Identity Economics 2016: Where Do Social Distinctions and Norms Come From?
- (pp. 405-09)
AbstractIdentity economics provides a framework to analyze economic outcomes by establishing people's identities--not just pecuniary incentives--as primary motivations for choice. The heart of the framework is social difference and norms. This paper engages the emerging economic research into sources of divisions and norms: individuals, families, schools, governments, and social movements. The task at hand is to further to develop the micro-foundations of identity, in order to build a socially framed understandings of human motivation that will yield more robust accounts of behavior and institutions and yet better predictions of the implications of policy.
Citation2016. "Identity Economics 2016: Where Do Social Distinctions and Norms Come From?" American Economic Review, 106 (5): 405-09. DOI: 10.1257/aer.p20161038
- D11 Consumer Economics: Theory
- D71 Social Choice; Clubs; Committees; Associations
- Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification