Economics and Identity*

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ID: 289447
2000
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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.
Reference Key
openalex_W2121005211 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors George A. Akerlof, Rachel Kranton
Journal the quarterly journal of economics
Year 2000
DOI
10.1162/003355300554881
URL
https://doi.org/10.1162/003355300554881
Keywords Keywords not found

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