The document discusses different narrative theories. It explains Todorov's five stages of narrative as equilibrium, disruption, recognition, repair, and restoration. It then describes the common character archetypes in stories according to Vladimir Propp, including the hero, helper, villain, false hero, donor, dispatcher, princess, and princess' father. Finally, it discusses Levi Strauss' concept of binary opposites, where we understand concepts through their opposites, such as hero and villain or good and evil.