Deck 6: Assessing Policy Alternatives

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Question
Which of the following policy analysis criteria deals with whether a policy has a fair process or policy outcome?

A) legitimation
B) equity
C) effectiveness
D) efficiency
Use Space or
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Question
Which government office is in charge of monitoring how other agencies conduct cost-benefit analyses?

A) Office of Management and Budget
B) Office of Cost Efficiency
C) Council of Economic Advisors
D) Council of Environmental Quality
Question
Which term is used in cost-benefit analysis when discussing the present value of future benefits?

A) discount rate
B) indexing
C) opportunity cost
D) sensitivity analysis
Question
Using a ______ allows analysts to determine the value of future benefits today.

A) opportunity costs
B) discount rate
C) contingent valuation methods
D) none of these
Question
Evaluative criteria are ______.

A) the policy alternatives available to policy actors.
B) those that measure the policy actors involved in a policy issue.
C) the important aspects of the policy proposal on which you will make comparisons.
D) arbitrary standards that are the same for all policy issues.
Question
When determining how to respond to rising energy costs, policy makers assessed the likely environmental, health, and safety impacts of energy exploration, development, and use. This is an example of ______.

A) applying risk-assessment approaches to analyze policy options
B) the evaluative criterion of liberty
C) assessing the cost benefit of the policy options
D) assessing the technical feasibility of the options.
Question
Cost/benefit analysis is a useful tool in policy analysis. It can be used to ______.

A) forecast the likely impact of various possible policy alternatives
B) provide information about the scope and nature of a problem
C) analyze the efficiency of various possible policy alternatives
D) judge the effectiveness of an implemented policy
Question
This decision-making tool studies the expected outcomes of a policy proposal while also calculating the expected financial impact.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) forecasting
Question
______ refers to the availability and reliability of technology needed for policy implementation.

A) Technical feasibility
B) Administrative feasibility
C) Financial feasibility
D) Technological efficiency
Question
A difficult and relatively infrequent type of policy analysis that systematically examines conflicts and concerns about policy alternatives from the standpoint of values and rights is referred to as ______.

A) cost-benefit analysis
B) ethical analysis
C) decision analysis
D) risk analysis
Question
This analytical technique uses historical data to make estimates of future numbers.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) projection
Question
This "cousin" of cost-benefit analysis does not attempt to assign dollar values to potential benefits but instead assumes they will occur and looks for the cheapest way to achieve them.

A) cost-effectiveness analysis
B) risk assessment
C) program evaluation
D) impact analysis
Question
Which of the following policy analysis criteria looks at the achievement of goals in relationship to the costs to achieve them?

A) effectiveness
B) equity
C) political feasibility
D) efficiency
Question
Policy analysts can estimate the value of a human life through ______.

A) contingent valuation methods
B) sensitivity analysis
C) risk evaluation
D) impact assessment
Question
The debate over ______, discussed in the beginning of Chapter 6, involved policy proposals that utilized many of the instruments of public policy as well as most of the evaluative criteria.

A) health-care policy
B) education policy
C) welfare policy
D) energy policy
Question
______ refers to the policy analysis method that assesses the potential for harm that might result (to people or to the environment) if potential hazards should occur.

A) Forecasting
B) Cost-benefit analysis
C) Risk analysis
D) Program evaluation
Question
This decision-making tool analyzes the potential harm to people or other negative effects of a proposed policy solution.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) forecasting
Question
Which statement best describes the relationship of policy analysis to the policy process model?

A) The two activities are essentially separate and independent activities.
B) Completion of the policy process model occurs first, and then policy analysis begins.
C) Policy analysis supports the policy process at several points by increasing understanding of problems and possible solutions.
D) While only the government completes all steps of the policy process model, many other interest groups are involved in policy analysis.
Question
______ deals with the likelihood that an agency or department can implement a policy well.

A) Administrative feasibility
B) Efficiency
C) Technical feasibility
D) Effectiveness
Question
______ focuses on analyzing policy results and outcomes.

A) Decision analysis
B) Risk assessment
C) Cost-effectiveness analysis
D) Program evaluation
Question
______ is a close relative of cost-benefit analysis.

