Rationalism approach to public policy

1.

Rationalism approach to public
policy
Sautin Vasiliy, Sumarokova Maria and Talakina Anastasia
Date

2.

What public policy?
✤
Economic policy
✤
Taxation laws on import
✤
Distribution of income
✤
Savings and investments

3.

What theoretical model?
✤
Rationalism or rational choice

4.

Who?
✤
Members of parliament
✤
Small business owners
✤
Institutions

5.

How?
✤
Maximising a person’s own benefits
✤
Adapt the theory in business models
✤
Prediction of behaviour

6.

What implications/assumptions?
✤
Policy of protectionism
✤
Differences of living standard
✤
Economic crises

7.

Thank You!