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Posted: March 3rd, 2022
Prescribing Public Policies (5 page paper)
(Observe: Seek advice from determine 5.2 for standards 1-Three.) connected
1. Decide the next earlier than deciding a public coverage prescription: (a) maximize effectiveness as a minimum price; (b) maximize effectiveness at a hard and fast price of $10,000; (c) obtain a fixed-effectiveness degree of 6,000 models of service at a hard and fast price of $20,000; (d) maximize web advantages, assuming that every unit of service has a market value of $10; (e) maximize the ration of advantages to prices, assuming that every unit of service has a market value of $10.
2. Decide which of the 2 important packages (Program I and Program II) needs to be chosen beneath every of those standards. Justify your place.
Three. Describe the situations beneath which every criterion could also be an sufficient measure of the achievement of targets.
(Observe: Seek advice from the Case .1 for standards Four-9.) connected
Four. Decide the assumptions that govern estimates of the worth of time misplaced driving, indicating which assumptions (if any) are extra tenable than others. Justify your place.
5. Decide one of the simplest ways to estimate the worth of time. Justify your place.
6. Decide one of the simplest ways to estimate the price of a gallon of gasoline. Justify your place.
7. Decide the extra dependable technique to estimate driving speeds and miles per gallon through the use of (a) official statistics on freeway visitors from the Environmental Safety Company or through the use of (b) engineering research of the effectivity of gasoline engines by the Division of Power. Focus on any penalties of utilizing one supply somewhat than one other. Justify your place.
eight. Estimate the worth of a life saved. Justify your place.
9. Decide which coverage is preferable, (a) the 55-mph pace restrict or (b) the 65-mph restrict. Justify your place.
(Embrace not less than two (2) peer-reviewed references (not more than 5 [5] years outdated) from materials exterior the textbook to help your views.)
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