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

Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy

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

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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.

Mario J Rizzo: Books - Amazon.com
Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy (Cambridge Studies in Economics, Choice, and Society). by Mario J Rizzo. Escaping Paternalism by Rizzo, Mario J. (ebook) - eBooks.com
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Escaping Paternalism : Rationality, Behavioral Economics, and Public Policy · Description · Product details · Other books in this series · Table of contents · Review Contents - Escaping Paternalism - Cambridge University Press
Escaping Paternalism. Rationality, Behavioral Economics, and Public Policy. Chapter. Chapter. AddThis Sharing Buttons. Share to Facebook Share to Twitter Escaping Paternalism Book Club: Rizzo and Whitman
Escaping Paternalism Book Club: Rizzo and Whitman Response, Part 3 There are mountains of evidence for inclusive rationality. It takes the form of behavioral economic research revealing tendencies that or all of which may have a claim to objective – are what is important in any policy evaluation. Escaping Paternalism, Rationality, Behavioral Economics, and
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Overall, behavioral paternalism underestimates the capacity of people to solve their own problems, while Escaping Paternalism: Rationality, Behavioral Economics - Amazon
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