The view that the choices consumers face should be limited for their own good is known as ________.
A)Keynesian theory
B)institutionalist theory
C)rational adaptations
D)libertarian paternalism

Question

Quizplus · Accepted Answer

The view that the choices consumers face should be limited for their own good is known as libertarian paternalism. This approach does not restrict individual freedom but rather presents choices in a way that nudges the individual towards making better decisions. It is also known as "nudge theory."

The View That the Choices Consumers Face Should Be Limited