Updated in a new 5th edition, this book lays a strong conceptual foundation to understanding the rationales of and limitations to public policy. It gives practical advice about how to do policy analysis while demonstrating the application of advanced analytical techniques through case study examples
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An introduction to the practices of public policy -- and an examination of the conceptual foundation of their rationales.
This introduction to both the hows and whys of the practices of public policy provides reality-based practical advice about how to actually conduct policy analysis and demonstrates the application of advanced analytic techniques. Covers such topics as Efficiency and the Idealized Competitive Model; Rationales for Public Policy (Market Failures, Other Limitations of the Competitive Framework, and Distributional and Other Goals); Limits to Public Intervention: Government Failures; Correcting Market and Government Failures: Generic Policies; How to Confront Policy Problems; Goals/Alternatives Matrices: Some Examples from CBO Studies; Benefit-Cost Analysis; Thinking Strategically About Adoption and Implementation; Benefit- Cost Analysis in Bureaucratic Settings: The Strategic Petroleum Reserve; When Statistics Count: Revising the Lead Standard for Gasoline. For anyone involved in Policy Analysis, Public Policy, Public Finance, Cost-Benefit Analysis.
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