The Choice Architecture of Choice Architecture: Toward a Non-Paternalistic Nudge Policy
The paper seeks to recast the goal of nudge policy from a goal of achieving a specific result determined by government or by behavioral economists to a goal of giving individuals as much power as is practical to decide the choice architecture they face. We call a nudge with such a giving individuals “power over choice mechanisms” goal a non-paternalistic nudge policy. The goal of nonpaternalistic nudge policy is not to achieve a better result as seen by government or by behavioral economists. The goal of non-paternalistic nudge policy is to achieve a better result as seen by the agents being nudged as revealed through their choices of choice architectures. We argue that non-paternalistic nudge policy fits much better with the values inherent in Classical liberalism than does libertarian paternalistic nudge policy.
Volume (Year): 1 (2010)
Issue (Month): 1 ()
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- Beshears, John Leonard & Choi, James J. & Laibson, David I. & Madrian, Brigitte, 2008.
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