Alex MacMillan

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In the world of puppet rationality, there is little room for people to learn about themselves, to discover their own weaknesses and foibles, or to find ways to shape and correct their own behavior. Why not? Because the work has already been done, instantaneously and costlessly, by assumption. Their preferences are fully formed and comprehensive, evaluating and ranking all objects of choice in the present and future in all possible states of the world. Their beliefs about all matters, significant and trivial, are complete, unambiguous, and fully consistent with one another. Real people, on the ...more
Escaping Paternalism: Rationality, Behavioral Economics, and Public Policy (Cambridge Studies in Economics, Choice, and Society)
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