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Arquitectura de decisiones y paternalismo libertario: hacia una microeconomía empíricamente fundamentada
[Decision architecture and libertarian paternalism: towards an empirically based microeconomics]

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  • Abitbol, Pablo

Abstract

One of the most important debates in the philosophy of economic science refers to the disjunctive between instrumentalism and realism. Nudge, by Richard Thaler and Cass Sunstein, represents a milestone in the development, and possibly the consolidation, of a new realist paradigm - of an empirically-based microeconomics, as the one Herbert Simon demanded - which might displace the instrumentalist paradigm that has predominated over more than a century as the theoretical foundation of political economy. Thaler and Sunstein manage to, firstly, condense a complex characterization of economic agents, based on the empirical findings that cognitive psychology and behavioral economics have been achieving over the last thirty years; and, secondly, they manage to articulate such positive characterization of economic agents to a normative proposal on public policy and institucional design.

Suggested Citation

  • Abitbol, Pablo, 2012. "Arquitectura de decisiones y paternalismo libertario: hacia una microeconomía empíricamente fundamentada
    [Decision architecture and libertarian paternalism: towards an empirically based microeconom
    ," MPRA Paper 44179, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:44179
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    File URL: https://mpra.ub.uni-muenchen.de/44179/1/MPRA_paper_44179.pdf
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    Cited by:

    1. Pablo Abitbol, 2013. "Democracia, cultura y desarrollo," REVISTA ECONOMÍA & REGIÓN, UNIVERSIDAD TECNOLÓGICA DE BOLÍVAR, vol. 7(2), pages 43-64, December.

    More about this item

    Keywords

    Nudge; instrumentalism; realism; cognitive psychology; behavioral economics;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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