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Libertarian paternalism

Index Libertarian paternalism

Libertarian paternalism is the idea that it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice, as well as the implementation of that idea. [1]

19 relations: Austria, Behavioral economics, Cass Sunstein, Choice architecture, Coercion, Default effect, Germany, Libertarianism, List of cognitive biases, New York City, Nudge (book), Paternalism, Procrastination, Richard Thaler, Status quo bias, Tax choice, The New York Times, United States, University of Chicago Law Review.

Austria

Austria (Österreich), officially the Republic of Austria (Republik Österreich), is a federal republic and a landlocked country of over 8.8 million people in Central Europe.

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Behavioral economics

Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

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Cass Sunstein

Cass Robert Sunstein FBA (born September 21, 1954) is an American legal scholar, particularly in the fields of constitutional law, administrative law, environmental law, and law and behavioral economics, who was the Administrator of the White House Office of Information and Regulatory Affairs in the Obama administration from 2009 to 2012.

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Choice architecture

Choice architecture is the design of different ways in which choices can be presented to consumers, and the impact of that presentation on consumer decision-making.

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Coercion

Coercion is the practice of forcing another party to act in an involuntary manner by use of threats or force.

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Default effect

Among the set of options that agents choose from, the default option is the option the chooser will obtain if he or she does nothing.

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Libertarianism

Libertarianism (from libertas, meaning "freedom") is a collection of political philosophies and movements that uphold liberty as a core principle.

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List of cognitive biases

Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, and are often studied in psychology and behavioral economics.

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New York City

The City of New York, often called New York City (NYC) or simply New York, is the most populous city in the United States.

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Nudge (book)

Nudge: Improving Decisions about Health, Wealth, and Happiness is a book written by University of Chicago economist Richard H. Thaler and Harvard Law School Professor Cass R. Sunstein, first published in 2008.

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Paternalism

Paternalism is action limiting a person's or group's liberty or autonomy which is intended to promote their own good.

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Procrastination

Procrastination (from Latin's "procrastinare", that translates in to: the prefix pro-, 'forward', and the suffix -crastinus, 'till next day' from cras, 'tomorrow') is the avoidance of doing a task that needs to be accomplished.

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Richard Thaler

Richard H. Thaler (born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business.

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Status quo bias

Status quo bias is an emotional bias; a preference for the current state of affairs.

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Tax choice

In public choice theory, tax choice (sometimes called taxpayer sovereignty or earmarking) is the belief that individual taxpayers should have direct control over how their taxes are spent.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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University of Chicago Law Review

The University of Chicago Law Review (Maroonbook abbreviation: U Chi L Rev) is a law journal published by the University of Chicago Law School.

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Redirects here:

Asymmetrical paternalism, Liberal paternalism, Soft paternalism.

References

[1] https://en.wikipedia.org/wiki/Libertarian_paternalism

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