Identity economics how our identities shape our work, wages, and well-being

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 o.;Introduction -- Identity economics -- Identity and norms in utility -- Where we fit into today's economics -- Identity and the economics of organizations -- Identity and the economics of education -- Gender and work -- Race and minority poverty -- Identity economics and economic methodology -- Conclusion, and five ways identity changes economics.