Public Policy

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Author:
MistaSteele
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88357
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Public Policy
Updated:
2011-05-29 23:06:06
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Public Policy
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Ch 1
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  1. The exercise of power in society or in specific decisions over public policy; used to refer to the processes through which public policies are formulated and adopted, especially the role played by elected officials, organized interest groups, and political parties. It can also be thought of as how conflicts in society are expressed and resolved in favor of one set of interests or social values over another.
    Politics
  2. What public officials within government, and by extension the citizens they represent, choose to do or not do about public problems. This can include passing laws or approving regulations, spending money, or providing tax breaks, among other things.
    Public Policy
  3. A type of market failure that occurs when willing buyers and sellers do not possess all of the information needed to enter into a transaction or exchange.
    Information Faliure
  4. A type of market failure whereby a good is defined by its ability to be jointly consumed, and exclusion is feasible. An example is cable television services.
    Toll Goods
  5. Resources that are shared by a society and available to all to consume, such as oceans, lakes, rivers, and public lands. Also represents a type of market failure in which a good is defined by its ability not to be jointly consumed and for which exclusion is not feasible.
    Common Pool Resources
  6. An analytical criterion that refers to the consideration of what constitutes a fair or equitable policy choice; how a program’s costs and benefits are distributed among citizens, or a way to think about who is allowed to participate in policy-making processes.
    Equity
  7. A calculation of the likely acceptability to policymakers of proposed policy ideas or alternatives. Refers to whether elected officials are likely to support the idea. This is assumed to reflect a broader social acceptability of the same ideas or alternatives.
    Political Feasibility
  8. Widely held values, beliefs, and attitudes, such as trust and confidence in government and the political process.
    Political Culture
  9. Analytical criterion that refers to whether a current policy or program or one that is being considered is likely to work--or the likelihood that the policy’s goals will be achieved.
    Effectiveness
  10. An interest group theory that suggests that a single individual would be irrational to join an interest group when almost no personal gain would follow.
    Logic of Collective Action
  11. Analytical criterion that refers to what a policy or policy proposal costs in relation to its expected benefits to society; or a desire to realize the greatest possible benefit out of the dollars that the government spends.
    Efficiency
  12. Term used when the private market is not efficient; some argue that such a failure provides a justification for government intervention.
    Market Failure
  13. A type of market failure that occurs when two parties interact in a market and a third party is harmed as a result, and does not get compensated.
    Negative Externality
  14. A type of market failure that occurs the same way as a negative externality, but the third party gains something from the two-party interaction and does not have to pay for it.
    Positive Externality
  15. A type of market failure in which a good, such as police protection, is defined by its ability to be jointly consumed and for which exclusion is not feasible.
    Pure Public Goods
  16. The effects that policy outputs, such as the passing of a law, have on society.
    Policy Outcomes
  17. The general good of all people in a community, state, or nation. Also refers to goods, such as national defense, that could in principle be private but instead are provided by government because private markets cannot do so. Also called a public good.
    Collective Good
  18. The formal actions that governments take to pursue their goals.
    Policy Outputs
  19. The exercise of power in society or in specific decisions over public policy; used to refer to the processes through which public policies are formulated and adopted, especially the role played by elected officials, organized interest groups, and political parties. It can also be thought of as how conflicts in society are expressed and resolved in favor of one set of interests or social values over another.
    Politics
  20. What public officials within government, and by extension the citizens they represent, choose to do or not do about public problems. This can include passing laws or approving regulations, spending money, or providing tax breaks, among other things.
    Public Policy
  21. A type of market failure that occurs when willing buyers and sellers do not possess all of the information needed to enter into a transaction or exchange.
    Information Failure
  22. A type of market failure whereby a good is defined by its ability to be jointly consumed, and exclusion is feasible. An example is cable television services.
    Toll Goods

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