Learning more by doing less

Self-interested agents (e.g., interest groups, researchers) produce verifiable evidence in an attempt to convince a principal (e.g., legislator, funding organization) to act on their behalf (e.g., introduce legislation, fund research). Agents provide less informative evidence than the principal prefers since doing so maximizes the probability the principal acts in their favor. If the principal faces budget or other constraints that limit the number of agents whose proposals she can support, then agents produce more-accurate evidence as they compete for priority. Under reasonable conditions, the principal is better off when her capacity to act is limited.strategic search, evidence production, persuasion, lobbying

Improving the Health Care of Foster Children Throughout the US: Texas, a Case Example

Children who have been exposed to the foster care system comprise a high-risk, vulnerable, and potentially medically complex population that has both poor health and poor access to health care. This review with Texas as a case example aims to describe the health and health care issues impacting children in foster care (CFCs), the state and federal level mechanisms to ensure appropriate funding for the health care of CFCs, and recent legislative efforts to improve the health and health care access for CFCs. The review discusses potential solutions in regards to improving the health of CFCs through four main domains: facilitating integration of care through delivery mechanisms such as the medical home; understanding the role of trauma and toxic stress and consequently the impact of trauma-informed care on the health of CFCs; improving mental health screening efforts and tools; and enhancing access to appropriate mental health care services

Are Currency Crises Low-State Equilibria? An Empirical, Three-Interest-Rate Model

Suppose that the dynamics of the macroeconomy were given by (partly) random fluctuations between two equilibria: "good" and "bad." One would interpret currency crises (or recessions) as a shift from the good equilibrium to the bad. In this paper, the authors specify a dynamic investment-savings-aggregate-supply (IS-AS) model, determine its closed-form solution, and examine numerically its comparative statics. The authors estimate the model via maximum likelihood, using data for Argentina, Canada, and Turkey. Since the data show no support for the multiple-equilibrium explanation of fluctuations, the authors cast doubt on the third-generation models of currency crisis.Uncertainty and monetary policy

Current Directions With Musical Plus One

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Introduction to Deliberation, democracy, and civic forums: Improving equality and publicity

Innovative forums that integrate citizen deliberation into policy making are revitalizing democracy in many places around the world. Yet controversy abounds over whether these forums ought to be seen as authentic sources of public opinion and how they should fit with existing political institutions. How can civic forums include less powerful citizens and ensure that their perspectives are heard on equal terms with more privileged citizens, officials, and policy experts? How can these fragile institutions communicate citizens\u27 policy preferences effectively and legitimately to the rest of the political system? Deliberation, Democracy, and Civic Forums proposes creative solutions for improving equality and publicity, which are grounded in new theories about democratic deliberation, a careful review of research and practice in the field, and several original studies. This book speaks to scholars, practitioners, and sponsors of civic engagement, public management and consultation, and deliberative and participatory democracy. Focuses on new civic forums that are re-engaging citizens in democracy Includes original theory and research on civic deliberation and democracy Proposes creative solutions that allow disempowered citizens to participate equally in politics Illuminates how civic forums can play a more powerful role in the political syste

Good publicity: The legitimacy of public communication of deliberation

Although deliberative democratic theory values the principle of publicity, few empirical studies systematically assess the public communication of civic groups that deliberate over policy. The proliferation of such groups in contemporary politics, and of uncertainty about their legitimacy, suggests the need for such study. Drawing on contemporary deliberative theory, we derive a set of legitimate publicity indicators for assessing how well groups report their deliberative processes and policy conclusions. We demonstrate the reliability and utility of these measures in a comparative content analysis of the final reports of three common kinds of deliberative bodies: a governmentstakeholder task force, an activist strategy group, and a citizen consensus conference. We conclude by suggesting an agenda for further research on the perceived legitimacy of publicity about deliberative processes, outcomes, and impacts on the policy process

Democratic Innovations in North America

This chapter assesses the state of democratic innovations in North America, including the United States, Canada, and English-speaking countries of the Caribbean. We begin by setting these innovations in the contexts of democracy on the continent, which includes both established democracies and countries that have only recently decolonised. We go on to discuss major trends in democratic innovations over the past two decades in North America, including referendums and initiatives, mini-publics and collaborative governance, and digital participation in political and civic life. We note the broad range of issues addressed by these innovations and their effects on democratic institutions at different levels of governance. Finally, we draw several lessons and ideas for reform from the uneven impacts of democratic innovations in North America.

The Fit Between Product Market Strategy and Business Model: Implications for Firm Performance

We examine the fit between a firm\u27s product market strategy and its business model. We develop a formal model in order to analyze the contingent effects of product market strategy and business model choices on firm performance. We investigate a unique, manually collected dataset, and find that novelty-centered business models—coupled with product market strategies that emphasize differentiation, cost leadership, or early market entry—can enhance firm performance. Our data suggest that business model and product market strategy are complements, not substitutes