How Are Criteria Used to Evaluate Public Policy? Discuss the Criteria

question 33

Essay

How are criteria used to evaluate public policy? Discuss the criteria that policy analysts use to evaluate an existing or proposed policy and the focus of each criterion.

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Definitions:

Liquidated Damage

An amount of money, agreed upon by parties in a contract, to be paid as compensation by one party to the other in the event of a breach of contract.

Approximation

The process of finding a value that is close enough to the right answer, usually within an acceptable margin of error.

Avoid a Contract

To legally cancel or nullify a contract, effectively acting as though the contract never existed.

Delaying

The act of postponing or putting off actions, decisions, or events to a later time.