Paternalism and entrepreneurship

Sugden, Robert (2018) Paternalism and entrepreneurship. Review of Behavioral Economics, 5 (3-4). pp. 243-259. ISSN 2326-6198

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Abstract

I explore the area of economic life at the border between paternalism and entrepreneurship, with reference to dual-self Planner/ Doer models used in behavioural economics. Using a concept of a ‘continuing person’ as the composition of her Doer selves at all points in time, I argue that competitive markets provide individuals with every opportunity for feasible voluntary exchanges that they collectively want to use. The mechanism that achieves this result is entrepreneurship. Entrepreneurs do not respond to the preferences that people hold as Planners; they try to anticipate the future preferences of Doers.

Item Type:	Article
Uncontrolled Keywords:	paternalism,entrepreneurship,libertarian paternalism,opportunity,mutual advantage,economics, econometrics and finance(all) ,/dk/atira/pure/subjectarea/asjc/2000
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Centres > Centre for Competition Policy Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Groups > Behavioural Economics
Depositing User:	LivePure Connector
Date Deposited:	17 Aug 2018 16:30
Last Modified:	24 May 2023 03:25
URI:	https://ueaeprints.uea.ac.uk/id/eprint/68086
DOI:	10.1561/105.00000089

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