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Journal of Economic Literature Vol. 52 No. 3 2014

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

John Geweke

University of Technology Sydney and Erasmus University, Rotterdam.

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.

DOI
10.1257/jel.52.3.799
Volume
52
Issue
3
Pages
799-804
Language
en
Sources
openalex crossref

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