Regulation As Delegation, Cass R. Sunstein, Oren Bar-Gill, February 25, 2015, Paper. "In diverse areas – from retirement savings, to fuel economy, to prescription drugs, to consumer credit, to food and beverage consumption – government makes personal decisions for us or helps us make what it sees as better decisions. In other words, government serves as our agent. Understood in light of Principal-Agent Theory (PAT) and Behavioral Principal-Agent Theory (BPAT), a great deal of modern regulation can be helpfully evaluated as a hypothetical delegation. Regulation as Delegation offers a new perspective on familiar objections to apparently paternalistic acts on government’s part, and suggests important distinctions..." Link