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Using a framework that distinguishes short-term consumer preferences, individual reflective preferences and political preferences, we discuss from a constitutional economics perspective whether individuals find it in their common constitutional interest to endow representatives and bureaucrats...
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policy objectives. The types of “nudge” interventions that governments are now adopting alter people's decisions without … resorting to coercion or significant changes to economic incentives. We calculate ratios of impact to cost for nudge … interventions and for traditional policy tools, such as tax incentives and other financial inducements, and we find that nudge …
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