Affiliation:
1. Department of Economics, University of Zurich (email: )
2. Department of Economics, Stanford University (email: )
3. Department of Economics, University of Cologne (email: )
Abstract
We study experimentally when, why, and how people intervene in others’ choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers benefit. They violate common behavioral welfare criteria by removing impatient options even when all payoffs are delayed. CAs intervene not by removing options they wish they could resist when choosing for themselves (mistakes-projective paternalism), but rather as if they seek to align others’ choices with their own aspirations (ideals-projective paternalism). Laboratory choices predict subjects’ support for actual paternalistic policies. (JEL C92, D12, D15)
Publisher
American Economic Association
Subject
Economics and Econometrics
Cited by
32 articles.
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