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French

ID: <

10670/1.lj40gw

>

Where these data come from
George A. Akerlof et Rachel E. Kranton, Identity Economics. How our Identities Shape our Work, Wages, and Well-Being

Abstract

during his career, George Akerlof — Nobel Prize for Economics in 2001 — continuously sought to amend standard economic theory to bring it closer to the facts. In 1970, with ‘The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism’, it paved the way for the study of information asymmetries; in 2009, he studied with Robert Shiller what we could learn from studies in cognitive psychology — behavioural economics — in the animal minds of entrepreneurs...

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