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The paper provides a critical appraisal of the normative program of behavioral economics known as new paternalism. Part II of the paper discusses main empirical and conceptual drawbacks of this approach and provides arguments for the alternative non-welfarist normative tradition based on the...
Persistent link: https://www.econbiz.de/10010860814
The paper aims at tracing the connections between the ideas of Keynes, Knight and Mises on uncertainty and probability. It also studies the links between their economic ideas, ethical presuppositions, and practical implications they drew from their respective theories. Both similarities and...
Persistent link: https://www.econbiz.de/10010860815
The paper provides a critical appraisal of the normative program of behavioral economics known as new paternalism. Part I of the paper explores its theoretical foundations, describes major behavioral anomalies associated with bounded rationality of economic agents, discusses normative principles...
Persistent link: https://www.econbiz.de/10010860857
А new approach to policy-making in the field of economic reforms in modernizing countries (on the sample of SME promotion) is the subject of this article. Based on summarizing the ten-year experience of de-bureaucratization policy implementation to reduce the administrative pressure on SME, the...
Persistent link: https://www.econbiz.de/10011007682