Identity Economics

How Our Identities Shape Our Work, Wages, and Well-Being

Recommended by Trevor Phillips, and 1 others. See all reviews

Ranked #91 in Behavioral Economics

Identity Economics provides an important and compelling new way to understand human behavior, revealing how our identities--and not just economic incentives--influence our decisions. In 1995, economist Rachel Kranton wrote future Nobel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of Identity Economics.


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Reviews and Recommendations

We've comprehensively compiled reviews of Identity Economics from the world's leading experts.

Trevor Phillips Yes, this is just out and to be frank I am only halfway through it. But it is a completely new idea, which, in essence, says that one effect of being in an increasingly liberal and affluent society is that aspects of identity that previously didn’t seem to matter that much to economists are consciously influencing our behaviour. This is most significant when it comes to gender: that is to say that women are increasingly conscious of making choices about what they do and how because they are women. For example, working part time. So gender identity is influencing economic choices in a way they... (Source)


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