Choice architecture autonomy. The choice architecture term was originally coined by Richard Thaler and Cass Sunstein in their 2008 book "Nudge: Improving Decisions about Health, Wealth, and Happiness". Thaler and Sunstein have endorsed thoughtful design of choice architecture as a means to improve consumer decision-making by minimizing biases and errors that arise as the result of bounded rationality. This approach is an example of "libertarian paternalism", a philosophy endorsed by Thaler and Sunstein that aims to "nudge" individuals toward choices that are in their best interest without limiting choice. Libertarian paternalism may also be described as soft paternalism. Behavioral scientists have grouped
Daniel B. Klein by Cass Sunstein and Richard Thaler, as oxymoronic. He argued against what he perceived as an overly loose and weak definition of libertarianism on the grounds that Thaler and Sunstein made no meaningful distinction between liberty and coercion. In failing to define the concepts of liberty and coercion as fundamentally dissimilar processes. Libertarian paternalism uses a hyperrational behavior model of human nature as a definition for libertarianism, and neglects alternative definitions such as those advanced by Adam Smith and F.A. Hayek. Daniel B. Klein Daniel Bruce Klein (born January 16, 1962) is an American professor of economics at George Mason