ACCTG 1 Lecture Notes - Lecture 11: Policy Analysis, Policy, Bounded Rationality
Document Summary
What is policy analysis and how does it work? policy triangle - model of a policy cycle -other theories. A policy is a deliberate system of: decisions or rules, steering dependent principles to guide decisions and achieve actions rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol (wikipedia. Policy ): goals or solutions to problems, private and public. Broad statement of goals, objectives and means that create the framework for activity. Often take the form of explicit written documents but may also be implicit or unwritten. Anderson (1975) says policy is a purposive course of action followed by an actor or set of actors dealing with a problem or matter of concern". Policy, in our understanding at least, refers to a course of (in-)action, selected from among available alternatives to achieve a certain outcome.
