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Policy entrepreneurs use innovative ideas and non-traditional strategies to influence society, create opportunities, and promote desired policy outcomes. Policy entrepreneurship usually happens over three phases. It starts with a demand in the political landscape for some form of innovation involving a public good. [5]
Hiding responsibility for a policy or decision. One common method for policy laundering is the use of international treaties which are formulated in secrecy. Afterwards it is not possible to find out who advocated for which part of the treaty. Each person can claim that it was not them who demanded a certain paragraph but that they had to agree ...
In 2011, Free Shipping Day became a billion-dollar shopping holiday with $1.072 billion in sales, followed by $1.01 billion during Free Shipping Day 2012. In 2013, Knowles changed the format of Free Shipping Day to only include merchants that could waive all minimum order requirements and guarantee delivery by Christmas Eve.
Maker-checker (or Maker and Checker or 4-Eyes) is one of the central principles of authorization in the information systems of financial organizations. The principle of maker and checker means that for each transaction, there must be at least two individuals necessary for its completion. While one individual may create a transaction, the other ...
Equity premium puzzle. The equity premium puzzle refers to the inability of an important class of economic models to explain the average equity risk premium ( ERP) provided by a diversified portfolio of equities over that of government bonds, which has been observed for more than 100 years. There is a significant disparity between returns ...
Maker's Mark is a small-batch bourbon whisky produced in Loretto, Kentucky, by Beam Suntory. It is bottled at 90 U.S. proof (45% alcohol by volume) and sold in squarish bottles sealed with red wax. [1] The distillery offers tours, and is part of the American Whiskey Trail and the Kentucky Bourbon Trail .