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Citation
Binder M & Lades L (2014) Autonomy-enhancing paternalism. Stirling Economics Discussion Paper, 2014-09. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2436928
Abstract
We present a form of soft paternalism called "autonomy-enhancing paternalism" that seeks to in-crease individual well-being by facilitating the individual ability to make critically reflected, au-tonomous decisions. The focus of autonomy-enhancing paternalism is on helping individuals to become better decision-makers, rather than on helping them by making better decisions for them. Autonomy-enhancing paternalism acknowledges that behavioral interventions can change the strength of decision-making anomalies over time, and favors those interventions that improve, ra-ther than reduce, individuals' ability to make good and unbiased decisions. By this it prevents ma-nipulation of the individual by the soft paternalist, accounts for the heterogeneity of individuals, and counteracts slippery slope arguments by decreasing the probability of future paternalistic inter-ventions. Moreover, autonomy-enhancing paternalism can be defended based on both liberal val-ues and welfare considerations.
Keywords
libertarian paternalism; behavioral economics; autonomy; preference learning; welfare economics
Title of series | Stirling Economics Discussion Paper |
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Number in series | 2014-09 |
Publication date online | 30/09/2014 |
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Professor in Economics, Economics