POLI 357 FINAL FIRST STEP TO SOLVING A PROBLEM IS IDENTIFYING IT CH 15 Policy Design Stakeholder Analysis: The people who will be effected by the policy change. Provide incentive for things people would otherwise not do (IE pay taxes), and pay firms to prevent them from taking an action (endorsing drug use). Law of unintended consequences: failure to anticipate how a stakeholder may react to a policy. (IE ban on nudity in public “except for artistic purposes”) Perverse incentives: opposite intended…
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