Policy Compass: FCM-based policy impact evaluation using public open data
Policy Compass: FCM-based policy impact evaluation using public open data
This paper presents how Fuzzy Cognitive Map (FCM) technique can be applied by a policy maker to support the policy impact evaluation using the example of Policy Compass, an EU research project. The practical usage example on interest rate policy shows the potential of FCMs as a policy impact modelling tool. Through the provision of a more intuitive and easier means of using open data based on FCM techniques, the Policy Compass project can play a critical role for both policy maker and lay public to evaluate the policy impact and prepare for future policy making.
fuzzy cognitive map, impact evaluation, open data, policy, policy compass, policy impact modelling
158–165
Choi, Youngseok
928c489e-7c5b-42fc-bad8-77ce717ba106
Lee, Habin
bab650b0-df62-40c1-bb0e-53d778ade29d
Uthayasankar, Sivarajah
c0e031eb-e847-4580-a0bf-f400921cb8b0
2015
Choi, Youngseok
928c489e-7c5b-42fc-bad8-77ce717ba106
Lee, Habin
bab650b0-df62-40c1-bb0e-53d778ade29d
Uthayasankar, Sivarajah
c0e031eb-e847-4580-a0bf-f400921cb8b0
Choi, Youngseok, Lee, Habin and Uthayasankar, Sivarajah
(2015)
Policy Compass: FCM-based policy impact evaluation using public open data.
In,
Electronic Government and Electronic Participation: [Joint Proceedings of Ongoing Research and Projects of IFIP WG 8.5 EGOV and ePart 2015].
(Innovation and the Public Sector, 22)
IOS.
.
(doi:10.3233/978-1-61499-570-8-158).
Record type:
Book Section
Abstract
This paper presents how Fuzzy Cognitive Map (FCM) technique can be applied by a policy maker to support the policy impact evaluation using the example of Policy Compass, an EU research project. The practical usage example on interest rate policy shows the potential of FCMs as a policy impact modelling tool. Through the provision of a more intuitive and easier means of using open data based on FCM techniques, the Policy Compass project can play a critical role for both policy maker and lay public to evaluate the policy impact and prepare for future policy making.
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Published date: 2015
Keywords:
fuzzy cognitive map, impact evaluation, open data, policy, policy compass, policy impact modelling
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Local EPrints ID: 437739
URI: http://eprints.soton.ac.uk/id/eprint/437739
PURE UUID: b6eda809-fb44-4704-bbf2-41788cb56588
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Date deposited: 13 Feb 2020 17:31
Last modified: 16 Mar 2024 06:23
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Contributors
Author:
Youngseok Choi
Author:
Habin Lee
Author:
Sivarajah Uthayasankar
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