Chapter 7 presents a comparative analysis of various tools useful in policy making. Select two tools described in chapter 7 from different categories, and describe how these tools could be used to develop policy for optimizing bus and local train schedules to minimize energy use and passenger wait times in a SmartCity environment. To complete this assignment, you must do the following:Create a new thread. As indicated above, select two tools described in chapter 7 from different categories, and describe how these tools could be used to develop policy for optimizing bus and local train schedules to minimize energy use and passenger wait times in a SmartCity environment. Subject: Infotech in a Global Economy

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Answer:

Answer explained below

Explanation:

  • Simple tools such as checklists, questionnaires, impact tables or similar techniques for assisting expert judgement.

  • More formal tools, such as scenario techniques, CBA, risk assessment and multi-criteria analysis, which entail several analytical steps corresponding to predefined rules, methods and procedures.

  • Advanced tools which attempt to capture the more dynamic and complex aspects of societal or economic development by performing computer-based simulation exercises.