PPL 101 Lecture 6: PPL Week 6 Notes
Document Summary
How do policymakers use evaluative criteria to assess alternatives. Standards on which you will make decisions. Policy decisions are complicated: criteria focuses on what is important, criteria organizes your thoughts. For given decisions: determine which criteria are most important and rank alternatives based upon criteria. Step beyond effectiveness; relative to cost: highly valued in u. s. Fairness of distribution, bene ts and distribution and risks across population. @ end of day, hard to achieve. should be thought of and tried for, but remembered to be dif cult to achieved. Estimate all nancial bene ts (revenues and savings: for every dollar invested, we saved . Same as cost bene t, but doesn"t monetize bene t. Identify, estimate, and evaluate physical risks: risk management, risk judgement. Forcasting: projections of what might happen if we chose alternatives. Say the problem is : concise sentence. Use link in syllabus and teach yourself. Thursday, january 5, 2017: tutorial, tutorial, tutorial.