Identity economics how our identities shape our work wages and well being. Identity economics : how our identities shape our work, wages, and well 2019-01-26

Identity economics how our identities shape our work wages and well being Rating: 5,3/10 1395 reviews

Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

It is admirably short, written in a clear, nontechnical style but without the condescending breeziness of many books aimed at the airport market. Since the civil rights movement, many African Americans have made significant economic gains. This new enlightened economics opens up a bright future for serious collaboration between economists and sociologists. Identity Economics bridges a critical gap in the social sciences. The stick-figure Homo economicusthat populated economic models beginning in the past century cared only about economic goods and services. This paradigm offers better ways of understanding the consequences of public policies and business practices. 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.

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Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

Identity, she argued, was the missing element that would help to explain why people--facing the same economic circumstances--would make different choices. The University does not edit this information and merely includes it as a convenience for users. The result is an accessible work of commendable clarity. With verve and insight, the book transforms standard economic understandings of organizations, schools, gender segregation, and racial discrimination. Identity Economics provides a new language and a useful apparatus to take measure of 'real people in real situations. This new enlightened economics opens up a bright future for serious collaboration between economists and sociologists.

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Identity economics : how our identities shape our work, wages, and well

identity economics how our identities shape our work wages and well being

With an identity model, the facts fall into place. It is admirably short, written in a clear, nontechnical style but without the condescending breeziness of many books aimed at the airport market. Identity economics is a step forward, progressing economic theory and understanding a little further along the path from Homo economicus to Homo sapiens. 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.

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Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

As with any review users should approach reviews critically and where deemed necessary should consult multiple review sources. Our utility function is simple and parsimonious. In a recent book by George Akerlof and Rachel Kranton, Identity Economics , the authors document how people in exceptional organizations work well because they identify with the values and the culture, not simply the financial rewards. 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. Their findings are that economic behavior is governed by one's social category, by the norms of that social assignment, and by how one views one's identity in that social context.

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Identity economics : how our identities shape our work, wages, and well

identity economics how our identities shape our work wages and well being

This was the beginning of a fourteen-year collaboration--and of Identity Economics. Savage, The Economic Record There is no question monetary incentives are important--indeed critical--but it is important also to consider other meaningful ways to motivate and engage work forces. Savage, The Economic Record The book provides a solid basis for a plethora of future research, especially in the field of behavioural economics. Moving away from conventional accounts, they propose a bold paradigm to explain why and how identity and social norms shape economic decision making. Their hair is cut off. Identity Economicsprovides a new language and a useful apparatus to take measure of 'real people in real situations. To study such major parts of economies, economists adapted game theory.

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Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

Serna, Journal of Economic Issues Identity Economicsblends elements of psychology with traditional economic analysis. It is admirably short, written in a clear, nontechnical style but without the condescending breeziness of many books aimed at the airport market. This was the beginning of a fourteen-year collaboration-and of Identity Economics. It brings fascinating developments at the frontier of economics within reach of a wide audience. InIdentity Economicswe sit on an economic porch with Rachel Kranton and George Akerlof, observing what we care about most--our identity. Identity, she argued, was the missing element that would help to explain why people-facing the same economic circumstances-would make different choices.

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Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

It is admirably short, written in a clear, nontechnical style but without the condescending breeziness of many books aimed at the airport market. Identity Economics bridges a critical gap in the social sciences. In Part 2 we specify. The result is an accessible work of commendable clarity. And the limits placed by society on people's identity can also be crucial determinants of their economic well-being.

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Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

For example, she will choose how much to borrow and how much to save. The writing is clear, interesting, and light on jargon. The writing is clear, interesting, and light on jargon. This was the beginning of a fourteen-year collaboration--and of Identity Economics. It is admirably short, written in a clear, nontechnical style but without the condescending breeziness of many books aimed at the airport market. This new enlightened economics opens up a bright future for serious collaboration between economists and sociologists. The writing is lucid and accessible with a minimum of standard economics jargon, making it possible for the book to have a wide readership across the social sciences.

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Identity economics : how our identities shape our work, wages, and well

identity economics how our identities shape our work wages and well being

We follow the trajectory of the past fifty years and bring economics closer to reality. George Akerlof and Rachel Kranton report the results of technical modeling without immersing the reader in the technicalities. Then Gary Becker and followers added all kinds of tastes to the utility function. With just three ingredients—categories, norms and ideals, and identity utility—we capture how motivations vary with social context. Identity Economicsbridges a critical gap in the social sciences. In Identity Economics we sit on an economic porch with Rachel Kranton and George Akerlof, observing what we care about most--our identity. Overall, the book was an interesting and informative read providing a framework for analysis not usually offered elsewhere.

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Akerlof, G. and Kranton, R.: Identity Economics: How Our Identities Shape Our Work, Wages, and Well

identity economics how our identities shape our work wages and well being

It does not warrant that reviews are accurate. And the limits placed by society on people's identity can also be crucial determinants of their economic well-being. While decidedly a trade book, the substantial list of references and strong foundations in the economics literature provide further reading for those who may be more mathematically inclined. Moving away from conventional accounts, they propose a bold paradigm to explain why and how identity and social norms shape economic decision making. There had been no change in the factors that economic theories would typically tell us to look for: no budget cuts, no reduction in the number or quality of teachers, no degradation of the school physical plant, and no change in the economic incentives for students to graduate.

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