A) Risk assessment
B) Opportunity costs
C) Risk evaluation
D) Risk management
Question
The FAA's risk assessment indicated that the new seats would prevent an estimated ______ deaths.

A) 90
B) 100
C) 114
D) 120
Question
In some states, legislators may be more likely to propose laws allowing gay marriage than in other states. Gay marriage is more ______ in the states that pass such laws.

A) equitable
B) technically feasible
C) effective
D) socially acceptable
Question
Equity concerns are central when it comes to ______ policies, since different groups of people pay for and benefit from these policies.

A) redistributive
B) regulatory
C) monetary
D) salient
Question
The evaluative criterion of ______ is concerned with how well the policy has worked and the policy outcomes that occur.
Question
Being stuck in traffic imposes ______ on drivers because they could be doing something more productive with their time.

A) a policy gridlock
B) an opportunity cost
C) a risk assessment
D) an inducement
Question
A local government is interested in planning for certain services for older adults as the baby boom generation ages. The agency develops estimates of the number of older adults who will be living in the area in 2015, 2020, 2025, and 2030. This is an example of ______.

A) impact analysis
B) cost-benefit analysis
C) risk assessment
D) forecasting
Question
In ______, Congress approved the Food Safety Modernization Act to ensure that the U.S. food supply is safe.

A) 2000
B) 2005
C) 2010
D) 2015
Question
Gasoline prices surged in ______.

A) 2009-2010
B) 2010-2011
C) 2011-2012
D) 2012-2013
Question
With the scarcity of government resources in the past several years, the evaluative criterion of _____ has become more and more important.

A) political feasibility
B) efficiency
C) effectiveness
D) social acceptability
Question
Do federally funded abstinence-only programs actually prevent teenage pregnancy? This is a question that relates to the ______ of that policy alternative.

A) effectiveness
B) equity
C) political feasibility
D) efficiency
Question
The U.S. Environmental Protection Agency (EPA) uses _____ to determine the level of chemicals and other pollutants that can be present in water and still be considered safe to drink.

A) contingent valuation methods
B) sensitivity analysis
C) risk evaluation
D) impact assessment
Question
Not every state has laws that require motorcyclists to wear helmets even though they have been shown to reduce the severity of injuries in the event of an accident. States without these laws have weighed the criterion of _____ more strongly than effectiveness.

A) equity
B) efficiency
C) social acceptability
D) liberty/freedom
Question
In which of the following years did the Federal Aviation Administration (FAA) propose a new regulation that would require airlines to build safer seats to reduce the risk of severe injury or death in the event of an accident?

A) 2000
B) 2002
C) 2004
D) 2006
Question
The U.S. Census Bureau estimated a U.S. population of about 396 million in ______.

A) 2020
B) 2030
C) 2040
D) 2050
Question
Many individuals recently urged President Obama to reform health care by setting up a single-payer system like the Canadian system. In developing his health-care reform plan, the president ruled out that option early using the criterion of ______ because it was likely to be "dead on arrival" in Congress.

A) political feasibility
B) technical feasibility
C) effectiveness
D) equitable
Question
______ can be defined as a procedure for producing factual information about future states of society on the basis of prior information about policy problems.

A) Effectiveness
B) Equity
C) Risk management
D) Forecasting
Question
Nearly every policy proposal is concerned with the criterion of ______.

A) effectiveness
B) liberty
C) technical feasibility
D) equity
Question
A college student could be working as a waiter and earning US$20,000 annually. However, he is attending college and forgoing that income. This is an example of the _____ to attend college, a cost that the student hopes will be worth the investment in the long run.

A) discount
B) risk evaluation
C) opportunity cost
D) efficiency
Question
The population of the United States was about ______ million in 2016.

