Related papers: Narratives in economics
This study empirically tests the $\textit{Narrative Economics}$ hypothesis, which posits that narratives (ideas that are spread virally and affect public beliefs) can influence economic fluctuations. We introduce two curated datasets…
Social scientists have become increasingly interested in how narratives -- the stories in fiction, politics, and life -- shape beliefs, behavior, and government policies. This paper provides an unsupervised method to quantify latent…
Human communication is often executed in the form of a narrative, an account of connected events composed of characters, actions, and settings. A coherent narrative structure is therefore a requisite for a well-formulated narrative -- be it…
Standard economic theory uses mathematics as its main means of understanding, and this brings clarity of reasoning and logical power. But there is a drawback: algebraic mathematics restricts economic modeling to what can be expressed only…
We formalize the argument that political disagreements can be traced to a "clash of narratives". Drawing on the "Bayesian Networks" literature, we model a narrative as a causal model that maps actions into consequences, weaving a selection…
We present an equilibrium model of politics in which political platforms compete over public opinion. A platform consists of a policy, a coalition of social groups with diverse intrinsic attitudes to policies, and a narrative. We…
Economic behavior is shaped not only by quantitative information but also by the narratives through which such information is communicated and interpreted (Shiller, 2017). I show that narratives extracted from earnings calls significantly…
We model the communication of narratives as a cheap-talk game under model uncertainty. The sender has private information about the true data generating process of publicly observable data. The receiver is uncertain about how to interpret…
Narrative is a foundation of human cognition and decision making. Because narratives play a crucial role in societal discourses and spread of misinformation and because of the pervasive use of social media, the narrative dynamics on social…
We study how government-led narratives through mass media evolve from construct, a mechanism for framing expectations, into commitment, a sustainable pillar for growth. We propose the "Narratives-Construct-Commitment (NCC)" framework…
There is increasing evidence that human activity in general, and narrative in particular, can be treated as a dynamical system in the physics sense; a system whose evolution is described by an action integral, such that the average of all…
Automatic narration of events and entities is the need of the hour, especially when live reporting is critical and volume of information to be narrated is huge. This paper discusses the challenges in this context, along with the algorithms…
Narratives can be powerful tools for inspiring action on pressing societal issues such as climate change. While social science theories offer frameworks for understanding the narratives that arise within collective movements, these are…
Networks have become the de facto diagram of the Big Data age (try searching Google Images for [big data AND visualisation] and see). The concept of networks has become central to many fields of human inquiry and is said to revolutionise…
Accuracy of economic theories and efficiency of economic policy strictly depend on the choice of the economic variables and processes mostly liable for description of economic reality. That states the general problem of assessment of any…
The major objective of this work is to study and report the existing ontology-driven models for narrative information. The paper aims to analyze these models across various domains. The goal of this work is to bring the relevant literature,…
Narratives are fundamental to our understanding of the world, providing us with a natural structure for knowledge representation over time. Computational narrative extraction is a subfield of artificial intelligence that makes heavy use of…
The exponential growth of data has outpaced human ability to process information, necessitating innovative approaches for effective human-data interaction. To transform raw data into meaningful insights, storytelling, and visualization have…
Narrative visualization transforms data into engaging stories, making complex information accessible to a broad audience. Foundation models, with their advanced capabilities such as natural language processing, content generation, and…
Personal narratives are stories authors construct to make meaning of their experiences. Style, the distinctive way authors use language to express themselves, is fundamental to how these narratives convey subjective experiences. Yet there…