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Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Mario J. Rizzo, Glen Whitman

Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy


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ISBN: 9781108760003 | 483 pages | 13 Mb
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Free downloads for audiobooks for mp3 players Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy 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 | Cato Institute
in August and September, we were reviewing the final page proofs for our book, Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Escaping Paternalism, Rationality, Behavioral - Booktopia
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the impact that behavioral economics, rationality, and paternalism have on public policy including, nudge paternalism, sin taxes, default rules  Escaping Paternalism - Escaping Paternalism - Cambridge
Escaping Paternalism. Rationality, Behavioral Economics, and Public Policy. Mario J. Rizzo. New York University. Glen Whitman. California State University  Escaping Paternalism: Rationality, Behavioral Economics, and
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Behavioral paternalism relies on a needlessly restrictive definition of rational behavior. It neglects nonstandard Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy. Front Cover · Mario J. Rizzo, Glen 

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