Work

Bread and Bullet

Year: 2016

Type: preprint

Abstract: 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.

Source: SSRN Electronic Journal

Authors: Dennis J. Snower, George A. Akerlof

Institutions: Kiel Institute for the World Economy, Christian-Albrechts-Universität zu Kiel, National Bureau of Economic Research, University of California, Berkeley

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2297003949

Cites: 12

Cited by: 1

Related to: 10