Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy by Mario J. Rizzo, Glen Whitman
- Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy
- Mario J. Rizzo, Glen Whitman
- Page: 483
- Format: pdf, ePub, mobi, fb2
- ISBN: 9781108760003
- Publisher: Cambridge University Press
Free books download epub Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy
The burgeoning field of behavioral economics has produced a new set of justifications for paternalism. This book challenges behavioral paternalism on multiple levels, from the abstract and conceptual to the pragmatic and applied. Behavioral paternalism relies on a needlessly restrictive definition of rational behavior. It neglects nonstandard preferences, experimentation, and self-discovery. It relies on behavioral research that is often incomplete and unreliable. It demands a level of knowledge from policymakers that they cannot reasonably obtain. It assumes a political process largely immune to the effects of ignorance, irrationality, and the influence of special interests and moralists. Overall, behavioral paternalism underestimates the capacity of people to solve their own problems, while overestimating the ability of experts and policymakers to design beneficial interventions. The authors argue instead for a more inclusive theory of rationality in economic policymaking.
Glen Whitman's research works - ResearchGate
Glen Whitman's 11 research works with 2 citations and 161 reads, including: Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy.
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Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. that behavioral economics, rationality, and paternalism have on public policy
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The burgeoning field of behavioral economics has produced a new set of Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy.
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Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy His central interests are in the interfaces between philosophy and economics, law
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Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy (Cambridge Studies in Economics, Choice, and Society). by Mario J Rizzo.
Escaping Paternalism : Mario J. Rizzo (author
Behavioral paternalism relies on a needlessly restrictive definition of rational Escaping Paternalism Rationality, Behavioral Economics, and Public Policy
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