Policy Analysis with Incredible Certitude
AbstractAnalyses of public policy regularly express certitude about the consequences of alternative policy choices. Yet policy predictions often are fragile, with conclusions resting on critical unsupported assumptions. Then the certitude of policy analysis is not credible. This paper develops a typology of incredible analytical practices and gives illustrative cases. I call these practices conventional certitudes, dueling certitudes, conflating science and advocacy, and wishful extrapolation. I contrast these practices with my vision for credible policy analysis.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 121 (2011)
Issue (Month): 554 (08)
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Other versions of this item:
- Charles Manski, 2011. "Policy analysis with incredible certitude," CeMMAP working papers CWP04/11, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Charles F. Manski, 2010. "Policy Analysis with Incredible Certitude," NBER Working Papers 16207, National Bureau of Economic Research, Inc.
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
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- Whittington, Dale & Jeuland, Marc & Barker, Kate & Yuen, Yvonne, 2012. "Setting Priorities, Targeting Subsidies among Water, Sanitation, and Preventive Health Interventions in Developing Countries," World Development, Elsevier, vol. 40(8), pages 1546-1568.
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