Showing 1 - 10 of 10
. We further explore potential mechanisms, and the impact of different types of narratives, by analyzing self …-reported classifications of, and employing natural language processing techniques on, participants' narratives. …
Persistent link: https://www.econbiz.de/10014384016
We provide evidence on narratives about the macroeconomy-the stories people tell to explain macroeconomic phenomena …-in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent … experts and document three main findings. First, households' narratives are strongly heterogeneous and coarser than experts …
Persistent link: https://www.econbiz.de/10014307680
Research about narratives' role in economics is scarce, while real word experience and research in other sciences … suggest they matter a lot. This article proposes a view and methodology for quantifying the epidemiology of media narratives … relevant to business cycles in the US, Japan, and Europe. We do so by first constructing quantitative measures of narratives …
Persistent link: https://www.econbiz.de/10011962290
our model, political entrepreneurs discover identity and worldview “memes” (narratives, cues, frames) that shift beliefs …
Persistent link: https://www.econbiz.de/10012797019
, we examine the use of narratives as a persuasive tool in the context of financial advice where advisors may hold … mechanisms that govern narrative persuasion. First, we show that advisors construct self-interested narratives and make them …' beliefs about the future performance of a company. Third, we identify the types of narratives that investors find convincing …
Persistent link: https://www.econbiz.de/10013486094
For most decisions, we rely on information encountered over the course of days, months or years. We consume this information in various forms, including abstract summaries of multiple data points - statistics - and contextualized anecdotes about individual instances - stories. This paper...
Persistent link: https://www.econbiz.de/10013457381
For many decisions, people rely on information received from others by word of mouth. How does the process of verbal transmission distort economic information? In our experiments, participants listen to audio recordings containing economic forecasts and are paid to accurately transmit the...
Persistent link: https://www.econbiz.de/10014463576
Individuals use narratives as rationales or justifications to make their claims more convincing. I provide a general … framework for partial verifiability based on narratives. Narratives give many reasons and arguments. The receiver derives the … sender’s claims. Therefore, the receiver detects misreports with positive probability. Narratives flexibly allow for …
Persistent link: https://www.econbiz.de/10012263427
Immigration is one of the most divisive political issues in many countries today. Competing narratives, circulated via … word-matching methods and sentiment dictionaries. Empirically, culture narratives are more common than economy …-related narratives. Narratives related to work and entrepreneurship are particularly positive, while foreign religion and welfare …
Persistent link: https://www.econbiz.de/10013418879
Understanding behavioral aspects of collective decision-making is an important challenge for eco-nomics, and narratives …-Role Narrative Framework as a tool to systematically analyze narratives, and applies it to study US climate change policy on Twitter … corpora using supervised machine learning. In our application to US climate change policy narratives, we find strong changes …
Persistent link: https://www.econbiz.de/10014280165