Hostname: page-component-848d4c4894-cjp7w Total loading time: 0 Render date: 2024-06-15T12:07:18.916Z Has data issue: false hasContentIssue false

Modeling the evolution of preferences: an answer to Schubert and Cordes

Published online by Cambridge University Press:  15 November 2013

Department of Philosophy and Theory of Science, University of Linz, Altenbergerstraße 69, Linz, Austria
Mathematical Institute, University of Bonn, Endenicher Allee 60, 53115 Bonn, Germany


We applaud the effort of Schubert and Cordes (2013, this journal) to contribute a model describing the social mediation of preferences and to apply their results to the more general context of economic welfare. Although we consider this topic to be of utmost importance and interest, we have found a problem in Schubert and Cordes’ argument that renders their statements in Section 3 invalid. After providing some basic intuition on the problem at hand, we present a short proof showing that the assumptions of the model always lead to a stable society. We also report on an interesting non-linear segregation effect that can occur within the Schubert-Cordes model.

Research Article
Copyright © Millennium Economics Ltd 2013 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)


Chung, F. (1997), Spectral Graph Theory (CBMS Regional Conference Series in Mathematics, 92), Providence, RI: American Mathematical Society.Google Scholar
Gilbarg, D. and Trudinger, N. (2001), Elliptic Partial Differential Equations of Second Order, Springer.CrossRefGoogle Scholar
Hogg, M. A. and Terry, D. J. (2000), ‘Social Identity and Self-Categorization Process in Organizational Contexts’, Academy of Management Review, 25 (1): 121140.Google Scholar
Kahnemann, D. (2003), ‘Maps of Bounded Rationality: Psychology for Behavioral Economics’, American Economic Review, 93 (5): 14491475.CrossRefGoogle Scholar
Schubert, C. and Cordes, C. (2013), ‘Role Models that Make You Unhappy: Light Paternalism, Social Learning, and Welfare’, Journal of Institutional Economics, 9 (2): 131159.Google Scholar
Veblen, T. B. (1970[1899]), The Theory of the Leisure Class, London: Unwin.Google Scholar