Policy analysis from first principles.

  title={Policy analysis from first principles.},
  author={Scott Moss},
  journal={Proceedings of the National Academy of Sciences of the United States of America},
  volume={99 Suppl 3},
  • Scott Moss
  • Published 2002 in
    Proceedings of the National Academy of Sciences…
The argument of this paper is predicated on the view that social science should start with observation and the specification of a problem to be solved. On that basis, the appropriate properties and conditions of application of relevant tools of analysis should be defined. Evidence is adduced from data for sales volumes and values of a disparate range of goods to show that frequency distributions are commonly fat-tailed. This result implies that any stable population distribution will generally… CONTINUE READING