Richard Thaler and Cass Sunstein use the term “libertarian paternalism” to describe situations designed around nudges, where the approach is libertarian because it preserves choice and paternalistic because it encourages certain behaviors.

Authors

• Person: Not available Organization: University of Chicago
  Behavioral economics, explained - UChicago News

Sources

• Behavioral economics, explained - UChicago News news.uchicago.edu University of Chicago via serper

Referenced by nodes (2)

• nudges concept
• Cass R. Sunstein entity