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Narratives, probabilities, and the currency of thought
Published online by Cambridge University Press: 08 May 2023
Abstract
Whereas most commentators agree about the centrality of narratives in decision-making, the commentaries revealed little consensus about the nature of radical uncertainty. Here we consider thirteen objections to our views, including our characterization of the uncertain decision environment and associated cognitive, affective, and social processes. We conclude that under radical uncertainty, narratives rather than probabilities are the currency of thought.
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Target article
Conviction Narrative Theory: A theory of choice under radical uncertainty
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Author response
Narratives, probabilities, and the currency of thought