ECONOMICS AND IMPACT ASSESSMENT: CETERIS PARIBUS OR MUTATIS MUTANDIS
Economic theory frequently uses ceteris paribus assumptions to hold complicating variables constant to analyze the effect of one variable on another. Policy-makers must consider effects of policies with other things changing as they will (i.e., mutatis mutandis). Impact assessment can recon- cile the often narrow approach of economic analysis and the need for broad consideration of implications. The methods of impact assessment can pro- vide a proper place for economic analysis in policy assessment and help to assure that a broad range of impacts are included to determine the economic effects of events and decisions. Copyright 1988 by The Policy Studies Organization.
Year of publication: |
1988
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Authors: | Mason, Thomas W. |
Published in: |
Review of Policy Research. - Policy Studies Organization - IPSO, ISSN 1541-1338. - Vol. 8.1988, 1, p. 165-171
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Publisher: |
Policy Studies Organization - IPSO |
Saved in:
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