While research on subjective well-being abounds, comparatively little thought has been given to its practical policy implications. Two approaches to derive policy advice have emerged in the literature: One is organized in terms of the idea to maximize a hedonic social welfare function, the other...

Der sogenannte Libertäre Paternalismus, der in den letzten Jahren mit dem Politikinstrument des Nudging hervorgetreten ist, weist in seinen konzeptionellen Grundlagen eine Reihe problematischer Eigenschaften auf. Insbesondere dient der Homo oeconomicus als normatives Rollenmodell, der...

While research on subjective well-being abounds, comparatively little thought has been given to its practical policy implications. Two approaches to derive policy advice have emerged in the literature: One is organized in terms of the idea to maximize a hedonic social welfare function, the other...

Der sogenannte Libertäre Paternalismus, der in den letzten Jahren mit dem Politikinstrument des Nudging hervorgetreten ist, weist in seinen konzeptionellen Grundlagen eine Reihe problematischer Eigenschaften auf. Insbesondere dient der Homo oeconomicus als normatives Rollenmodell, der...

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 popu-larized under the notion of "libertarian paternalism". This type of soft paternalism aims at helping...