Bread and bullets

Akerlof, G. A. and Snower, Dennis (2016) Bread and bullets Journal of Economic Behavior & Organization, 126 . pp. 58-71. DOI http://dx.doi.org/10.1016/j.jebo.2015.10.021.

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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. (C) 2015 The Authors. Published by Elsevier B.V.

Document Type: Article
Additional Information: Times Cited: 0 Akerlof, George A. Snower, Dennis J. Si B
Research affiliation: OceanRep > The Future Ocean - Cluster of Excellence
Kiel University > Other > Kiel Institute for the World Economy
Refereed: Yes
DOI etc.: http://dx.doi.org/10.1016/j.jebo.2015.10.021
ISSN: 0167-2681
Date Deposited: 24 Feb 2017 14:14
Last Modified: 24 Feb 2017 14:14
URI: http://eprints.uni-kiel.de/id/eprint/35994

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