This paper reviews three distinct strategies in recent economics for using the concept of social identity in the explanation of individual behavior: Akerlof and Kranton’s neoclassical approach, Sen’s commitment approach, and Kirman et al.’s complexity approach. The primary focus is the...

This paper develops a conception of personal identity for Amartya Sen's capability framework that emphasizes his self-scrutinizing aspect of the self and related concept of commitment, and compares this conception to the co1lective intentionality-based one advanced in Davis (2003c). The paper...

Social interaction with colleagues is an important job attribute for many workers. To attract and retain workers, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a principal-multi-agent model where agents do not only...

What drives stated preferences about the number of foreigners? Is it self-interest as stressed by the political economy of immigration? Does social interaction affect this preference or is the immigration preference completely in line with the preference for the aggregate population size? In...

Gender differences in preferences regarding social relationships and competitive environments are well documented in psychology and economics. Research also shows that social relationships and competition among co-workers are affected by the incentive schemes workers are exposed to. We combine...

Is moving to the countryside a credible commitment device for couples? Weinvestigate whether lowering the arrival rate of potential alternative partners bymoving to a less populated area lowers the dissolution risk for a sample of Danishcouples. We find that of the couples who married in the...

Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMWto lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors.Consistent with the life-cycle hypothesis, the effects on winners’...

A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...

Purpose: This paper addresses the nature, formalization, and neural bases of (affective) social ties anddiscusses the relevance of ties for health economics. A social tie is defined as an affectiveweight attached by an individual to the well-being of another individual...