Identity Economics: Multidisciplinary Insights into Decision-Making Behavior (Routledge Studies in Gender and Economics)

Critics contend that identity economics overemphasizes social identities as drivers of economic activity, potentially obscuring other elements including personal preferences, incentives, and market pressures.Identity-related notions are challenging to measure and quantify meaningfully and rigorously, which is one of the most common criticisms.Identity economics has long been debated by economic scientists and practitioners, but it is still considered to be in its infancy, which also draws attention to the absence of a clear consensus and solid empirical support.This book fills that gap by providing an in-depth analysis of the main claims made in favour of identity economics. It explores the reliability of identity-based explanations, the difficulties with measurement and quantification, concerns about overgeneralization and essentialism, the function of economic institutions, policy implications, a lack of agreement and empirical evidence, and considerations of intersectionality and mu