Abstract

http://ssrn.com/abstract=917383
 
 

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Paternalism and Psychology


Edward L. Glaeser


Harvard University - John F. Kennedy School of Government, Department of Economics; Brookings Institution; National Bureau of Economic Research (NBER)


Regulation, Vol. 29, No. 2, pp. 32-38, Summer 2006

Abstract:     
An increasingly large body of evidence on bounded rationality has led many scholars to question economics' traditional hostility towards paternalism. But if individuals' ability to make rational decisions is limited, wouldn't some paternal overseer's ability also be limited - both because the overseers would be individuals and because they would be appointed by individuals? That flaw plagues both "hard" and "soft" paternalism; that is, paternalism that either mandates compliance or that allows individual "choice" at some cost.

Number of Pages in PDF File: 8

Keywords: edward l. glaeser, economics, paternalism, economic paternalism, hard paternalism, soft paternalism, psychology, supply of error, manipulation, tax bans, public monitoring

JEL Classification: B25, B41, C91, C92, C93, D78, H59,

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Date posted: July 20, 2006  

Suggested Citation

Glaeser, Edward L., Paternalism and Psychology. Regulation, Vol. 29, No. 2, pp. 32-38, Summer 2006 . Available at SSRN: http://ssrn.com/abstract=917383

Contact Information

Edward L. Glaeser (Contact Author)
Harvard University - John F. Kennedy School of Government, Department of Economics ( email )
Littauer Center
Room 315A
Cambridge, MA 02138
United States
617-496-2150 (Phone)
617-496-1722 (Fax)
Brookings Institution
1775 Massachusetts Ave. NW
Washington, DC 20036-2188
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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