The document discusses several narrative theories: - Narrative theory suggests that a narrative links facts and events and the human mind makes interpretations by connecting them. Audiences also have expectations based on codes and conventions. - Levi-Strauss's theory is that all narratives are arranged around the conflict between binary opposites like good vs evil. - Todorov's theory is that narratives follow five stages: equilibrium, disruption, recognition of disruption, attempt to repair disruption, and reinstatement or new equilibrium. - Propp's theory identifies common character types like villain, donor, helper, and hero that frequently appear in narratives.