Bread and Bullets

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 5747

Classification and Topics

• 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

Contributors, Places and Time

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

Further information

• Handle: http://hdl.handle.net/10419/128449
• Last update: 10.03.2025, 11:43 AM CET