Economics of paternalism: the hidden costs of self-commanding strategies
The paper proposes an economic assessment of paternalism by comparing different alternative responses to dynamically inconsistent behaviors consecutive to hyperbolic discounting. Two main types of action are possible, self-commanding strategies and paternalism The first category includes personal ru...
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Format: | article |
Language: | DE EN FR |
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Editura ASE Bucuresti
2015
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Online Access: | https://doaj.org/article/7eb3c26408164b33a64f2ad5c3ddec4c |
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