Projects per year
Abstract
I explore the area of economic life at the border between paternalism and entrepreneurship, with reference to dual-self Planner/ Doer models used in behavioural economics. Using a concept of a ‘continuing person’ as the composition of her Doer selves at all points in time, I argue that competitive markets provide individuals with every opportunity for feasible voluntary exchanges that they collectively want to use. The mechanism that achieves this result is entrepreneurship. Entrepreneurs do not respond to the preferences that people hold as Planners; they try to anticipate the future preferences of Doers.
| Original language | English |
|---|---|
| Pages (from-to) | 243-259 |
| Number of pages | 17 |
| Journal | Review of Behavioral Economics |
| Volume | 5 |
| Issue number | 3-4 |
| DOIs | |
| Publication status | Published - 31 Dec 2018 |
Keywords
- paternalism
- entrepreneurship
- libertarian paternalism
- opportunity
- mutual advantage
Profiles
-
Robert Sugden
- School of Economics - Professor of Economics
- Centre for Behavioural and Experimental Social Science - Member
- Centre for Competition Policy - Member
- Behavioural Economics - Member
- Economic Theory - Member
Person: Research Group Member, Research Centre Member, Academic, Teaching & Research
Projects
- 2 Finished
-
The Network for Integrated Behavioural Science - The Science of Consumer Behaviour
Starmer, C., Turocy, T., Brown, G., Chater, N., Cubitt, R., Fletcher, A., Gathergood, J., Isoni, A., Lomes, G., Lyons, B., Read, D., Stewart, N. & Sugden, R.
Economic and Social Research Council
1/10/17 → 30/06/22
Project: Research
-
Reconstructing normative economics on a foundation of mutual advantage
Sugden, R., Isoni, A. & Zheng, J.
1/01/16 → 30/06/21
Project: Research
File