Step 1: Understanding the Concept
This is an application question. We must apply the central concept of the passage—that governments suffer from present bias due to short-term pressures like elections—to a hypothetical scenario. The question asks what condition would allow a government to overcome this bias.
Step 2: Detailed Explanation
A policy with high upfront costs and delayed benefits is the classic victim of present bias. A government would normally avoid such a policy because it angers current voters for a payoff that may only be realized after they have left office. The question asks what would allow them to enact it anyway.
(A) is a trick. Offering immediate incentives is a way to *give in* to present bias, not overcome it. It makes the policy easier to pass by adding a short-term reward.
(B) and (E) introduce external forces that override the administration's own decision-making process. The question is about when the *government itself* would enact the policy.
(C) describes a weak, symbolic reform, not a "far-reaching" one.
(D) directly addresses the root cause of the bias. If an administration is confident of "long-term political dominance," the short-term pressure of the next election is diminished or eliminated. They are free to make decisions with long-term payoffs because they expect to be in power to reap the political rewards.
Step 3: Final Answer
Option (D) provides the most logical condition under which a government could ignore short-term electoral pressures and pursue a policy with long-term benefits.
\vspace{0.5cm}
\hrule
\vspace{0.5cm}