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Policy And Choice

Author: William J. Congdon
Publisher: Brookings Institution Press
ISBN: 9780815705017
Size: 80.16 MB
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Traditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question. In Policy and Choice economists William Congdon, Jeffrey Kling, and Sendhil Mullainathan argue that public finance not only can incorporate many lessons of behavioral economics but also can serve as a solid foundation from which to apply insights from psychology to questions of economic policy. The authors revisit the core questions of public finance, armed with a richer perspective on human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance by interpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses both traditional policy levers, such as taxes and subsidies, and more psychologically informed instruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic.

Policy And Choice

Author: William J. Congdon
Publisher: Brookings Institution Press
ISBN: 0815704984
Size: 67.87 MB
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Argues that public finance--the study of the government's role in economics--should incorporate principles from behavior economics and other branches of psychology.

Policy And Choice

Author: William J. Congdon
Publisher: Brookings Inst Press
ISBN: 9780815722588
Size: 19.91 MB
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Traditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question. In Policy and Choice economists William Congdon, Jeffrey Kling, and Sendhil Mullainathan argue that public finance not only can incorporate many lessons of behavioral economics but also can serve as a solid foundation from which to apply insights from psychology to questions of economic policy. The authors revisit the core questions of public finance, armed with a richer perspectiveon human behavior. They do not merely apply findings from psychology to specific economic problems; instead, they explore how psychological factors actually reshape core concepts in public finance such as moral hazard, deadweight loss, and incentives. Part one sets the stage for integrating behavioral economics into public finance byinterpreting the evidence from psychology and developing a framework for applying it to questions in public finance. In part two, the authors apply that framework to specific topics in public finance, including social insurance, externalities and public goods, income support and redistribution, and taxation. In doing so, the authors build a unified analytical approach that encompasses bothtraditional policy levers, such as taxes and subsidies, and more psychologically informedinstruments. The net result of this innovative approach is a fully behavioral public finance, an integration of psychology and the economics of the public sector that is explicit, systematic, rigorous, and realistic.

Ambiguity And Choice In Public Policy

Author: Nikolaos Zahariadis
Publisher: Georgetown University Press
ISBN: 9781589012363
Size: 51.22 MB
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Zahariadis offers a theory that explains policymaking when "ambiguity" is present—a state in which there are many ways, often irreconcilable, of thinking about an issue. Expanding and extending John Kingdon's influential "multiple streams" model that explains agenda setting, Zahariadis argues that manipulation, the bending of ideas, process, and beliefs to get what you want out of the policy process, is the key to understanding the dynamics of policymaking in conditions of ambiguity. He takes one of the major theories of public policy to the next step in three different ways: he extends it to a different form of government (parliamentary democracies, where Kingdon looked only at what he called the United States's presidential "organized anarchy" form of government); he examines the entire policy formation process, not just agenda setting; and he applies it to foreign as well as domestic policy. This book combines theory with cases to illuminate policymaking in a variety of modern democracies. The cases cover economic policymaking in Britain, France, and Germany, foreign policymaking in Greece, all compared to the U.S. (where the model was first developed), and an innovative computer simulation of the policy process.

Ambiguity And Choice In Public Policy

Author: Nikolaos Zahariadis
Publisher: Georgetown University Press
ISBN: 9781589012363
Size: 35.67 MB
Format: PDF, Kindle
View: 3442
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Zahariadis offers a theory that explains policymaking when "ambiguity" is present—a state in which there are many ways, often irreconcilable, of thinking about an issue. Expanding and extending John Kingdon's influential "multiple streams" model that explains agenda setting, Zahariadis argues that manipulation, the bending of ideas, process, and beliefs to get what you want out of the policy process, is the key to understanding the dynamics of policymaking in conditions of ambiguity. He takes one of the major theories of public policy to the next step in three different ways: he extends it to a different form of government (parliamentary democracies, where Kingdon looked only at what he called the United States's presidential "organized anarchy" form of government); he examines the entire policy formation process, not just agenda setting; and he applies it to foreign as well as domestic policy. This book combines theory with cases to illuminate policymaking in a variety of modern democracies. The cases cover economic policymaking in Britain, France, and Germany, foreign policymaking in Greece, all compared to the U.S. (where the model was first developed), and an innovative computer simulation of the policy process.

