Behavioral economists respond to the critique of paternalism by arguing that all government policies are paternalistic in some sense, noting that traditional economic theory has always provided a rationale for 'merit goods,' which are outcomes society deems to have merit for their own sake.

Authors

• Person: Beatty A, Moffitt R, Buttenheim A Organization: National Academies Press
  Development of Behavioral Economics - NCBI - NIH

Sources

• Development of Behavioral Economics - NCBI - NIH www.ncbi.nlm.nih.gov Beatty A, Moffitt R, Buttenheim A · National Academies Press via serper

Referenced by nodes (1)

• traditional economic theory concept