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Cited by 5,585

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Economics and Identity*

Open access
Akerlof, George A., Kranton, Rachel E.·2000·Quarterly Journal of Economics
DOI 10.1162/003355300554881
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Abstract

This paper considers how identity, a person's sense of self, affects economic outcomes. We incorporate the psychology and sociology of identity into an economic model of behavior. In the utility function we propose, identity is associated with different social categories and how people in these categories should behave. We then construct a simple game-theoretic model showing how identity can affect individual interactions. The paper adapts these models to gender discrimination in the workplace, the economics of poverty and social exclusion, and the household division of labor. In each case, the inclusion of identity substantively changes conclusions of previous economic analysis.

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Metadata

Authors
Akerlof, G. A., & Kranton, R. E.
Venue
Quarterly Journal of Economics
Publisher
Oxford University Press (OUP)
Published
2000-08
Volume
115
Issue
3
Pages
715-753
ISSN
  • 0033-5533 (ISSN-L)
  • 1531-4650
DOI
10.1162/003355300554881
OpenAlex
W2121005211
Cited by
5,585
References
2
FWCI
190.48
Type
journal article
Language
en
Open access
green

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Akerlof, G. A., & Kranton, R. E. (2000). Economics and Identity*. Quarterly Journal of Economics. https://doi.org/10.1162/003355300554881

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