Rachel E. Kranton

James B. Duke Professor of Economics

Rachel Kranton studies how institutions and the social setting affect economic outcomes.  She develops theories of networks and has introduced identity into economic thinking.  Her research contributes to many fields including microeconomics, economic development, and industrial organization.

Rachel Kranton is a Fellow of the Econometric Society and was awarded a Chaire Blaise Pascal.  She is currently serving on the Executive Committee of the American Economic Association. She earned her Ph.D. in Economics at the University California, Berkeley in 1993.  She has held fellowships at the Russell Sage Foundation in New York and the Institute for Advanced Study in Princeton.  She joined Duke’s faculty in 2007.

See her curriculum vitae for a full list of publications, grants, and activities.

Book Reviews

"[A]n important new book. . . . Professor Akerlof and Rachel Kranton have invented Identity Economics."--Daniel Finkelstein, The Times

"[A] lucid look at how social considerations carry economic consequences. . . . The authors use the word 'identity' as shorthand for the way people divide themselves into social groups, each of which--like high-school Jocks and Burnouts--has a sense of how to behave."--James Pressley, Bloomberg News

"George Akerlof and Rachel Kranton's Identity Economics opens a new front in [the] transformation of economics..."-- Robert Sugden, Science

"Economists Eye Identity" by Evan Goldstein, Chronicle of Higher Education

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