A powerful critique of nudge theory and the paternalist policies of behavioral economics, and an argument for a more inclusive form of rationality.
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Mario J. Rizzo is a professor of Economics, Director of the Foundations of the Market Economy Program, and Co-Director of the Classical Liberal Institute at New York University. He is the co-author of Austrian Economics Re-Examined: The Economics of Time and Ignorance (2014). He has published in such journals as Journal of Legal Studies, the Columbia Law Review and the UCLA Law Review.
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Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book carefully dissects the claims of nudge theory and other forms of paternalism based on behavioral economics. The authors reveal how paternalist normative standards are unjustified and why paternalist policymaking is unlikely to produce desirable re. Bestandsnummer des Verkäufers 309086011
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Hardback. Zustand: New. 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. Bestandsnummer des Verkäufers LU-9781107016941
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Hardcover. Zustand: new. Hardcover. 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. This book carefully dissects the claims of nudge theory and other forms of paternalism based on behavioral economics. The authors reveal how paternalist normative standards are unjustified and why paternalist policymaking is unlikely to produce desirable results, arguing instead for a more inclusive theory of rationality in economic policymaking. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Bestandsnummer des Verkäufers 9781107016941
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