8Fold Path Ch. 1 - Corollary - Identify Latent Opportunities Flashcards
1
Q
- Identify Latent Opportunities (13)
i. D-ing the A-ure of C-ce.
Give an example.
A
- Identify Latent Opportunities (13)
i. Designing the Architecture of Choice. Change how choices are made/presented to increase desired results (auto opt-out bcms auto opt-in unless checked)
2
Q
- Identify Latent Opportunities (13)
ii. S-l N-ms M-ing.
Give an example.
A
- Identify Latent Opportunities (13)
ii. Social Norms Marketing. Ppl like Soc. Norms - but What Are They? Identifying Actual Norms can motivate desired behaviour/decrease negative bhvr.
3
Q
- Identify Latent Opportunities (13)
iii. I-ing the S-l E-ts of I-al D-ns.
Give an example.
A
- Identify Latent Opportunities (13)
iii. Internalizing the Social Effects of Individual Decisions. Improve soc. welfr. by removing incentives for Individuals to ignore spillover costs of their decisions (congestion toll to discourage drivers from excess road use during peak hours).
4
Q
- Identify Latent Opportunities (13)
iv. O-ns R-ch S-ies.
Give an example.
A
- Identify Latent Opportunities (13)
iv. Operations Research Strategies. Determining Optimization Strategies for operations processes to increase benefits (Sequencing, Timing, Prioritizing, Matching, Clustering, etc)
5
Q
- Identify Latent Opportunities (13)
v. C-t-b-d P-ng.
Give an example.
A
- Identify Latent Opportunities (13)
v. Cost-based Pricing. “Discrepancies between prices & real costs present an opportunity for enhancing social welfare by adjusting prices to better reflect reality. For instance, removing rent controls would bring prices more into line with real housing costs (don’t understand this example).
6
Q
- Identify Latent Opportunities (13)
vi. B-p-ts of P-al A-ns.
Give an example.
A
- Identify Latent Opportunities (13)
vi. By-products of Personal Aspirations. Rewarding Ppl for generating and implementing beneficial solutions (such as incentives for Ppl who come up with beneficial cost-benefit innovations - they get maybe a piece of the newly preserved pie).
7
Q
- Identify Latent Opportunities (13)
vii. C-ity.
Give an example.
A
- Identify Latent Opportunities (13)
vii. Complementarity. Combining two or more activities to make one or both more productive (i.e. increased public works construction can help alleviate unemployment).
8
Q
- Identify Latent Opportunities
viii. I-t S-tion.
Give an example.
A
- Identify Latent Opportunities (13)
viii. Input Substitution. Replacing or re-organizing to fulfill a component with a cheaper alternative (i.e. using lower-paid civilians for police clerical tasks rather than using police for those tasks).
9
Q
- Identify Latent Opportunities.
ix. D-v-ent.
Give an example.
A
- Identify Latent Opportunities (13)
ix. Development. Re-examining and altering a sequence of activities or process to increase productivity. (i.e. Welfare Agency assessing clients for employability/vocational interest Bfr, not aft. sending them out to find jobs).
10
Q
- Identify latent Opportunities (13)
x. Ex-ge.
Give an example.
A
- Identify Latent Opportunities (13)
x. Exchange. Consider opportunities for exchange to increase social values (i.e. conducting pollution permit auctions, or reimbursing an agency for services it renders to another agency’s clients or customers).
11
Q
- Identify Latent Opportunities (13)
xi. M-le F-ns.
Give an example.
A
- Identify Latent Opportunities (13)
xi. Multiple Functions. Systems can be optimized so that one features can perform multiple functions. (i.e. a tax admin. can frame an enforcement case so that it both deters potential violators and re-assures non-violators they are not being taken advantage of through their honesty).
12
Q
- Identify Latent Opportunities (13)
xii. N-t-al P-ts.
Give an example.
A
- Identify Latent Opportunities (13)
xii. Nontraditional Participants. Consult those not usually consulted. Consider flat-structure input (not hierarchical) - and collect input from clients, regulated parties, & other such Ppl for valuable input.
13
Q
- Identify Latent Opportunities (13)
xiii. U-d-zed C-ity.
Give an example.
A
- Identify Latent Opportunities (13)
xiii. Underutilized Capacity. Resources are sometimes underused (think empty schools in summer or evenings). Consider re-thinking resource engagement to maximize opportunities and productivity.
