“Living Wages: Evaluating Policy Performance” Please respond to the following:
- Reference Case 7.2 “The Economics of Morality: Evaluating Living Wages Policies.” Compare pseudo, formal, and decision-theoretic evaluation. Which evaluation method do you feel would be most effective to determine whether the living wages policies had the intended effect? Provide a rationale for your answer.
Watch video: Policy Outcomes (Constitutive and Operational Definitions)
NOTE: Attachment can find reference case 7.2