Legitimacy: government and politics Legitimacy is the popular acceptance of an authority‚ usually a governing law or a régime. Whereas “authority” denotes a specific position in an established government‚ the term “legitimacy” denotes a system of government — wherein “government” denotes “sphere of influence”. Political legitimacy is considered a basic condition for governing‚ without which a government will suffer legislative deadlock(s) and collapse. John Locke said that political legitimacy
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According to Deborah Stone‚ "the fields of political science‚ public administration‚ law‚ and policy analysis have shared a common mission of rescuing public policy from the irrationalities and indignities of politics‚ hoping to make policy instead with rational‚ analytical‚ and scientific methods." In Stone’s book the Policy Paradox: The Art of Policy Decision Making there are two specific aims that the author has set out to make. The first is‚ she denotes this as "the rationality project" and brings
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The decision: A driver refueled the wrong gas causing 8000 dollars fixed car in a food supply company. The company manager decided to reduce other part-time store assistants working hours for this loss rather than punished this driver. He used to own a small scale business which has been made acquisition. Indeed‚ He wins his reputation as sophisticated business man in this industry‚ especially in terms of sales. Head office used to recommend digging out this driver since he consumed too much money
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Finance‚ and behaviour research refers to Psychology. Focus: Refer to decision-making‚ capital market research at aggregate level. Behaviour research specifically on users‚ at individuals or groups level. Theories: Capital market research is based on rational choice theory and expected utility theory. Behaviour research is based on prospect theory‚ belief-adjustment model‚ and functional fixation hypothesis. Assumptions: Capital Market Research is based on ‘homo economics’: Semi-strong form of market
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Difference between Islamic economics and conventional economics? In Islam there is no conflict between matter and soul‚ as there is no separation between economy and religion. Although Islamic economics is young in comparison with conventional economics‚ its characteristics‚ value and essence are appreciated by Muslims and the non-Muslims. The over-arching values of Islamic economics lie in the principle that it is an economic strategy that can achieve unity and harmony between the material and
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any rate men treat women like this all of the time. The power that I am speaking of is not politics or weather he had more money than me‚ all of that did not matter. He was controlling and abusive. My next point covers the Rational Choice Theory in which I had to make a rational choice to stay and take the abuse or was I going to do something about it and get out. Well the choice I made was to put him in prison because that was the only was I was going to get rid of him so that I could lead a peaceful
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Paper Public Policy M. Phil Semester One Q.1. Define the following terms. 1. Problem: A Sudden happening or a thing that is difficult to deal with or to understand. 2. Public Policy: Public Policy is the action taken by government to address a particular public issue. It is implemented by local‚ state and federal government. 3. Goal: The achieved point of any action is call goal or you can say the ending point. 4. Output: The formal action that government takes to pursue its goal is call
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models of decision-making which are as follows :- 1.The economic rationality model This model comes from the classical economist models‚ in which the decision maker is perfectly and completely rational in every way. In this‚ following conditions are assumed. a. The decision will be completely rational in means ends sense. b. There is a complete and consistent system of preferences that allows a choice among alternatives. c. There is a complete awareness of all the possible alternatives. d.
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choice in reality‚ which relates to nature and human behavior. Managers who apply a strategic choice model to their decision will attain a feasible and realistic solution. Strategic choice theory and rational choice theory are similar. Both theories focus on naturalism and positivism. However‚ rational choice theory is largely used for political decisions and strategic choice theory is mainly used by business managers. Overall‚ both theories make assumptions about the limitations in human behavior
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Politics and Society Politics is the activity through which people make‚ preserve and amend the general rules under which they live. As such‚ it is an essentially social activity‚ inextricably linked‚ on the one hand‚ to the existence of diversity and conflict‚ and on the other to a willingness to co-operate and act collectively. Politics is better seen as a search for conflict resolution than as its achievement‚ as not all conflicts are‚ or can be‚ resolved. The concepts of: Politics‚ government
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