. Abstract. - ^ • Sushil Bikhchandani, David Hirshleifer, and Ivo Welch, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades." Journal of Political Economy, 100(5), pp. 992-1026.
• Sushil Bikhchandani, David Hirshleifer, and Ivo Welch, 1998. "Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades," Journal of Economic Perspectives, 12(3), pp. 151-170.
• Sushil Bikhchandani, David Hirshleifer, and Ivo Welch, 2008. "information cascades," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract. - ^ • Alberto Bisin and Thierry Verdier, 2008. "cultural transmission. The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• Rob Boyd, 2008. "cross-cultural experiments." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
• José A. Scheinkman, 2008. "social interactions (theory)," The New Palgrave Dictionary of Economics, 2nd Edition.Abstract.
• Charles F. Manski, 2000. "Economic Analysis of Social Interactions," Journal of Economic Perspectives, 14(3), pp.115-36 here or here or with linked citations.
• Edward P. Lazear, 1999. "Culture and Language," Journal of Political Economy, 107(6), Part 2, p p. S95-S126. Complete abstract. - ^ Said Elias Dawlabani. MEMEnomics; The Next Generation Economic System, ISBN 978-1590799963
Journals[edit]
- Economic Development and Cultural Change
- Journal of Cultural Economics. Description, scope and links to volume contents.