Get Free Shipping on orders over $79
Escaping Paternalism : Rationality, Behavioral Economics, and Public Policy - Mario J. Rizzo

Escaping Paternalism

Rationality, Behavioral Economics, and Public Policy

By: Mario J. Rizzo, Glen Whitman

eText | 5 December 2019

At a Glance

eText


$75.96

or 4 interest-free payments of $18.99 with

 or 

Instant online reading in your Booktopia eTextbook Library *

Why choose an eTextbook?

Instant Access *

Purchase and read your book immediately

Read Aloud

Listen and follow along as Bookshelf reads to you

Study Tools

Built-in study tools like highlights and more

* eTextbooks are not downloadable to your eReader or an app and can be accessed via web browsers only. You must be connected to the internet and have no technical issues with your device or browser that could prevent the eTextbook from operating.
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.
on
Desktop
Tablet
Mobile

You Can Find This eBook In

Other Editions and Formats

Hardcover

Published: 5th December 2019

More in Macroeconomics

A Term at the Fed : An Insider's View - Laurence H. Meyer

eBOOK

RRP $24.99

$20.01

20%
OFF
Money Meltdown - Judy Shelton

eBOOK

$20.99

The Alignment Economy - Christine Marletti

eBOOK

RRP $16.49

$15.99

Endogenous Growth : Theory, Methods and Morphology - Peter Galbács

eBOOK

Macro : The Economic Models That Shape Our World - Greg Kaplan

eBOOK

This product is categorised by