Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Mario J. Rizzo, Glen Whitman
Escaping-Paternalism.pdf
ISBN: 9781108760003 | 483 pages | 13 Mb
- Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy
- Mario J. Rizzo, Glen Whitman
- Page: 483
- Format: pdf, ePub, fb2, mobi
- ISBN: 9781108760003
- Publisher: Cambridge University Press
Free ebook download in pdf Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy by Mario J. Rizzo, Glen Whitman 9781108760003
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.
Escaping Paternalism: Rationality, Behavioral Economics, and
Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy (Cambridge Studies in Economics, Choice, and Society) Paperback – December 5, 2019. The burgeoning field of behavioral economics has produced a new set of justifications for paternalism.
Escaping Paternalism: Rationality, Behavioral Economics, and
Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Front Cover · Mario J. Rizzo, Glen Whitman. Cambridge University Press, Dec 5,
Escaping Paternalism: Rationality, Behavioral Economics
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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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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.
Preference Biases (Chapter 4) - Escaping Paternalism
Rationality, Behavioral Economics, and Public Policy · Print publication year: 2019 · Online publication date: December 2019
Escaping Paternalism, Rationality, Behavioral Economics, and
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Escaping Paternalism eBook by Mario J. Rizzo
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