George Akerlof
An economist and co-originator of identity economics, who with Rachel Kranton introduced the concept of identity into the framework for analyzing economic behavior.
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Identity economics was proposed by economists George Akerlof and Rachel Kranton around 2000, with the core claim of introducing identity into the analytical framework of economic behavior, holding that individuals simultaneously belong to multiple social categories and are influenced by norms activated by context.
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The theory of information asymmetry was systematically articulated by Nobel Prize-winning economist George Akerlof in his 'Market for Lemons' theory.
60%UnverifiedIdentity economics was proposed by economists George Akerlof and Rachel Kranton around 2000, with the core claim of introducing identity into the analytical framework of economic behavior, holding that individuals simultaneously belong to multiple social categories and are influenced by norms activated by context.
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