Paternalism and entrepreneurship

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

[img]
Preview
PDF (Accepted manuscript) - Submitted Version
Available under License Creative Commons Attribution.

Download (572kB) | Preview
[img]
Preview
PDF (RBE_Sugden_2018) - Published Version
Available under License Creative Commons Attribution.

Download (326kB) | Preview

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
Depositing User: LivePure Connector
Date Deposited: 17 Aug 2018 16:30
Last Modified: 17 Oct 2020 23:48
URI: https://ueaeprints.uea.ac.uk/id/eprint/68086
DOI: 10.1561/105.00000089

Actions (login required)

View Item View Item