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The Possible Use of Akerlof and Kranton’s Utility Model in Higher Education

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  • Mihaly Nikolett

    (Faculty of Economics and Business, Szent István University of Gödöllő, Gödöllő, Hungary)

Abstract

Background: The identity and utility research carries significant role in the modern economics. There are financial outputs, if we can moderate appropriate the student’s and worker’s identities.

Suggested Citation

  • Mihaly Nikolett, 2018. "The Possible Use of Akerlof and Kranton’s Utility Model in Higher Education," Business Systems Research, Sciendo, vol. 9(1), pages 138-150, March.
  • Handle: RePEc:bit:bsrysr:v:9:y:2018:i:1:p:138-150:n:11
    DOI: 10.2478/bsrj-2018-0011
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    References listed on IDEAS

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    1. Adler, Matthew D., 2014. "Extended Preferences And Interpersonal Comparisons: A New Account," Economics and Philosophy, Cambridge University Press, vol. 30(2), pages 123-162, July.
    2. Franco Modigliani, 1988. "The Monetarist Controversy Revisited," Contemporary Economic Policy, Western Economic Association International, vol. 6(4), pages 3-18, October.
    3. Trinh Le & John Gibson & Les Oxley, 2003. "Cost‐ and Income‐based Measures of Human Capital," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 271-307, July.
    4. George A. Akerlof & Rachel E. Kranton, 2002. "Identity and Schooling: Some Lessons for the Economics of Education," Journal of Economic Literature, American Economic Association, vol. 40(4), pages 1167-1201, December.
    5. George A. Akerlof & Rachel E. Kranton, 2005. "Identity and the Economics of Organizations," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 9-32, Winter.
    6. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    7. Milton Friedman, 1957. "A Theory of the Consumption Function," NBER Books, National Bureau of Economic Research, Inc, number frie57-1, May.
    8. George A. Akerlof & Rachel E. Kranton, 2000. "Economics and Identity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(3), pages 715-753.
    9. Milton Friedman, 1957. "The Permanent Income Hypothesis," NBER Chapters, in: A Theory of the Consumption Function, pages 20-37, National Bureau of Economic Research, Inc.
    10. Aaker, Jennifer L. & Akutsu, Satoshi, 2009. "Why Do People Give? The Role of Identity in Giving," Research Papers 2027, Stanford University, Graduate School of Business.
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    More about this item

    Keywords

    Education; Well-Being; Innovation;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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