ECONOMICS AND IDENTITY IN THE 21ST CENTURY: AN ANALYSIS OF CONTRIBUTIONS BY AKERLOF AND KRATON, SEN AND DAVIS

• Autor(a) principal: Brites, Maríndia
• Data de Publicação: 2019
• Outros Autores: Marin, Solange Regina, Almeida, Felipe
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Análise Econômica (Online)
• Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/75721
• topic: Identidade social; Commitment; George Akerlof; Amartya Sen; John Davis; D01; B59; Z13; Social identity. Commitment; George Akerlof; Amartya Sen; John Davis; D01; B59; Z13

The goal of this paper is introducing key economics’ approaches that deal withthe concept of identity. The key approaches are: a) Akerlof and Kranton’s mainstream modelof which takes identity into account as associate it with an externality that limits or maximizesthe utility of individuals through social interaction; b) Amartya Sen’s approach that relatesidentities toe commitment, which is a form of human behavior opposed to maximizingindividual self-interest; c) the social identity of John Davis, it comes from the personal andindividual identities, so that human behavior encompasses personal aspects, but leavingthe individualization of individuals inserted in social contexts. The paper also introduces adebate on how the three approaches emphasize that the concept of “identity” should beembedded in economic studies. This debate relies on decision-making and considers howpsychological and sociological elements were inserted into the approaches.