Introduction: Agency and Control
Cass R. Sunstein ()
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Cass R. Sunstein: Harvard University
Chapter Chapter 1 in Human Agency and Behavioral Economics, 2017, pp 1-16 from Palgrave Macmillan
Abstract:
Abstract For most people, control has some intrinsic value; people care about maintaining it and will pay something to do so. Whenever a private or public institution blocks choices or interferes with agency, some people will rebel, even if exercising control would not result in material benefits or might produce material harms. On the other hand, people sometimes want to relinquish control, because exercising agency is burdensome or costly.
Keywords: Control; Agency; Default rules (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:paichp:978-3-319-55807-3_1
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DOI: 10.1007/978-3-319-55807-3_1
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