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. 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
Uniform health care delivered by a mainstream public insurer - such as the National Health Service (NHS), seldom satisfies heterogeneous demands for care, and some unsatisfied share of the population either use private health care, or purchase private insurance (PHI). One potential mechanism to...
Persistent link: https://www.econbiz.de/10011761622
Individual leaders have been central to the transformation of political institutions, organizations and many instances of social and economic reform. Why are some leaders able to take advantage of opportunities to successfully catalyze large-scale change while others fail? In this paper we argue...
Persistent link: https://www.econbiz.de/10003729928
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
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
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
We argue that storytelling contexts – the way information is communicated through varying credibility sources, visual designs, writing styles, and content delivery – impact the effectiveness of surveys and elections in eliciting preferences formed through critical thinking (reasoned...
Persistent link: https://www.econbiz.de/10015048380
We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity and duration. The optimal policy reflects the rate of time preference, epidemiological factors, the hazard rate of vaccine discovery, learning effects in the health care...
Persistent link: https://www.econbiz.de/10012206448
Taxes levied on production processes (e.g. VAT), are today a very important source of government revenues in developed economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate in perfectly competitive markets. These theories...
Persistent link: https://www.econbiz.de/10011509397