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Searching for identity in the capability space

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Author Info
Alan Kirman
Miriam Teschl

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Abstract

In this paper, we consider the extension of the conception of the economic agent as a person who chooses particular actions in relation to his or her social identity. We do this in particular by analysing Akerlof and Kranton's recent models on 'economics and identity’ (2000). Amartya Sen has over the years consistently pointed out that a person might have different reasons to choose, including not only those that increase a person's self -interested utility, however broadly this self might be defined. The question then is how should one assess a person's well-being if her choices are not based on the maximisation of her 'own’ utility. Against the background of these considerations, we will present our own analysis of the economic agent's identity, which is motivated not by the self -interested choices, but by achieving consistency between one's characteristics and one's desired self-image through participation in different social groups. We propose to situate this identity-conception in a space of capabilities.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 13 (2006)
Issue (Month): 3 (September)
Pages: 299-325
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Handle: RePEc:taf:jecmet:v:13:y:2006:i:3:p:299-325

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Related research
Keywords: social identity; personal identity; preferences; rationality of choice; change;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. 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. [Downloadable!] (restricted)
  2. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August. [Downloadable!] (restricted)
  3. Davis, John B, 1995. "Personal Identity and Standard Economic Theory," Journal of Economic Methodology, Taylor and Francis Journals, vol. 2(1), pages 35-52, June.
  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.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Ulrich Horst & Alan Kirman & Miriam Teschl, 2006. "Changing Identity: The Emergence of Social Groups," Working Papers halshs-00410853_v1, HAL. [Downloadable!]
    Other versions:
  2. Caroline Gerschlager, 2008. "Foolishness and Identity: Amartya Sen and Adam Smith," Working Papers DULBEA 08-03.RS, Université libre de Bruxelles, Department of Applied Economics (DULBEA). [Downloadable!]
  3. Francesco Rullani, 2006. "Dragging developers towards the core," CESPRI Working Papers 190, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Feb 2007. [Downloadable!]
  4. Thomas Jeitschko & Seamus O'Connell & Rowena Pecchenino, 2008. "Generalised Means of Simple Utility Functions with Risk Aversion," The Economic and Social Review, Economic and Social Studies, vol. 39(1), pages 39-54. [Downloadable!]
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This page was last updated on 2009-11-14.


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