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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...
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This work bridges a critical gap in the social sciences. It brings identity and norms to economics. People's notions of what is proper, and what is forbidden, and for whom, are fundamental to how hard they work, and how they learn, spend, and save
Persistent link: https://www.econbiz.de/10013503356
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...
Persistent link: https://www.econbiz.de/10012684412
ecological rationality research program, it presents the main factors that determine economic choices, before exploring the most …
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beneficial interventions. The authors argue instead for a more inclusive theory of rationality in economic policymaking. …
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