Libertarian Paternalism is the voluntary giving up of control to an organ (e.g. government) in order to setup choice architecture so that risk (temptation) of making bad choices is reduced. Thus relinquished powers are not forfeited, merely delegated and can be recovered at will.
Sources
- Rationality, chapter 2, Steven Pinker
- Wikipedia: Libertarian paternalism
Related
- Odyssean Self-Control
- Default Effect
