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A Policy-Making Approach (Commonly Used by the Federal Government) Defined

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A policy-making approach (commonly used by the federal government) defined as a series of small policy actions that lead to modest and relatively slow policymaking.


Definitions:

Certainty Effect

A cognitive bias where people give greater weight to outcomes that are certain, compared to outcomes that are only probable.

Reactance

An inspired response to propositions, individuals, guidelines, or policies that challenge or remove certain freedoms of behavior.

Risk Aversion

In decision making, the greater weight given to possible losses than possible gains.

Temporal Discounting

The tendency to value immediate rewards more highly than future rewards, leading to impulsive decisions.

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