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- W1991054631 abstract "Abstract Competition tends to promote efficient (equilibrium) behavior through the higher survival of the organizations (say firms) that adopt it. On the other hand, culture (understood as the inherited social pattern of behavior) may induce certain short-run inertias. This paper analyzes a dynamic model of the struggle between these two forces in the evolution of alternative stable configurations of social behavior. Journal of Economic Literature Classification Numbers: C72, L20." @default.
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- W1991054631 date "1993-10-01" @default.
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- W1991054631 title "Competition and Culture in an Evolutionary Process of Equilibrium Selection: A Simple Example" @default.
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- W1991054631 doi "https://doi.org/10.1006/game.1993.1034" @default.
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