Arbeitspapier

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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 5747

Classification
Wirtschaft
Relation of Economics to Other Disciplines
Relation of Economics to Social Values
Sociology of Economics
Microeconomic Policy: Formulation, Implementation, and Evaluation
Production and Organizations: General
Organizational Behavior; Transaction Costs; Property Rights
Distribution: General
Externalities
Social Choice; Clubs; Committees; Associations
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Conflict; Conflict Resolution; Alliances; Revolutions
Institutions and the Macroeconomy
Subject
narrative
motivation
attention
prediction
identity
social assignment

Event
Geistige Schöpfung
(who)
Akerlof, George A.
Snower, Dennis
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2016

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Akerlof, George A.
  • Snower, Dennis
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2016

Other Objects (12)