Rule-Based Policy

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Rule-Based Policy

Any government policy in which a jurisdiction rarely or never deviates from established norms. A rule-based policy does not make exceptions based upon extenuating circumstances.
References in periodicals archive ?
Empirical studies show clearly that, back through history, more rules-based policies would have resulted in smaller swings in aggregate demand, and improved economic and financial performance than the Fed's actual discretionary approach.
Another possible advantage of policy by rule rather than policy by pure discretion is that rules-based policies can prevent short-term considerations from interfering with the Fed's long-term goals.
Enforce and monitor rules-based policies for social networking interactions, with granular feature-level control beyond standard website blocking.
More sophisticated users can build customized, rules-based policies that automate how each credit application is handled and the credit limits that are assigned, providing more control over the credit attributes used and the credit limits applied.
Automated valuation models (AVM), broker price opinions (BPOs), appraisal products, fraud tools, property profile reports, photos, maps, condition reports and other collateral-risk analytics or data can be accessed separately or in concert through multiple rules-based policies designed to fit a lender's particular business strategy, the company explained.
Today's Web application firewalls are flawed because they attempt to protect by using rules-based policies that are challenging to implement and offer only point-in-time reporting.
This description is an accurate one, and reflective of modern central banks' general desire for their rules-based policies to be both understood and accepted by their respective publics.
AVMs, BPOs, appraisal products, fraud tools, property profile reports, photos, maps, condition reports and other collateral risk analytics or data can be accessed separately or in concert through multiple rules-based policies designed to fit a lender's particular business strategy.
Through its advanced Web services architecture, sophisticated, role-based permissions and rules-based policies, RiskResolve delivers the industry's most comprehensive operational risk management solution focused on control self-assessment.
This allows administrators to manage their network using rules-based policies that ensure a positive assessment in annual regulatory reports such as those required by Sarbanes-Oxley.
0 applications deliver the industry's most comprehensive risk management solution with early warnings and alerts; issue escalation; sophisticated, role-based permissions; and rules-based policies.