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The purpose of this paper is to explain the main social and economic facts concerning obesity in a way that substantially improves upon existing economic theory. In contrast to existing theory, a number of recent health science writers have explained persuasively that weight gain or loss is not...
Persistent link: https://www.econbiz.de/10008662876
Recently, evidence from behavioural research has given rise to new arguments against anti-paternalism. This anti-anti-paternalism argues that certain kinds of paternalism - interventions in people's choices that improve their own good - are indeed permissible even when people's liberty is an...
Persistent link: https://www.econbiz.de/10003923358
Normative reasoning in welfare economics and social contract theory usually presumes invariable, context-independent individual preferences. Following recent work particularly in behavioral economics this assumption is difficult to defend. This paper therefore explores what can be said about...
Persistent link: https://www.econbiz.de/10008658349
Robert Sugden has recently elaborated upon the case for a normative standard of freedom as "opportunity" that is supposed to cope with the problem of how to realign normative economics - with its traditional rational choice orientation - with behavioral economics. His standard, though,...
Persistent link: https://www.econbiz.de/10009530730
To assess whether and when the equation "economic growth = better life" holds, it is necessary to understand what human motivations drive the economic growth process. The preference subjectivism of canonical welfare economics is of little help here as it treats the motivations underlying...
Persistent link: https://www.econbiz.de/10009702552
This working paper is a lightly edited version of two chapters of a book that I am currently writing. This book will present and defend a form of normative economics that conserves the main insights of the liberal tradition of classical and neoclassical economics but does not depend on strong...
Persistent link: https://www.econbiz.de/10009409665
Behavioral economics has shown that individuals sometimes make decisions that are not in their best interest. This insight has prompted calls for behaviorally-informed policy interventions popularized under the notion of "libertarian paternalism". This type of soft paternalism aims at helping...
Persistent link: https://www.econbiz.de/10010200092
An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
Persistent link: https://www.econbiz.de/10008758980