Collective Self Control
Collective Self Control
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集体自我控制
DOI:
10.1257/mic.20150325
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发表时间:
2015
期刊:
影响因子:
--
通讯作者:
Leeat Yariv
中科院分区:
文献类型:
--
作者:
A. Lizzeri;Leeat Yariv
Behavioral economics presents a "paternalistic" rationale for a benevolent government's intervention. We consider an economy where the only "distortion" is agents' time-inconsistency. We study the desirability of various forms of collective action, ones pertaining to costly commitment and ones pertaining to the timing of consumption, when government decisions respond to voters' preferences via the political process. Three messages emerge. First, welfare is highest under either full centralization or laissez-faire. Second, introducing collective action only on consumption decisions yields no commitment. Last, individuals' relative preferences for commitment may reverse depending on whether future consumption decisions are centralized or not.