Table of Contents

Handbook on the Economics of Reciprocity and Social Enterprise

Handbook on the Economics of Reciprocity and Social Enterprise

Elgar original reference

Edited by Luigino Bruni and Stefano Zamagni

The recent era of economic turbulence has generated a growing enthusiasm for an increase in new and original economic insights based around the concepts of reciprocity and social enterprise. This stimulating and thought-provoking Handbook not only encourages and supports this growth, but also emphasises and expands upon new topics and issues within the economics discourse.

Chapter 19: Identity

John B. Davis

Subjects: economics and finance, behavioural and experimental economics, economic psychology, public sector economics, politics and public policy, social entrepreneurship, social policy and sociology, economics of social policy

Extract

The concept of identity has begun to be employed only relatively recently in economics, and accordingly still lacks a standard meaning and established set of applications in the subject. However, in its most influential initial uses by Amartya Sen (1999) and George Akerlof and Rachel Kranton (2000) it has been developed largely in terms of the concept of social identity (though in quite different ways). Social identity as understood in social psychology (see Brown, 2000), where the concept was influentially developed by Erik Erikson in connection with his idea of an identity crisis (Erikson, 1950), concerns individuals’ ‘identification with’ social groups of which they are members. There are different ways of understanding the idea of ‘identification with,’ with both more psychological and sociological types of interpretations, but generally it means that individuals treat the characteristics of the social group with which they identify as their own individual characteristics, for example, as when people think of themselves as individuals having a certain nationality, gender, or religion. Akerlof and Kranton, then, adopt this sort of understanding when they rewrite the standard utility function representation of the individual to include a vector of self-images which people are said to have in virtue of their having corresponding characteristics associated with certain social groups. Sen employs the same idea that social group characteristics and social identities are applied to individuals and influence how they think of themselves, but in contrast he also argues that individuals deliberate over whether to embrace these assignments.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information