Search results
1 day ago · The Economics of Identity. Who we think we are affects how we learn, what kind of work we do, and even the shoes we wear. ‘Identity may be the most important economic decision people make.”. I read those words, written by Nobel Prize-winning economist George Akerlof and his collaborator Rachel Kranton, while sitting uncomfortably on the ...
2 days ago · I read those words, written by Nobel Prize-winning economist George Akerlof and his collaborator Rachel Kranton, while sitting uncomfortably on the floor in the stacks at the Regenstein Library at ...
4 days ago · The work on "intrinsic motivation by Uri Gneezy and Aldo Rustichini and "identity" by George Akerlof and Rachel Kranton assumes that agents derive utility from adopting personal and social norms in addition to conditional expected utility.
2 days ago · George Smoot ’66 PhD ’71: 2006: Physics: Robert Aumann SM ’52: 2005: Economic Sciences: Robert Horvitz ’68: 2002: Physiology or Medicine George Akerlof PhD ’66: 2001: Economic Sciences: Kofi Annan SM ’72: 2001: Peace: Eric Cornell PhD ’90: 2001: Physics: Leland Hartwell PhD ’64: 2001: Physiology or Medicine Joseph Stiglitz PhD ...
Oct 10, 2024 · Daniel Kahneman, Amos Tversky, George Akerlof, Vernon Smith, and Reinhard Selten as well as Richard Thaler. The fact that it is mathematically impossible, for example, to represent psychological relationships or irrational behavior in market participants, should not be a valid argument against a theory that describes a system consisting of exactly such difficult-to-quantify factors.
Sep 11, 2024 · The lemons problem was first put forward in a research paper, The Market for 'Lemons': Quality Uncertainty and the Market Mechanism, written in the late 1960s by George A. Akerlof, an...
4 days ago · In 2001, Joseph Stiglitz, along with George A. Akerlof and A. Michael Spence, received the prestigious Nobel Memorial Prize in Economic Sciences, which the Sveriges Riksbank created in 1968, decades after the original prizes were created.