Health Policy

Author: David Reisman
Publisher: Edward Elgar Publishing
ISBN: 1785365215
Size: 47.76 MB
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This lucid and comprehensive book explores the ways in which the State, the market and the citizen can collaborate to satisfy people’s health care needs. It argues that health care is not a commodity like any other. It asks if its unique properties mean that there is a role for social regulation and political management. Apples and oranges can be left to the buyers and the sellers. Health care may require an input from the consensus, the experts, the insurers, the politicians and the bureaucrats as well. David Reisman makes a fresh contribution to the debate. He argues that the three policy issues that are of primary importance are choice, equality and cost. He explores the balance between the patient, the practitioner and public opinion; the disparities in outcome indicators and access to medical care; and the escalation in prices and quantities at the expense of other areas of social life. Reisman concludes that, despite its significance for the individual and the nation, there is no single definition of health or health care. The maximand is a mix. Yet decisions have to be made. This thought-provoking and insightful book will be of use to students and scholars of public policy, social policy and health economics. It will also be of interest to medical practitioners who want to situate hard choices about health and illness in a broad multidisciplinary context.

Expert Advice For Policy Choice

Author: Duncan MacRae Jr.
Publisher: Georgetown University Press
ISBN: 9781589013179
Size: 61.27 MB
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Economic reasoning has thus far dominated the field of public policy analysis. This new introduction to the field posits that policy analysis should have both a broader interdisciplinary base—including criteria from such fields as political science, sociology, law, and philosophy, as well as economics—and also a broader audience in order to foster democratic debate. To achieve these goals, MacRae and Whittington have organized their textbook around the construction of decision matrices using multiple criteria, exploring the uses of the decision matrix formulation more fully than other texts. They describe how to set up the matrix, fill in cells and combine criteria, and use it as an aid for decision making. They show how ethical assessment of the affects that alternatives have on various parties differs from political analysis, and then they extend the use of the decision matrix to consider alternatives by affected parties, periods of time, or combined factors. The authors also thoughtfully address the role of expert advice in the policy process, widening the scope of the field to describe a complex system for the creation and use of knowledge in a democracy. An extended case study of HIV/AIDS policy follows each chapter (in installments), immediately illustrating the application of the material. The book also contains a glossary. Expert Advice for Policy Choice provides a new basis for graduate education in public policy analysis and can also serve as a text in planning, evaluation research, or public administration. In addition, it will be of interest to students and professionals wishing to aid policy choice who work in such fields as sociology, political science, psychology, public health, and social work.

Privatizing Educational Choice

Author: Clive R Belfield
Publisher: Routledge
ISBN: 1317253442
Size: 33.98 MB
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Controversies over the merits of public and private education have never been more prominent than today. This book evaluates public and private schooling, especially in regard to choices families must make for their children.While choice among publics schools is widely advocated today by families and states, public support for private education - including vouchers, tax credits, charter schools, and private contracting - is politically controversial. The authors accessibly describe what research shows as to the effects - for communities and children - of these approaches. They move beyond school choice to show how other factors - most notably the family - have a strong effect on a child's educational success. The book helps educators and parents better understand the rapidly changing educational environment and the important choices they make in educating the nation's children.

Ironic Freedom

Author: J. Baer
Publisher: Springer
ISBN: 113703100X
Size: 13.78 MB
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Ironic Freedom asserts that freedom from governmental interference may make people vulnerable to other sources of coercion; these affects vary by gender, race, and class. Increasing negative freedoms may reinforce existing asymmetrical power relationships within society.

Getting Choice Right

Author: Julian R. Betts
Publisher: Brookings Institution Press
ISBN: 9780815797975
Size: 38.94 MB
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This second volume from the National Working Commission on Choice in K-12 Education examines the connections between school choice and the goals of equity and efficiency in education. The contributors—distinguished university professors, high school administrators, and scholars from research institutions around the country—assess the efficiency of the educational system, analyzing efforts to boost average achievement. Their discussion of equity focuses on the reduction of racial and religious segregation in education, as well as measures to ensure that "no child is left behind." The result is an authoritative and balanced look at how to maximize benefits while minimizing risks in the implementation of school choice. The National Working Commission on Choice in K-12 Education was established to explore how choice works and to examine how communities interested in the potential benefits of new school options could obtain them while avoiding choice's potential harms. In addition to the editors, commissioners include Paul T. Hill and Dan Goldhaber (University of Washington), David Ferrero (Bill and Melinda Gates Foundation), Brian P. Gill and Laura Hamilton (Rand), Jeffrey R. Henig (Teachers College, Columbia University), Frederick M. Hess (American Enterprise Institute), Stephen Macedo (Princeton University), Lawrence Rosenstock (High Tech High, San Diego), Charles Venegoni (Civitas Schools in Chicago), Janet Weiss (University of Michigan), and Patrick J. Wolf (Georgetown University).