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Example of libertarian paternalism

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Reference no: EM133064269

Michael Bloomberg, the mayor of New York City, sought to implement a controversial ban of "super size" sodas in NYC (but did not succeed). The ban would have made it illegal for restaurants or concession stands to sell sugar-sweetened beverages in sizes larger than 16 ounces. (Of course, any person could still buy multiple 16 ounce servings.)

(a) To argue that this ban will make people better off, by their own standards, one needs to argue that (at least some) people are making a mistake when they order a drink larger than 16 ounces. Explain how projection bias might be the cause of this mistake (there are other possible causes, you don't need to discuss).

(b) In your opinion, does this ban qualify as an example of libertarian paternalism? Why or Why not?

Reference no: EM133064269

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