While paternalism is about bias, it need not be about irrational bias. In a 2003 Journal of Public Economics paper, I modeled product bans and warnings directed at completely-rational consumers, and chosen by a better-informed completely-rational regulator who only cares about economic welfare.

## Rational Agent Paternalism

## Rational Agent Paternalism

## Rational Agent Paternalism

While paternalism is about bias, it need not be about irrational bias. In a 2003 Journal of Public Economics paper, I modeled product bans and warnings directed at completely-rational consumers, and chosen by a better-informed completely-rational regulator who only cares about economic welfare.

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