The Four Pillars of Behavioral Paternalism

Mario J. Rizzo
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Mario J. Rizzo: New York University

A chapter in Nudge Theory in Action, 2016, pp 37-63 from Palgrave Macmillan

Abstract: Abstract The development of new paternalism has added a whole new dimension to the increasing power and reach of the state. It creates the impression that areas of behavior which were previously in the domain of private individual behavior can be brought under the domain of state concerns with only minimal restrictions on liberty and autonomy. But this is an illusion. When serious analysis is applied to the problems of new paternalism, especially its epistemic problems, it is easy to see that the dynamic of paternalist arguments leads to the expansion of control of individual behavior.

Keywords: Discount Rate; Discount Factor; Behavioral Economist; True Preference; Standard Economic (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:paichp:978-3-319-31319-1_3

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DOI: 10.1007/978-3-319-31319-1_3

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