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"But are you willing to disturb the policy equilibrium to release that asset and make money?" THE road to possible lottery privatization began with just that — a road.
But instead of maintaining this policy equilibrium by balancing a tighter fiscal policy with an easier monetary stance, Mr Greenspan doubled the Fed's rate to 6% within a year, undermining the incipient cyclical recovery and providing Newt Gingrich's bomb-throwers with the ammunition to take over Congress.
Policy innovation means abandoning traditional thinking patterns and breaking the existing policy equilibrium, which can bring political risks and opposition from stakeholders (Roberts and Bradley 1991).
The bottom layer finds, for a given C&T policy, equilibrium bidding strategies of the competing generators while maximizing social welfare via a DC optimal power flow (DC-OPF) model.
It remains to be seen whether the agenda setting effects of disruptions in the policy equilibrium, such as the recent economic crisis, can be sustained to further benefit workers' health and well-being.
Catalytic events (e.g. economic crisis) provoke disruptions in the policy equilibrium and can lead policy makers and politicians to pay greater attention to the problems highlighted by these events and can trigger convergence between problems, policies and politics [ 15, 16].
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This finding increases our confidence in equilibrium policy evaluations and the evaluation of potential policies that can be conducted within the model but were not conducted within the experiment.
Analytic results for the optimal harvesting policy and bionomic equilibrium were also presented in the analysis.
While VAT is a general equilibrium policy, its impact has been primarily considered in partial equilibrium contexts.
The paper optimizes the total cost of the supply chain network integrating decision-making policy using Stackelberg Nash equilibrium.
We characterize how the primitives describing the preferences of actors and the status quo policy affect the equilibrium degree of legislative flexibility.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com