A) 300
B) 315
C) 325
D) 400
Question
______ focuses more on policy results or outcomes than on the process of implementation.
Question
An ______ is the systematic examination of ethical or normative issues in public policy, as problematic.
Question
______ is a determination of the acceptability of the risks or a decision about what level of safety is desired.
Question
The use of ______ can minimize to some extent the weaknesses inherent in cost-benefit analysis.
Question
Compare and contrast cost-effectiveness analysis and cost-benefit analysis.
Question
______ is usually defined as the magnitude of adverse consequences of an event or exposure.
Question
The evaluative criterion of ______ is concerned with how that policy proposal might impinge on individuals' rights and choices.
Question
A(n) ______ is often used in the environmental policy arena to estimate the harm that might be incurred or the chance of a possible effects of a particular policy proposal.
Question
The evaluative criterion of ______ is concerned with the likely outcomes of the policy relative to the cost to implement it.
Question
In a general sense, what are evaluative criteria, and what is their value to policy makers attempting to choose the best policy options?
Question
Job impact studies like this are one kind of ______.
Question
The U.S. federal ______ tax is the lowest among the world's industrialized nations.
Question
______ is a tool used by policy analysts to estimate the frequencies of certain conditions in the future based on historical data.
Question
The evaluative criterion of ______ is concerned with the perceived fairness of the policy-making process or its outcomes.
Question
Which are the three most commonly utilized criteria for evaluating policy proposals? Define each of these three criteria and give an example of a policy proposal (real or fictitious) in which it could be used.
Question
______ describes what governments or other organizations do to deal with risks, such as adopting public policies to regulate them.
Question
The advantage of ______ is that it requires no measurements of the value of intangible benefits such as human lives.
Question
______ is an economic method of policy analysis that studies the investment needed to enact a policy relative to the expected monetary benefits (in terms of savings or revenues it generates).
Question
The term ______ has at least two different meanings in contemporary policy debates.
Question
______, which are essentially questionnaires or interviews with individuals, designed to allow an estimate of the dollar value of the time spent stuck in traffic or the preservation of lakes or forests.
Question
Ethical analysis is most appropriate for what kinds of issues?
Question
Explain what is involved in risk assessment and when this approach is used.
Question
Why might forecasting be used to examine an issue? What are the potential drawbacks of this technique?
Question
Explain the general approach to conducting a cost-benefit analysis.
Question
Discuss the political and institutional approaches to understand proposed policy alternatives.
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Deck 6: Assessing Policy Alternatives
1
Which of the following policy analysis criteria deals with whether a policy has a fair process or policy outcome?

A) legitimation
B) equity
C) effectiveness
D) efficiency
B
2
Which government office is in charge of monitoring how other agencies conduct cost-benefit analyses?

A) Office of Management and Budget
B) Office of Cost Efficiency
C) Council of Economic Advisors
D) Council of Environmental Quality
A
3
Which term is used in cost-benefit analysis when discussing the present value of future benefits?

A) discount rate
B) indexing
C) opportunity cost
D) sensitivity analysis
A
4
Using a ______ allows analysts to determine the value of future benefits today.

A) opportunity costs
B) discount rate
C) contingent valuation methods
D) none of these
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
5
Evaluative criteria are ______.

A) the policy alternatives available to policy actors.
B) those that measure the policy actors involved in a policy issue.
C) the important aspects of the policy proposal on which you will make comparisons.
D) arbitrary standards that are the same for all policy issues.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
6
When determining how to respond to rising energy costs, policy makers assessed the likely environmental, health, and safety impacts of energy exploration, development, and use. This is an example of ______.

A) applying risk-assessment approaches to analyze policy options
B) the evaluative criterion of liberty
C) assessing the cost benefit of the policy options
D) assessing the technical feasibility of the options.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
7
Cost/benefit analysis is a useful tool in policy analysis. It can be used to ______.

A) forecast the likely impact of various possible policy alternatives
B) provide information about the scope and nature of a problem
C) analyze the efficiency of various possible policy alternatives
D) judge the effectiveness of an implemented policy
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
8
This decision-making tool studies the expected outcomes of a policy proposal while also calculating the expected financial impact.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) forecasting
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
9
______ refers to the availability and reliability of technology needed for policy implementation.

A) Technical feasibility
B) Administrative feasibility
C) Financial feasibility
D) Technological efficiency
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
10
A difficult and relatively infrequent type of policy analysis that systematically examines conflicts and concerns about policy alternatives from the standpoint of values and rights is referred to as ______.

A) cost-benefit analysis
B) ethical analysis
C) decision analysis
D) risk analysis
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
11
This analytical technique uses historical data to make estimates of future numbers.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) projection
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
12
This "cousin" of cost-benefit analysis does not attempt to assign dollar values to potential benefits but instead assumes they will occur and looks for the cheapest way to achieve them.

