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Review Essay on Charles F. Manski's Public Policy in an Uncertain World: Analysis and Decisions

Author

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  • John Geweke

Abstract

Public policy setting often involves quantitative choices with quantitative outcomes. Yet unqualified statements about the precise consequences of alternative choices characterize much of the policy analysis bearing on these decisions. Public Policy in an Uncertain World: Analysis and Decisions by Charles F. Manski characterizes and richly illustrates the nature of this unwarranted certitude. It details specific constructive alternatives on which the economics profession has achieved varying degrees of consensus. Those in our profession charged with the education of future policy analysts should consider using it and how to round out its presentation of decision making from their own perspective.

Suggested Citation

  • John Geweke, 2014. "Review Essay on Charles F. Manski's Public Policy in an Uncertain World: Analysis and Decisions," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 799-804, September.
    • Handle: RePEc:aea:jeclit:v:52:y:2014:i:3:p:799-804
    Note: DOI: 10.1257/jel.52.3.799
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    Citations

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    Cited by:

    1. John Rust, 2014. "The Limits of Inference with Theory: A Review of Wolpin (2013)," Journal of Economic Literature, American Economic Association, vol. 52(3), pages 820-850, September.

    More about this item

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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