Rachel Kranton

Rachel Kranton is the James B. Duke Distinguished Professor of Economics at Duke University, Department of Economics. Her research explores how institutions and social settings influence economic outcomes, with a focus on networks and identity in economic contexts. She has developed theories of networks and introduced identity into economic thinking, contributing to fields such as microeconomics, economic development, and industrial organization. Kranton's work includes the book 'Identity Economics' with George Akerlof, which presents a framework for studying social norms and identity. Her research integrates empirical findings and mathematical tools to analyze how network structures affect economic outcomes. She is also affiliated with the Duke Population Research Center and has received grants from the National Science Foundation and the National Endowment for Financial Education.

Rachel Kranton is the James B. Duke Professor of Economics at Duke University, specializing in Microeconomics, Networks, Identity, and Institutions. Her research explores how identity influences economic behavior, including its impact on work, wages, and well-being. She investigates the role of networks in shaping economic outcomes, such as cooperation, risk-sharing, and the formation of buyer-seller relationships. Kranton also examines institutional structures and their effects on social and economic interactions, including the role of supervision and group dynamics in work environments. Her work bridges theoretical and applied economics, offering insights into how social norms and institutions shape individual and collective decision-making.