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Thomas Schelling has been one of the, and in many cases the, pioneer in developing the following ideas: coordination concepts, focal points, convention, commitments (including promises and threats) as strategic tactics, the idea that strategic strength may lie in weaknesses and limitations,...
Persistent link: https://www.econbiz.de/10008484358
It is not fruitful to puzzle over the question whether economists and others ‘favor’ or ‘lean’ toward the regulatory or welfare state; that is an unhelpful and confusing question, one that orients people in the wrong way. It is better to begin by emphasizing that the first should be...
Persistent link: https://www.econbiz.de/10011152478
LIBERTARIAN PATERNALISTS INSIST ON FREEDOM OF CHOICE; they do not want to foreclose options (Sunstein and Thaler 2003). At the same time, they believe that, in many contexts, planners cannot help influencing choosers, even if they aspire to neutrality. If influences are inevitable, shouldn't...
Persistent link: https://www.econbiz.de/10008484308