ABSTRACT

A significant part of policy design activity, as we have seen in previous chapters, involves matching policy goals with the ideas formulators hold about feasible and desirable mixes of policy means or tools. Understanding policy instrument choices and the range of possibilities present in any design situation is a key factor for both policy advisors and decision-makers and requires both an understanding of what kinds of instrument options exist, which subset of those is generally considered feasible or possible in a given context and which among that smaller subset of all possible tools is deemed by policy experts and the public to be the most appropriate to use at a given time.