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Bread and Bullets

  • Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities; defining power relations; and establishing and conveying social norms. This paper describes the role narratives play in decision making, as it also juxtaposes this description against the backdrop of the Bolshevik-spawned narrative that played a critical role in the history of Russia and the Soviet Union in the 20th Century.

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Metadaten
Document Type:Article
Language:English
Author(s):Dennis Snower, George A. Akerlof
Parent Title (English):Elsevier Journal of Economic Behavior & Organization
Publication year:2016
Publishing Institution:Hertie School
First Page:58
Last Page:71
DOI:https://doi.org/10.1016/j.jebo.2015.10.021
Release Date:2019/09/11
Tag:Narrative Motivation Attention Prediction Identity Social assignment
Volume:126
Issue:June 2016
Licence of document (German):Metadaten / metadata
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