BUS-G202 Topic 2 Policy and Special Interests

BUS-G202 Topic 2 Policy and Special Interests - Indiana...

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Topic 2: Public Policy Formation and Special Interests REQUIRED READINGS: “The Power of Organized Interests” and “Fuel Economy Standards, 2007” Online Fuel Economy Case Discussion: Jan. 31 st —Feb. 2 nd In-class Fuel Economy Case Debriefing: Feb. 3 rd
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Voters are assumed to be It is costly for you to become informed on most political issues. It is not likely that your individual vote will make a difference. Politicians (elected officials) are assumed to be Regardless of their ultimate motivation, the ability of politicians to achieve their goals depends on their election or re-election. Thus, Politicians try to provide information about themselves (and their rivals) at no charge to voters. Bureaucrats (civil servants) are assumed to be Bureaucrats are not elected, but are hired into office much like what occurs in the private sector. Bureaucrats seek promotions, higher pay, prestige, job security, etc…,which all become more possible with a bigger budget. The Office Surplus: http://www.megavideo.com/?d=RHT80VPR Public Sector Participants
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There are four possible types of inefficiencies in the public sector: The Shortsightedness Effect. Lack of Operational Efficiency.
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BUS-G202 Topic 2 Policy and Special Interests - Indiana...

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