EconPapers    
Economics at your fingertips  
 

Role of Evidence-Based Assessment in Democracy

Takuya Nakaizumi ()
Additional contact information
Takuya Nakaizumi: Kanto Gakuin University

Chapter Chapter 2 in Impact Assessment for Developing Countries, 2022, pp 17-26 from Springer

Abstract: Abstract While policy evaluation needs to be evidence-based, it also faces conflicts involving various stakeholders. Whether to prioritize interest alignment or evidence and objectivity in assessment is a major issue. In this chapter, we show that, in accordance with economic principles, the highest priority should be given to deriving socially optimal outcomes based on evidence, regardless of conflicts of interest. This is because it is desirable to conduct objective analysis in accordance with the relevant principles, even when information asymmetry exists between policymakers and stakeholders. We should recognize the existence of information rents based on the revelation principle and guarantee a certain amount of gain for providing correct information. Furthermore, encouraging evidence-based and voluntary citizen involvement will promote the resolution of the implementation problem.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-981-19-5494-8_2

Ordering information: This item can be ordered from
http://www.springer.com/9789811954948

DOI: 10.1007/978-981-19-5494-8_2

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:conchp:978-981-19-5494-8_2