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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions.[1][2][3][4]

Topics include economics of the arts and literature,[5] religion,[6][7] social norms,[8] social capital,[9][10] and social networks.[11][12] A general analytical issue is how ideas and behaviors are spread between individuals through processes such as social learning, as in the theory of social evolution[13][14] and information cascades.[15][16]

Methods include case studies and theoretical and empirical modeling of cultural transmission within and across social groups.[17][18][19][20]

See also

Notes

  1. ^ Luigi Guiso, Paola Sapienza, and Luigi Zingales (2006). "Does Culture Affect Economic Outcomes?," Journal of Economic Perspectives, 20(2), pp. 23-48 (press *).
  2. ^ Jeanette D. Snowball (2008). Measuring the Value of Culture. Description and Arrow-page searchable chapter links.
  3. ^ Raquel Fernández {2008}. "culture and economics." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract and pre-publication copy.
  4. ^ 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. Abstract.
  5. ^ David Throsby (2008). "art, economics of," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
  6. ^ Laurence R. Iannaccone (1998). "Introduction to the Economics of Religion," Journal of Economic Literature, 36(3), pp. 1465–1495.
  7. ^ Laurence R. Iannaccone and Eli Berman (2008). "religion, economics of," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
  8. ^ H. Peyton Young {2008}. "social norms." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract
  9. ^ Partha Dasgupta {2008}. "social capital." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract
  10. ^ Paul Seabright (2008). "hunters, gatherers, cities and evolution," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract
  11. ^ James Moody and Martina Morris. "social networks, economic relevance of," The New Palgrave Dictionary of Economics, 2nd Edition Abstract.
  12. ^ As at Journal of Economic Literature category JEL: Z1 .
  13. ^ Joel M. Guttman (2003). "Repeated Interaction and the Evolution of Preferences for Reciprocity," Economic Journal, 113(489), pp. 631-656.
  14. ^ Alberto Bisin et al. (2004). "Cooperation as a Transmitted Cultural Trait," Rationality and Society, 16(4), 477-507. Abstract.
  15. ^ 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. + button to enlarge).
  16. ^ Sushil Bikhchandani, David Hirshleifer, and Ivo Welch [2008). "information cascades," The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
  17. ^ Edward P. Lazear (1999). "Culture and Language," Journal of Political Economy, 107(6), Part 2, pp. S95-S126.
  18. ^ Alberto Bisin and Thierry Verdier (2008). "cultural transmission. The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.
  19. ^ José A. Scheinkman (2008). "social interactions (theory)," The New Palgrave Dictionary of Economics, 2nd Edition.Abstract.
  20. ^ Rob Boyd (2008). "cross-cultural experiments." The New Palgrave Dictionary of Economics, 2nd Edition. Abstract.

References

  • Mark Blaug (2001). "Where Are We Now On Cultural Economics," Journal of Economic Surveys, 15(2), pp. 123-14. Abstract.
  • Alan T. Peacock, Ilde Rizzo, and Giorgio Brosio (1994). Cultural Economics and Cultural Policies, Springer, ISBN 079232868X, ISBN 9780792328681. Description.
  • Ruth Towse ed. (2003). A Handbook of Cultural Economics, Edward Elgar. 494 pp. Contents. ISBN 1840643382, ISBN 9781840643381

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