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Using opportunity costs to counter “one-shot bias” in policy innovation

Abstract:

Allocating scarce resources to meet policy objectives incurs opportunity costs. Public servants face an increasingly significant opportunity-cost dilemma between resourcing the incremental adaption of existing systems of service delivery and investing in their replacement through radical but risky innovation. Should a government’s limited time, money, and brainpower be spent on low-risk, low-change adaptation, or on high-risk, high-change innovation? Attitudes among policy-makers towards this...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Blavatnik School of Government
Role:
Author

Contributors

Role:
Editor
Role:
Editor
Role:
Editor
Publisher:
Palgrave Macmillan Publisher's website
Pages:
1665-1684
Host title:
The Palgrave Handbook of the Public Servant
Place of publication:
Cham, Switzerland
Publication date:
2021-06-01
DOI:
EISBN:
9783030299804
Source identifiers:
1074397
ISBN:
9783030299798
Language:
English
Keywords:
Pubs id:
pubs:1074397
UUID:
uuid:1e4213a4-91b7-4ac8-966b-6b4bba71c0ff
Local pid:
pubs:1074397
Deposit date:
2019-11-26

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