Toward an Economic Theory of Dysfunctional Identity
We advance a novel choice-theoretic model of “identity” based on the notions of categories and narratives. Identity is conceived as a matter of “reflexive perception” — how people understand themselves. Choosing an identity is equivalent to making a generalization about one’s past that highlights the most salient aspects of experience. When many individuals make a common choice in this regard, they embrace a collective identity which is dysfunctional if it is Pareto dominated by an alternative self-classificatory schema. Using a simple multi-stage risk sharing game, we explore conditions under which dysfunctional collective identities might be expected to emerge.
|Date of creation:||Nov 2004|
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- Jackson, Matthew O. & Fryer Jr., Roland G., 2002.
"Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making,"
1144, California Institute of Technology, Division of the Humanities and Social Sciences.
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- Justine Burns, 2004. "Race and trust in post-apartheid South Africa," SALDRU/CSSR Working Papers 078, Southern Africa Labour and Development Research Unit, University of Cape Town.
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