2014
DOI: 10.1007/s11077-014-9203-8
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Policy persistence, risk estimation and policy underreaction

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Cited by 51 publications
(47 citation statements)
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“…Maor (2012) complements this line reasoning by introducing the idea of over-confidence by policy-makers as another explanatory factor. Scholars have also focused on constitutional rules and institutional procedures (Maor, 2014a) and flawed decision-making processes such as groupthink (Janis, 1982) and polythink (Mintz & Wayne, 2016) as determinants of disproportionate policy responses. We find the notion of policy over-reaction more appropriate than the notion of policy over-investment developed by Jones et al (2014), because it covers broad areas of national interest such as economic efficiency, social welfare, social justice, sustainability, and individual well-being, rather than being restricted to narrow considerations of economic efficiency.…”
Section: The Causes Of Disproportionate Policy Responsesmentioning
confidence: 99%
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“…Maor (2012) complements this line reasoning by introducing the idea of over-confidence by policy-makers as another explanatory factor. Scholars have also focused on constitutional rules and institutional procedures (Maor, 2014a) and flawed decision-making processes such as groupthink (Janis, 1982) and polythink (Mintz & Wayne, 2016) as determinants of disproportionate policy responses. We find the notion of policy over-reaction more appropriate than the notion of policy over-investment developed by Jones et al (2014), because it covers broad areas of national interest such as economic efficiency, social welfare, social justice, sustainability, and individual well-being, rather than being restricted to narrow considerations of economic efficiency.…”
Section: The Causes Of Disproportionate Policy Responsesmentioning
confidence: 99%
“…By contrast, policy under-reaction can be understood as a situation in which the policy adopted by decision-makers provides net utility (i.e. the difference between benefits and costs) which is smaller than the one that would have been obtained had a different policy been enacted (Maor, 2014a). This paper represents a first attempt to elaborate on the concept of disproportionate policy and then apply it -as an intentional and strategic policy response -to the area of climate change.…”
Section: Introductionmentioning
confidence: 99%
“…For example, lag may mean that although a response from the policy-making system is adequate in terms of its size or intensity, it is late and therefore inadequate, which can be equated to an under-reaction (Maor, 2014a(Maor, , 2016Maor et al, 2017). Likewise, a policy response may come too early and therefore be inadequate, which again we conceive to be an over-reaction (Maor, 2012(Maor, , 2014bMaor et al, 2017).…”
Section: The Cybernetic Approachmentioning
confidence: 99%
“…The everyday reality of governing, however, is often very different. The range of responses -as we will show in the field of climate change policy -is often quite variable and views tend to differ on whether they constitute adequate responses (see Maor, 2012Maor, , 2014aMaor, , 2014bMaor, , 2016. Why do governments, both as a whole and at the level of individual public organizations, often find it difficult to respond?…”
Section: Introductionmentioning
confidence: 96%
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