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"Given the value of policy at stake, firms and other interest groups should give more".
"The discrepancy between the value of policy and the amounts contributed strains basic economic intuitions," Mr. Ansolabehere and his colleagues wrote.
Presently, simulation and optimisation models are commonly applied for assessing the value of policy choice.
There is widespread recognition of the value of policy being informed by evidence [ 25, 26, 41], and " rigorous research findings are seen as useful and necessary inputs for policymakers in their ongoing consideration of policy development" [ 26].
Similar(54)
The value of policies reinsured through all affiliates, including captives, rose to $5.46 trillion in 2012, from $2.82 trillion in 2007.
Life insurers can cut the value of policies cancelled in their first year by up to 20%; smaller reductions can be applied to later cancellations.
Even as the company surrendered most of the cash value of policies to the Third Reich, it always kept a tidy "cancelation fee" of 25% from pension insurance and 5% from life insurance accounts, according to the German government.
One measure of this effect, known as the social cost of carbon, is used to help estimate the value of policies that restrict emissions.
The social cost of carbon allows policymakers to weigh the value of policies aimed at curbing climate change — the estimate was used, for instance, to justify the Clean Power Plan as cost-effective — but if there's a lower cost-benefit for solutions to climate change, policymakers are less likely to see the value in those policies.
In brief: one recognized the need for a better coordination of environmental and public health policies, acknowledged the added value of policy-oriented, interdisciplinary research (teams), and the valuable contribution of social and communication scientists.
In any event, we must stop the implementation of ineffective interventions that waste human and financial resources and raise questions about the value of policies and programs that do not demonstrate results.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com