Potterian economics

Daniel Levy (Department of Economics, Bar-Ilan University, Ramat Gan, Israel, Department of Economics, Emory University, Atlanta, GA, USA, Rimini Center for Economic Analysis, Rimini, Italy), Avichai Snir (Department of Banking and Finance, Netanya Academic College, Netanya, Israel)

Recent studies in psychology and neuroscience find that fictional works exert strong influence on readers and shape their opinions and worldviews. We study the Potterian economy, which we compare to economic models, to assess how Harry Potter books affect economic literacy. We find that some principles of Potterian economics are consistent with economists' models. Many others, however, are distorted and contain numerous inaccuracies, which contradict professional economists' views and insights, and contribute to the general public's biases, ignorance, and lack of understanding of economics.

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Year of publication:	[January 2017] ; Last revision: January 20, 2017
Authors:	Levy, Daniel C. ; Snir, Avichai
Publisher:	[Ramat-Gan, Israel] : [Bar Ilan University, Department of Economics]
Subject:	Economic and Financial Literacy \| Political Economy \| Public Choice \| Rent Seeking \| Folk Economics \| Harry Potter \| Social Organization of Economic Activity \| Literature \| Fiction \| Potterian Economy \| Potterian Economics \| Popular Opinion \| Neue politische Ökonomie \| Public choice \| Rent-Seeking \| Rent seeking \| Wirtschaftswissenschaft \| Economics

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Extent:	1 Online-Ressource (circa 79 Seiten)
Series:	Department working papers / Bar-Ilan University, Department of Economics. - Ramat-Gan : [Verlag nicht ermittelbar], ZDB-ID 2480956-1. - Vol. 2017, 03
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/173747 [Handle]
Classification:	A13 - Relation of Economics to Social Values ; A14 - Sociology of Economics ; D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; H00 - Public Economics. General ; H11 - Structure, Scope, and Performance of Government ; I20 - Education. General ; P16 - Political Economy ; P48 - Legal Institutions; Property Rights ; P51 - Comparative Analysis of Economic Systems ; Z11 - Economics of the Arts and Literature ; Z13 - Social Norms and Social Capital
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011590696