People

Rachel Kranton

Professor of Economics

Office Phone: (919) 660-1800
Office Fax: +1 919 684 8974
E-mail Address: rachel.kranton@duke.edu
Location: Dept of Economics, Social Scie
Website: http://www.econ.duke.edu/~rek8
Mailing Address: Dept of Economics, Social Scie BOX_90097 Durham, NC 27708
CV: Curriculum Vitae

Research Summary

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. In Identity Economics, Rachel Kranton and collaborator George Akerlof, introduce a general framework to study social norms and identity in economics. In the economics of networks, Rachel Kranton develops formal models of strategic interaction in different economic settings. Her work draws on empirical findings and integrates new mathematical tools to uncover how network structures influence economic outcomes. Rachel Kranton has a long-standing interest in development economics and institutions. She focuses on the costs and benefits of networks and informal exchange, which is economic activity mediated by social relationships rather than markets.

Publications (More Publications)

Rachel Kranton and Anand Swamy (2008) Contracts, Hold-Up and Exports: Textiles and Opium in Colonial India American Economic Review
Yann Bramoullé and Rachel Kranton (2007) Public Goods in Networks Journal of Economic Theory