Exam 6: From Theories to Application: Policy Choice and Analysis

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Standard criteria for designing and analyzing policy includes all of the following EXCEPT

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C

Which of the following phrases is NOT associated with nonexcludability?

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D

Describe the five propositions of Public Choice Theory.

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The purpose of public decisions is to promote the welfare of society.
The welfare levels of the individual members of society are the building blocks for the welfare of society.
Anything that affects the individual welfares therefore affects the welfare of society. Something that has no effect on individual welfare levels has no impact on the welfare of society.
With rare exceptions, we should accept individuals' own judgments as the appropriate indicators of their own welfare.
We would like to have an unambiguous procedure for aggregating the welfares of different individuals so that we can compare the welfare of society if one policy is followed with its welfare if another policy is followed. [Emphasis added.]

Policy analysis models range from simple to complex and include:

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The fundamental rule is ...

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Which of the following is NOT a public choice axiom?

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Describe the three approaches available when forecasting policy outcomes. What is the distinguishing characteristic that separates these three approaches?

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Which of the following phrases is NOT associated with excludability?

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Public choice is a theory that combines economic theories of free market with __________ and __________

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Which of the following descriptions of the policy process is incorrect? (Chapter 5)

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Which of the following is NOT an output or purpose of policy monitoring?

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Social cost benefit analysis includes all of the following EXCEPT

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Which of the following perspectives is NOT used analyzing policies addressing multi-attribute problems?

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Briefly describe the four possible purposes for monitoring policy outcomes.

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Explain the "Multiattribute Problem".

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