POG 214 Lecture Notes - Lecture 10: Human Behaviour, Bounded Rationality, Choice Architecture
1 May 2016
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5/8-4 marks each: compare; discuss the significance of, etc. A comprehensive, well written answer: 20 marks. Much of the public theory, practice and action is based on some fundamental assumptions about: state authority, the rational policy process/cycle, and rational human behaviour. Public policy assumes some level of behavioural actions or target compliance. Recall laswell"s definition that public policy is about who get what, when and how. Targets of public policy are important and some level of compliance is assumed. Target populations are socially constructed by policy makers. Targets are associated with various policy instruments and evolve along with instruments over time. Targets include individuals, groups, firms, companies, sectors. Requires some level of coercion and enforcement. Government is the regulator, the target is the firm or sector being regulated: regulatory capture is when behaviour modification does not occur because the government agency/agents become captured by the interests/sector they are regulating.
