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Social Identity Strategies in Recent Economics

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  • John B Davis

    ()
    (Marquette University and University of Amsterdam)

Abstract

This paper reviews three distinct strategies in recent economics for using the concept of social identity in the explanation of individual behavior: Akerlof and Kranton’s neoclassical approach, Sen’s commitment approach, and Kirman et al.’s complexity approach. The primary focus is the multiple selves problem and the difficulties associated with failing to explain social identity and personal identity together. The argument of the paper is that too narrow a scope for reflexivity in individual decisionmaking renders the problem intractable, but that enlarging this scope makes it possible to explain personal and social identity together in connection with an individual behavior termed comparative value-objective evaluation. The paper concludes with recommendations for treating the individual objective function as a production function.

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File URL: http://www.tinbergen.nl/discussionpapers/05078.pdf
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Bibliographic Info

Paper provided by Marquette University, Center for Global and Economic Studies and Department of Economics in its series Working Papers and Research with number 0508.

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Length: 32 pages
Date of creation: Aug 2005
Date of revision:
Handle: RePEc:mrq:wpaper:0508

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Related research

Keywords: social identity; personal identity; reflexivity; individual objective function;

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References

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  1. Alan P. Kirman, 1992. "Whom or What Does the Representative Individual Represent?," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-136, Spring.
  2. Alan Kirman, 2006. "Demand Theory and General Equilibrium: From Explanation to Introspection, a Journey down the Wrong Road," History of Political Economy, Duke University Press, vol. 38(5), pages 246-280, Supplemen.
  3. 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.
  4. John B. Davis, 2004. "Identity and Commitment: Sen's Conception of the Individual," Tinbergen Institute Discussion Papers 04-055/2, Tinbergen Institute.
  5. John B. Davis, 2007. "Akerlof and Kranton on identity in economics: inverting the analysis," Cambridge Journal of Economics, Oxford University Press, vol. 31(3), pages 349-362, May.
  6. George A. Akerlof & Rachel E. Kranton, 2000. "Economics And Identity," The Quarterly Journal of Economics, MIT Press, vol. 115(3), pages 715-753, August.
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Citations

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Cited by:
  1. Pecchenino, Rowena A., 2009. "Becoming: Identity and spirituality," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 31-36, January.
  2. 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.
  3. Fernando Aguiar & Pablo Branas-Garza & Maria Paz Espinosa & Luis Miller, 2010. "Personal identity: a theoretical and experimental analysis," Journal of Economic Methodology, Taylor & Francis Journals, vol. 17(3), pages 261-275.
  4. John Smith, 2012. "Reputation, Social Identity and Social Conflict," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(4), pages 677-709, 08.
  5. Wen-Chun Chang, 2013. "Climbing up the Social Ladders: Identity, Relative Income, and Subjective Well-being," Social Indicators Research, Springer, vol. 113(1), pages 513-535, August.
  6. Virgile Chassagnon, 2008. "Qu'est-ce qu'une firme (-réseau) ?," Post-Print halshs-00374758, HAL.
  7. Virgile Chassagnon, 2012. "Pouvoir et coopération dans la firme et entre les firmes," Post-Print halshs-00818301, HAL.
  8. Virgile Chassagnon, 2008. "The Network-Firm as a Single Real Entity: Beyond the Aggregate of Distinct Legal Entities," Post-Print halshs-00374978, HAL.
  9. Lombardini-Riipinen, Chiara & Lankoski, Leena, 2010. "Take off the heater: Utility effect and food environment effect in food consumption decisions," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116431, European Association of Agricultural Economists & Agricultural and Applied Economics Association.

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