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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.

Produktbeschreibung
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.
Autorenporträt
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.