A) cost-effectiveness analysis
B) risk assessment
C) program evaluation
D) impact analysis
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
13
Which of the following policy analysis criteria looks at the achievement of goals in relationship to the costs to achieve them?

A) effectiveness
B) equity
C) political feasibility
D) efficiency
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
14
Policy analysts can estimate the value of a human life through ______.

A) contingent valuation methods
B) sensitivity analysis
C) risk evaluation
D) impact assessment
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
15
The debate over ______, discussed in the beginning of Chapter 6, involved policy proposals that utilized many of the instruments of public policy as well as most of the evaluative criteria.

A) health-care policy
B) education policy
C) welfare policy
D) energy policy
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
16
______ refers to the policy analysis method that assesses the potential for harm that might result (to people or to the environment) if potential hazards should occur.

A) Forecasting
B) Cost-benefit analysis
C) Risk analysis
D) Program evaluation
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
17
This decision-making tool analyzes the potential harm to people or other negative effects of a proposed policy solution.

A) cost-benefit analysis
B) risk assessment
C) implementation analysis
D) forecasting
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
18
Which statement best describes the relationship of policy analysis to the policy process model?

A) The two activities are essentially separate and independent activities.
B) Completion of the policy process model occurs first, and then policy analysis begins.
C) Policy analysis supports the policy process at several points by increasing understanding of problems and possible solutions.
D) While only the government completes all steps of the policy process model, many other interest groups are involved in policy analysis.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
19
______ deals with the likelihood that an agency or department can implement a policy well.

A) Administrative feasibility
B) Efficiency
C) Technical feasibility
D) Effectiveness
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
20
______ focuses on analyzing policy results and outcomes.

A) Decision analysis
B) Risk assessment
C) Cost-effectiveness analysis
D) Program evaluation
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
21
______ is a close relative of cost-benefit analysis.

A) Risk assessment
B) Opportunity costs
C) Risk evaluation
D) Risk management
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
22
The FAA's risk assessment indicated that the new seats would prevent an estimated ______ deaths.

A) 90
B) 100
C) 114
D) 120
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
23
In some states, legislators may be more likely to propose laws allowing gay marriage than in other states. Gay marriage is more ______ in the states that pass such laws.

A) equitable
B) technically feasible
C) effective
D) socially acceptable
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
24
Equity concerns are central when it comes to ______ policies, since different groups of people pay for and benefit from these policies.

A) redistributive
B) regulatory
C) monetary
D) salient
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
25
The evaluative criterion of ______ is concerned with how well the policy has worked and the policy outcomes that occur.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
26
Being stuck in traffic imposes ______ on drivers because they could be doing something more productive with their time.

A) a policy gridlock
B) an opportunity cost
C) a risk assessment
D) an inducement
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
27
A local government is interested in planning for certain services for older adults as the baby boom generation ages. The agency develops estimates of the number of older adults who will be living in the area in 2015, 2020, 2025, and 2030. This is an example of ______.

A) impact analysis
B) cost-benefit analysis
C) risk assessment
D) forecasting
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
28
In ______, Congress approved the Food Safety Modernization Act to ensure that the U.S. food supply is safe.

A) 2000
B) 2005
C) 2010
D) 2015
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
29
Gasoline prices surged in ______.

A) 2009-2010
B) 2010-2011
C) 2011-2012
D) 2012-2013
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
30
With the scarcity of government resources in the past several years, the evaluative criterion of _____ has become more and more important.

A) political feasibility
B) efficiency
C) effectiveness
D) social acceptability
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
31
Do federally funded abstinence-only programs actually prevent teenage pregnancy? This is a question that relates to the ______ of that policy alternative.

A) effectiveness
B) equity
C) political feasibility
D) efficiency
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
32
The U.S. Environmental Protection Agency (EPA) uses _____ to determine the level of chemicals and other pollutants that can be present in water and still be considered safe to drink.

A) contingent valuation methods
B) sensitivity analysis
C) risk evaluation
D) impact assessment
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
33
Not every state has laws that require motorcyclists to wear helmets even though they have been shown to reduce the severity of injuries in the event of an accident. States without these laws have weighed the criterion of _____ more strongly than effectiveness.

