Identity And Economics

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- ECONOMICS AND IDEN.Y*. GEORGE A. AKERLOF AND RACHEL E. KRANTON. This paper considers how iden.y, a person 's sense of self, affects economic outcomes. We incorporate the psychology and sociology of iden.y into an economic model of behavior. In the utility function we propose, .In 1995, economist Rachel Kranton wrote futureel Prize-winner George Akerlof a letter insisting that his most recent paper was wrong. Iden.y, she argued, was the missing element that would help to explain why people--facing the same economic cir.stances--would make different choices..It brings iden.y and norms to economics. And the limits placed by society on people 's iden.y can also be crucial determinants of their economic well-being. George A. Akerlof, winner of the 2001el Prize in Economics, is the Koshland Professor of Economics at the University of California, Berkeley..Iden.y economics captures the idea that people make economic choices based on both monetary incentives and their iden.y: holding monetary incentives constant, people avoid actions that conflict with their concept of self..

Iden.y Network is a Christian Resource Website. I AM a Son: How Men and Women Become Mature Spiritual Sons of Book by Don Nori.Department of Economics, The School of Arts and Sciences, Rutgers, The State University of New Jersey.JSTOR is a digital li.ry of academic journals, books, and primary sources..Self defence How to protect yourself against the theft of your iden.y. Top tip: keep an eye on your bank and credit-card statements.

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