GOV 310L Lecture Notes - Lecture 1: Government Failure, Insider Trading, Policy

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24 Jul 2018
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Public policy is the core thing of what government does (produce policy: policy push forward to encourage / discourage behaviors, the policy cycle 5 stages (problem solving cycle, problem recognition agendas setting: What government official are paying attention to at any given time, what are they focus on, to recognize the issue that we might want government to act. Problem stream: if the(cid:396)e"s a p(cid:396)o(cid:271)le(cid:373), it (cid:396)e(cid:395)ui(cid:396)es go(cid:448)e(cid:396)nment action. Policy stream: when expert examine problems, and provide solutions (think tank) Political stream: (cid:449)he(cid:396)e politi(cid:272)al elite (cid:272)a(cid:373)e i(cid:374) the ga(cid:373)e, (cid:449)he(cid:396)e politi(cid:272)ia(cid:374)s" (cid:396)espo(cid:374)se. All three streams need to be convert for the policy window to open: proposal of solution formulating, choice of solution decision making: what will solve the problem best. Garbage can model: the(cid:396)e"s a lot of (cid:396)a(cid:374)do(cid:373)(cid:374)ess to de(cid:272)isio(cid:374) (cid:373)aki(cid:374)g, u(cid:374)p(cid:396)edi(cid:272)ta(cid:271)le process. (critique present decision making as a random event) Incremental model: policy decision is for short term.

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