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Merit, approbation and the evolution of social structure
[journal article]
Abstract We examine a society in which individuals gain utility from income and social approbation. Approbation is given to an unobservable trait, signalled through social mobility. Two environments are studied: in one players care for absolute approbation; in the other relative approbation matters. In both ... view more
We examine a society in which individuals gain utility from income and social approbation. Approbation is given to an unobservable trait, signalled through social mobility. Two environments are studied: in one players care for absolute approbation; in the other relative approbation matters. In both environments, individuals' quest for approbation both affects and is affected by social structure. We study the long run implications of that interaction on social organization. Various forms of dynasties and meritocracies are possible. Even though social mobility is driven purely by meritocratic principles, pure dynasties can emerge.... view less
Classification
General Sociology, Basic Research, General Concepts and History of Sociology, Sociological Theories
Free Keywords
Approbation; Social status; Intergenerational mobility
Document language
English
Publication Year
2007
Page/Pages
p. 295-315
Journal
Journal of Economic Behavior & Organization, 64 (2007) 3-4
DOI
https://doi.org/10.1016/j.jebo.2006.11.005
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)