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Narrative analysis in economics as climbing complexity

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  • Vitaly L. Tambovtsev

Abstract

Two turns in economics during last decades are analyzed — complexity turn, and information turn, and the narrative analysis role for these turns realization is discussed. Basic framework of narrative analysis is described, and it is shown that its efficacy is limited by groups of individuals which have resources that give them possibilities to treat the narrative’s plot as a feasible alternative in decision-making situation. It is grounded that now agent-based models are the effective instrument for theoretical and empirical research under turns to complexity or information alike.

Suggested Citation

  • Vitaly L. Tambovtsev, 2020. "Narrative analysis in economics as climbing complexity," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 4.
    • Handle: RePEc:nos:voprec:y:2020:id:2821
    DOI: 10.32609/0042-8736-2020-4-5-30
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    Cited by:

    1. I. P. Glazyrina & L. M. Faleychik & A. A. Faleychik, 2021. "Institutional Policy and the Role of Foreign Direct Investment in the Far East of Russia," Regional Research of Russia, Springer, vol. 11(4), pages 625-637, October.

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