Questions: Identity Economics

3 questions to test your understanding

Score: 0 / 3
Question 1 Multiple Choice

In Akerlof and Kranton's identity economics framework, a person's utility depends on...

AOnly their own material consumption, as in standard theory
BTheir own material consumption, their social category, the prescriptions (norms) associated with that category, and the deviation between their actual behavior and those prescriptions
CHow much they earn relative to others in their social group
DTheir position in a social hierarchy determined by wealth alone
Question 2 True / False

Identity economics predicts that increasing financial incentives will always overcome identity-based resistance to behavioral change.

TTrue
FFalse
Question 3 Short Answer

How does identity economics explain occupational segregation by gender beyond the standard discrimination and human capital explanations?

Think about your answer, then reveal below.