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Current Position

James B. Duke Professor of Economics, Department of Economics, Duke University.

Education

Ph.D., Department of Economics, University of California, Berkeley, 1993.

M.P.A., Economics & Public Affairs, Woodrow Wilson School, Princeton University, 1988.

B.A., Economics, Middle East Studies, University of Pennsylvania, 1984. 

Previous Positions

Professor, Department of Economics, University of Maryland, 2004 -2008.

Associate Professor, Department of Economics, University of Maryland, 2001-2004.

Visiting Associate Professor, Department of Economics, Princeton University, 2002-2003

Member, School of Social Science, Institute for Advanced Study, 2001-2002.

Russell Sage Foundation Visiting Scholar, New York, NY, 1997-1998.

Assistant Professor, Department of Economics, University of Maryland, 1994-2001.

Lecturer, Department of Economics, University of Maryland,1993-1994.

Consultant, The World Bank, Infrastructure and Transport Division, 1988-1991.

Assistant to Program Officer, U.S.A.I.D., Cairo, Egypt, Summer 1987.

Project Officer, Catholic Relief Services, Cairo, Egypt, 1985-86. 

Papers and Publications

"Rumors and Social Networks," Francis Bloch, Gabrielle Demange, and Rachel Kranton, March 2014.

"Hasty Generalizations: traits do not always predict behavior," Lasana Harris, Elizabeth Thompson, Victoria Lee, and Rachel Kranton, October 2013.

"Identity, Groups, and Social Preferences," Rachel Kranton, Matthew Pease, Seth Sanders, and Scott Huettel, October 2013. NEW version.  Online Appendix.

"Identity and the Economics of Organization," George Akerlof and Rachel Kranton, The European Financial Review, October-November 2013, pp. 49-52.

"Strategic Interaction and Networks," Yann Bramoullé, Rachel Kranton, and Martin D’Amours,  May 2013. FINAL VERSION. With Applications. Forthcoming American Economic Review.

"Striving for Status," Nicole Immorlica, Rachel Kranton, and Greg Stoddard,  April 2012.

"Identity Economics and the Brain: Uncovering Mechanisms of Social Conflct," Scott Huettel and Rachel Kranton, PTRS Biological Sciences 5(367), March 2012, pp. 680-91.

"Strategic Interaction and Networks," Yann Bramoullé, Rachel Kranton, and Martin D’Amours, January 2011.  Working paper version with technical details and results.

Identity Economics: how our identities affect our work, wages, and well-being, George Akerlof and Rachel Kranton. Princeton University Press, 2010. 

"Contracts, Hold-Up and Exports: Textiles and Opium in Colonial India," Rachel Kranton and Anand Swamy. American Economic Review 98 (3), June 2008, pp. 967-89.

"Identity, Supervision, and Work Groups,"  George Akerlof and Rachel Kranton, American Economic Review Papers and Proceedings 98 (2), May 2008, pp. 212-17.

"Risk Sharing Across Communities," Yann Bramoullé and Rachel Kranton, American Economic Review Papers and Proceedings 97 (2), May 2007, pp. 70-74.

"Public Goods in Networks," Yann Bramoullé and Rachel Kranton, Journal of Economic Theory, 135(1), July 2007, pp.478-494

"Risk Sharing Networks," Yann Bramoullé and Rachel Kranton, Journal of Economic Behavior and Organization, 64(3-4), November-December 2007, pp. 275-294.

“The Formation of Industrial Supply Networks,” Rachel Kranton and Deborah Minehart, in James Rauch (ed.), The Missing Links: the formation and decay of networks, New York: Russell Sage Foundation Press, 2007

“Social Divisions within Schools: how school policies can affect students’ identities and educational choices,” George Akerlof and Rachel Kranton, in Christopher Barrett (ed.), The Social Economics of Poverty: On Identities, Groups, Communities, and Networks, London: Routledge, 2005, pp. 188-213.

"Identity and the Economics of Organizations," George Akerlof and Rachel Kranton, Journal of Economic Perspectives, 19 (1), Winter 2005, pp. 9-32.

“A Model Of Poverty and Oppositional Culture,” George Akerlof and Rachel Kranton, in Kaushik Basu, Pulin Nayak, and Ranjan Ray (eds.), Markets and Governments (Oxford: Oxford University Press, 2003).

