Book/Printed Material Paternalism and psychology

Title

• Paternalism and psychology

Summary

• "Does bounded rationality make paternalism more attractive? This Essay argues that errors will be larger when suppliers have stronger incentives or lower costs of persuasion and when consumers have weaker incentives to learn the truth. These comparative statics suggest that bounded rationality will often increase the costs of government decisionmaking relative to private decisionmaking, because consumers have better incentives to overcome errors than government decisionmakers, consumers have stronger incentives to choose well when they are purchasing than when they are voting and it is more costly to change the beliefs of millions of consumers than a handful of bureaucrats. As such, recognizing the limits of human cognition may strengthen the case for limited government"--National Bureau of Economic Research web site.

Names

• Glaeser, Edward L. (Edward Ludwig), 1967-
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

• -  Economics--Psychological aspects
• -  Paternalism

Notes

• -  Title from PDF file as viewed on 12/13/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005705250
• http://papers.nber.org/papers/w11789 External

Library of Congress Control Number

• 2005705250

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005705250

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record