Folktale Narratives and Economic Behavior

Narratives – stories – prevail in social life, however little is known about their relation to economic behavior and outcomes. We shed light on this issue by studying the association between folktales’ motifs and economic behavior across the world. First, we explore possible relations between the...

Descrizione completa

Salvato in:
Dettagli Bibliografici
Pubblicato in:MAGKS - Joint Discussion Paper Series in Economics (Band 09-2020)
Autori principali: Asanov, Igor, Heinisch, Dominik P., Luong, Nhat
Natura: Articolo
Lingua:inglese
Pubblicazione: Philipps-Universität Marburg 2020
Soggetti:
Accesso online:PDF Full Text
Tags: Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
Descrizione
Riassunto:Narratives – stories – prevail in social life, however little is known about their relation to economic behavior and outcomes. We shed light on this issue by studying the association between folktales’ motifs and economic behavior across the world. First, we explore possible relations between the prevalence of narratives and the observed behavior in economic experiments by connecting the Berezkin (2015) collection of narratives with individual choices in experiments performed across the world. Second, we construct a motif distance index that approximates the cultural distance between countries. Third, we provide evidence that motif distance is associated with economic performance.
Descrizione fisica:25 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0636