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Item Details
Title: IDENTITY ECONOMICS
HOW OUR IDENTITIES SHAPE OUR WORK, WAGES, AND WELL-BEING
By: George A. Akerlof, Rachel E. Kranton
Format: Paperback

List price: £17.99
Our price: £14.39
Discount:
20% off
You save: £3.60
ISBN 10: 0691152551
ISBN 13: 9780691152554
Availability: Usually dispatched within 3-5 days.
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Stock: Currently 1item in stock
Publisher: PRINCETON UNIVERSITY PRESS
Pub. date: 26 September, 2011
Pages: 200
Description: Provides an important way to understand human behavior, revealing how our identities - and not just economic incentives - influence our decisions. This title explains how our conception of who we are and who we want to be may shape our economic lives more than any other factor, affecting how hard we work, and how we learn, spend, and save.
Synopsis: 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 recent paper was wrong. Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. This was the beginning of a fourteen-year collaboration--and of Identity Economics. The authors explain how our conception of who we are and who we want to be may shape our economic lives more than any other factor, affecting how hard we work, and how we learn, spend, and save. Identity economics is a new way to understand people's decisions--at work, at school, and at home. With it, we can better appreciate why incentives like stock options work or don't; why some schools succeed and others don't; why some cities and towns don't invest in their futures--and much, much more. Identity Economics 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. Thus people's identity--their conception of who they are, and of who they choose to be--may be the most important factor affecting their economic lives. And the limits placed by society on people's identity can also be crucial determinants of their economic well-being.
Illustrations: 1 halftone. 1 line illus.
Publication: US
Imprint: Princeton University Press
Prizes: Joint winner of Co-Winner of the 2001 Nobel Prize in Economics 2001 Commended for Association of American Publishers Award for Best Short-listed for Bloomberg News Top Thirty Business Books of the Year 2010
Returns: Returnable
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