Policy bubbles: What factors drive their birth, maturity and death?

Maor, Moshe (2014) Policy bubbles: What factors drive their birth, maturity and death? British Politics and Policy at LSE (29 Jul 2014). Website.

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Abstract

A policy bubble is a policy overreaction that is reinforced by positive feedback over a relatively long period of time. Policy bubbles impose social costs without producing offsetting benefits. Moshe Maor explores this phenomenon and explains how it may mature as a result of over-optimism and overconfidence among policymakers and the general public, or as a result of human herding and emotional contagion.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/politicsandpolicy
Additional Information:	© 2014 The Author(s) CC BY-NC-ND 3.0
Divisions:	LSE
Subjects:	J Political Science > JF Political institutions (General) J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited:	27 Apr 2017 08:17
Last Modified:	16 May 2024 07:36
URI:	http://eprints.lse.ac.uk/id/eprint/74457

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