"Competition and the Incentive to Produce High Quality,"  Rachel Kranton, Economica 70 (279) August 2003, pp. 385-404.

"Identity and Schooling: Some Lessons for the Economics of Education," George Akerlof and Rachel Kranton, Journal of Economic Literature, 40 (4), December 2002, pp. 1167-1201.

"A Theory of Buyer-Seller Networks," Rachel Kranton and Deborah Minehart, American Economic Review 91 (3), June 2001, pp. 485-508.

"Competition for Goods in Buyer-Seller Networks," Rachel Kranton and Deborah Minehart, Review of Economic Design, 5 (3), September 2000, pp. 301-331.

"Economics and Identity," George Akerlof and Rachel Kranton, Quarterly Journal of Economics CVX (3), August 2000, pp. 715-753.

"Networks versus Vertical Integration," Rachel Kranton and Deborah Minehart, RAND Journal of Economics, 31 (3), Autumn 2000, pp. 570-601.

"The Hazards of Piecemeal Reform: British Civil Courts and the Credit Markets in Colonial India," Rachel Kranton and Anand Swamy, Journal of Development Economics, 58 (1), February 1999, pp. 1-24.

"Reciprocal Exchange: A Self-Sustaining System," Rachel Kranton, American Economic Review, 86 (4), September 1996, pp. 830-851.

"The Formation of Cooperative Relationships," Rachel Kranton, Journal of Law, Economics, & Organization,12 (1), April 1996, pp. 214-233. 

Grants, Fellowships, Honors

Fellow of the Econometric Society.

Chaire Blaise Pascal, 2010-2012

National Science Foundation Research Grant, "Networks, Public Goods, and Social Interactions: at the edge of analytics and complexity." 2011-2014.

Canadian Institute for Advanced Research (CIFAR) Program Fellow, "Social Interactions, Identity, and Well-Being," 2011-2015. 

National Science Foundation Research Grant, “Innovation in Social Networks,” 2010-2011.

Duke University, Social Science Research Institute, “From Brain to Society (and Back), convener, 2009-2010.

Canadian Institute for Advanced Research (CIFAR) Program, “Social Interactions, Identity, and Well-Being,” 2006-2010.

National Science Foundation Research Grant, “Topics in the Economic Theory of Networks,” 2003-2006.

Institute for Advanced Study, School of Social Science, Member, Princeton, NJ, 2001-2002.

National Science Foundation Research Grant, “Buyer-Seller Networks,” 1998- 2000.

Russell Sage Foundation Scholar, New York, NY, 1997-98.

Graduate Research Board Award, University of Maryland, Summer 1997.

Alfred P. Sloan Doctoral Dissertation Fellowship, 1992-93.

Foreign Language & Area Studies Fellowship, Moroccan Arabic, 1989-91.

Woodrow Wilson Fellowship, Princeton University, 1986-1988.

Center for Arabic Studies Abroad Fellowship (CASA), Cairo, Egypt, 1984-85.

B.A. Magna Cum Laude, University of Pennsylvania, 1984. 

Professional Service

Associate Editor, Journal of Economic Literature, 2013-

SAFE (Geothe University, Frankfurt) Research Advisory Council, 2013-

Leader, Identity and Personality Network, Human Capital and Economic Opportunity Working Group, University of Chicago, 2012 -

Associate Editor, Journal of Economic Perspectives, 2007-2010.

Editorial Board, American Economic Review, 2001-2007.

Program Committee, American Economic Association Annual Meetings 2008.

Local Arrangements Committee, North American Summer Meetings Econometric Society 2001.

Referee for: American Economic Review, Economic Journal, International Economic Review, International Journal of Industrial Organization, Journal of Development Economics, Journal of Economic Behavior and Organization, Journal of Economic and Management Strategy, Journal of Economic Literature, Journal of Economic Theory, Journal of Economic Dynamics and Control, Journal of the European Economic Association, Journal of Industrial Economics, Journal of Institutional and Theoretical Economics, Journal of Law, Economics, & Organizations, Journal of Political Economy, National Science Foundation, Physical Review Letters, RAND Journal, Rationality and Society, Quarterly Journal of Economics, Review of Economic Studies. 

Languages

Fluent in Arabic and French.


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Contact information

Rachel Kranton
Department of Economics
Duke University, Box 90097
213 Social Sciences Building
Durham, NC 27708-0097
Phone: (919) 660-1896
Fax: (919) 684-8974


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