%0 Report
        %A Akerlof, George A.
%A Snower, Dennis J.
        %T Bread and Bullets
        %D 2016
        %8 2016 Feb
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 9701
        %U https://www.iza.org/publications/dp9701
        %X 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.
        %K motivation
%K attention
%K prediction
%K identity
%K social assignment
%K narrative