@article{ref1,
title="Parents, television and cultural change",
journal="Economic journal",
year="2014",
author="Immordino, Giovanni and Hauk, Esther",
volume="124",
number="579",
pages="1040-1065",
abstract="We develop a model of cultural transmission where television plays a role in socialisation. We study the coverage of different cultural traits by a profit-maximising TV industry and the resulting cultural dynamics. A monopolist covers both traits, but grants more coverage to the most profitable group. In a competitive TV industry each channel specialises on one trait. This might lead to cultural extinction, but only for sufficiently large majorities. Cultural extinction is more likely in a competitive than in a monopolistic TV industry. Overall our model predicts that cultural extinction can only occur under very special circumstances.<p /> <p>Language: en</p>",
language="en",
issn="0013-0133",
doi="10.1111/ecoj.12078",
url="http://dx.doi.org/10.1111/ecoj.12078"
}