The seventh of a series of podcasts tying together 500 Words posts.
This lecture is on the distinction between comprehensive/ bounded rationality and how policy actors deal with bounded rationality. It is based on text in Chapter 13, including:
"Theories also describe different ways in which responses to bounded rationality affect policymaking behaviour:
• Policymakers can only pay attention to a tiny proportion of their responsibilities, and policymaking organizations struggle to process all policy-relevant information. They prioritize some issues and information and ignore the rest (Chapter 9).
• Policy actors see the world through the lens of their beliefs. Beliefs allow them to select and interpret policy-relevant information and decide who to trust.
• Actors engage in ‘trial-and-error strategies’ or use their ‘social tribal instincts’ to rely on ‘different decision heuristics to deal with uncertain and dynamic environments’
• Policy audiences are vulnerable to manipulation when they rely on other actors to help them understand the world. Actors tell simple stories to persuade their audience to see a policy problem and its solution in a particular way
• Institutions include formal rules but also the informal understandings that ‘exist in the minds of the participants and sometimes are shared as implicit knowledge rather than in an explicit and written form’
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Professor Paul Cairney. Innehållet i podden är skapat av Professor Paul Cairney och inte av,
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