System Models for Policy Analysis

Warren E. Walker () and C. Els Daalen
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Warren E. Walker: Delft University of Technology
C. Els Daalen: Delft University of Technology

Chapter Chapter 7 in Public Policy Analysis, 2013, pp 157-184 from Springer

Abstract: Abstract Although quantitative system models are only one of many tools of a policy analyst, they are an important tool. For the policy analyst, the purpose of building and using models is to estimate things that cannot be observed or measured directly. The prime example is impact assessment—estimating the outcomes of a policy that a decisionmaker may consider adopting. Other uses are diagnosis (estimating what factors have the greatest leverage to change a specified outcome or what is the primary source of a given outcome) and forecasting (estimating how a variable is likely to evolve in the future, usually assuming “present trends”). They also may be used as learning tools (to gain an understanding of how the system works, or may work in the future).

Keywords: Policy Analysis; Policy Option; Large Model; Discrete Event Simulation; System Dynamics Model (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-1-4614-4602-6_7

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