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Zusatztext Bertelli and John offer a fresh and compelling lens through which to understand one of the most consequential challenges facing governments, namely deciding which issues will be given priority on the policy agenda. Building on insights from financial economics, their theory of public policy investment posits that government leaders "invest" attention in public policies based on their assessments of the risks and returns of alternative policy portfolios. The book grounds its empirical component in modern British politics, but the concepts and insights transcend the immediate empirical setting and are broadly applicable to a wide range of policy-making environments. By focusing attention on the importance of executive leadership and the difficult business of statecraft, this book is a must-read for anyone interested in government decision-making and the public policy process. Informationen zum Autor Anthony M. Bertelli is Professor of Public Policy and Law and holds the C.C. Crawford Chair in Management and Performance at the University of Southern California. He is also Professor of Public Policy Analysis at the University of Birmingham. His work explores the role of political institutions in shaping public policy outcomes and he is author of Madison's Managers: Public Administration and the Constitution (2006) and The Political Economy of Public Sector Governance (2012).Peter John is Professor of Political Science and Public Policy at University College London. He is known for his work on public policy, agenda-setting, and local politics. He is author of Analyzing Public Policy (2012), Local Governance in Western Europe (2001), Making Policy Work (2012), and Exits, Voices and Social Investment (2012). He is interested in how to involve citizens in public policy and management, and in the use of randomized controlled trials, many of which were presented in Nudge, Nudge, Think, Think: Experimenting with Ways to Change Civic Behaviour (2011). Professors Bertelli and John edit the Journal of Public Policy and are co-authors of Policy Agendas in British Politics (2013). Klappentext Covering the period 1971-2000, this volume develops a new approach to 'public policy investment'. It shows how governments are like investors who act of on behalf of the public and how enhance their chances of re-election by managing a portfolio of public policies. Zusammenfassung Covering the period 1971-2000, this volume develops a new approach to 'public policy investment'. It shows how governments are like investors who act of on behalf of the public and how enhance their chances of re-election by managing a portfolio of public policies. Inhaltsverzeichnis 1: Introduction 2: Policy Prioritization 3: Statecraft and the Art of Governing 4: Public Policy Investment and Electoral Ambition 5: Valuing Public Policies 6: Quantitative Empirical Strategy 7: Policy Investment Illustrated in Britain, 1971-2000 8: Policy Investment Performance in Britain, 1971-2000 9: Investment, Statecraft, and General Elections, 1971-2000 10: Conclusion ...