A) equity
B) efficiency
C) social acceptability
D) liberty/freedom
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
34
In which of the following years did the Federal Aviation Administration (FAA) propose a new regulation that would require airlines to build safer seats to reduce the risk of severe injury or death in the event of an accident?

A) 2000
B) 2002
C) 2004
D) 2006
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
35
The U.S. Census Bureau estimated a U.S. population of about 396 million in ______.

A) 2020
B) 2030
C) 2040
D) 2050
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
36
Many individuals recently urged President Obama to reform health care by setting up a single-payer system like the Canadian system. In developing his health-care reform plan, the president ruled out that option early using the criterion of ______ because it was likely to be "dead on arrival" in Congress.

A) political feasibility
B) technical feasibility
C) effectiveness
D) equitable
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
37
______ can be defined as a procedure for producing factual information about future states of society on the basis of prior information about policy problems.

A) Effectiveness
B) Equity
C) Risk management
D) Forecasting
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
38
Nearly every policy proposal is concerned with the criterion of ______.

A) effectiveness
B) liberty
C) technical feasibility
D) equity
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
39
A college student could be working as a waiter and earning US$20,000 annually. However, he is attending college and forgoing that income. This is an example of the _____ to attend college, a cost that the student hopes will be worth the investment in the long run.

A) discount
B) risk evaluation
C) opportunity cost
D) efficiency
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
40
The population of the United States was about ______ million in 2016.

A) 300
B) 315
C) 325
D) 400
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
41
______ focuses more on policy results or outcomes than on the process of implementation.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
42
An ______ is the systematic examination of ethical or normative issues in public policy, as problematic.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
43
______ is a determination of the acceptability of the risks or a decision about what level of safety is desired.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
44
The use of ______ can minimize to some extent the weaknesses inherent in cost-benefit analysis.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
45
Compare and contrast cost-effectiveness analysis and cost-benefit analysis.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
46
______ is usually defined as the magnitude of adverse consequences of an event or exposure.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
47
The evaluative criterion of ______ is concerned with how that policy proposal might impinge on individuals' rights and choices.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
48
A(n) ______ is often used in the environmental policy arena to estimate the harm that might be incurred or the chance of a possible effects of a particular policy proposal.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
49
The evaluative criterion of ______ is concerned with the likely outcomes of the policy relative to the cost to implement it.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
50
In a general sense, what are evaluative criteria, and what is their value to policy makers attempting to choose the best policy options?
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
51
Job impact studies like this are one kind of ______.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
52
The U.S. federal ______ tax is the lowest among the world's industrialized nations.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
53
______ is a tool used by policy analysts to estimate the frequencies of certain conditions in the future based on historical data.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
54
The evaluative criterion of ______ is concerned with the perceived fairness of the policy-making process or its outcomes.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
55
Which are the three most commonly utilized criteria for evaluating policy proposals? Define each of these three criteria and give an example of a policy proposal (real or fictitious) in which it could be used.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
56
______ describes what governments or other organizations do to deal with risks, such as adopting public policies to regulate them.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
57
The advantage of ______ is that it requires no measurements of the value of intangible benefits such as human lives.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
58
______ is an economic method of policy analysis that studies the investment needed to enact a policy relative to the expected monetary benefits (in terms of savings or revenues it generates).
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
59
The term ______ has at least two different meanings in contemporary policy debates.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
60
______, which are essentially questionnaires or interviews with individuals, designed to allow an estimate of the dollar value of the time spent stuck in traffic or the preservation of lakes or forests.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
61
Ethical analysis is most appropriate for what kinds of issues?
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
62
Explain what is involved in risk assessment and when this approach is used.
Unlock Deck
Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
63
Why might forecasting be used to examine an issue? What are the potential drawbacks of this technique?
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Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
64
Explain the general approach to conducting a cost-benefit analysis.
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Unlock for access to all 65 flashcards in this deck.
Unlock Deck
k this deck
65
Discuss the political and institutional approaches to understand proposed policy alternatives.
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Unlock for access to all 65 flashcards in this deck.
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k this deck
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