Risk Taking In International Politics
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Risk Taking In International Politics
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Author : Rose McDermott
language : en
Publisher: University of Michigan Press
Release Date : 2001
Risk Taking In International Politics written by Rose McDermott and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Political Science categories.
Discusses the way leaders deal with risk in making foreign policy decisions
Risk Taking And Decision Making
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Author :
language : en
Publisher: Stanford University Press
Release Date : 1998-02
Risk Taking And Decision Making written by and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-02 with Political Science categories.
Risks are an integral part of complex, high-stakes decisions, and decisionmakers are faced with the unavoidable tasks of assessing risks and forming risk preferences. This is true for all decision domains, including financial, environmental, and foreign policy domains, among others. How well decisionmakers deal with risk affects, to a considerable extent, the quality of their decisions. This book provides the most comprehensive analysis available of the elements that influence risk judgments and preferences. The book has two dimensions: theoretical and comparative-historical. The study of risk-taking behavior has been dominated by the rational choice approach. Instead, the author adopts a socio-cognitive approach involving: a multivariate theory integrating contextual, cognitive, motivational, and personality factors that affect an individual decisionmaker's judgment and preferences; the social interaction and structural effects of the decisionmaking group and its organizational setting; and the role of cultural-societal values and norms that sanction or discourage risk taking behavior. The book's theoretical approach is applied and tested in five historical case studies of foreign military interventions. The richly detailed empirical data on the case studies make them, metaphorically speaking, an ideal laboratory for applying a process-tracing approach in studying judgment and decision processes at varying risk levels. The case studies analyzed are: U.S. interventions in Grenada in 1983 and Panama in 1989 (both low risk); Soviet intervention in Czechoslovakia in 1968 (moderate risk): U.S. intervention in Vietnam in 1964-68 (high risk); and Israel's intervention in Lebanon in 1982-83 (high risk).
Overconfidence And Risk Taking In Foreign Policy Decision Making
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Author : Imran Demir
language : en
Publisher: Springer
Release Date : 2017-03-24
Overconfidence And Risk Taking In Foreign Policy Decision Making written by Imran Demir and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-24 with Political Science categories.
This book introduces a new perspective on risk seeking behaviour, developing a framework based on various cognitive theories, and applying it to the specific case-study of Turkey’s foreign policy toward Syria. The author examines why policy makers commit themselves to polices that they do not have the capacity to deliver, and develops an alternative theoretical model to prospect theory in explaining risk taking behaviour based on the concept of overconfidence. The volume suggests that overconfident individuals exhibit risk seeking behaviour that contradicts the risk averse behaviour of individuals in the domain of gain, as predicted by prospect theory. Using a set of testable hypothesis deduced from the model, it presents an empirical investigation of the causes behind Turkish decision makers’ unprecedented level of risk taking toward the uprising in Syria and the consequences of this policy.
International Political Risk Management
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Author : Theodore H. Moran
language : en
Publisher: World Bank Publications
Release Date : 2005
International Political Risk Management written by Theodore H. Moran and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Contributors to this volume consider the state of the political risk insurance industry in the wake of September 11, 2001, the Argentine economic crisis, and other upheavals. The book begins with the supply-side perspective of insurers and then turns to the concerns of investors and lenders, in particular those involved in large infrastructure projects in emerging markets. It concludes with in-depth assessments of new challenges to definitions and coverage of currency transfer, expropriation, breach of contract, and political force majeure. The diverse and detailed arguments collected here come to a consensus: recent changes, contractions, and even losses are fueling the search for creative solutions and will ultimately prove beneficial for participants in the industry.
International Political Risk Management
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Author :
language : en
Publisher:
Release Date : 2008
International Political Risk Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Avoiding Losses Taking Risks
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Author : Barbara Farnham
language : en
Publisher: University of Michigan Press
Release Date : 1994
Avoiding Losses Taking Risks written by Barbara Farnham and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
The impact of prospect theory on international relations theory
International Political Risk Management
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Author : Theodore H. Moran
language : en
Publisher:
Release Date : 2005
International Political Risk Management written by Theodore H. Moran and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Soviet Risk Taking And Crisis Behaviour
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Author : Hannes Adomeit
language : en
Publisher: Routledge
Release Date : 2022-12-28
Soviet Risk Taking And Crisis Behaviour written by Hannes Adomeit and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-28 with Soviet Union categories.
Soviet Risk-Taking and Crisis Behavior, first published in 1982, examines the question: for what purposes and under what conditions were Soviet leaders prepared to take risks in international relations? It defines the concept of risk in nuclear-armed foreign relations, and analyses Soviet behavior in the Berlin crises.
International Governance And Risk Management
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Author : Toshihiro Ihori
language : en
Publisher: Springer
Release Date : 2019-07-23
International Governance And Risk Management written by Toshihiro Ihori and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-23 with Business & Economics categories.
In this book the authors demonstrate how the economics of insurance, risk reduction, and damage control or limitation can be combined with concepts of collective choice and collective behavior to improve analysis of the escalating threats faced by alliances throughout the world. The book develops a theory of risk management as integrating likelihood of loss, magnitude of loss, and isolation from loss into a consolidated model. It extends existing concepts of individual risk management by a single person to decision theory for an entire country, managed by a government bureaucracy and lodged in a universe of overlapping alliances. The authors uncover a tendency, inherent in any bureaucracy for policy coordination in the realm of risk control to fail because of misunderstanding, disinterest, or perverse incentives. Understanding such incentives is essential to any sort of progress in risk management of proliferating national and global threats. Self-protection aims to reduce the chances of loss. This reduction may require the use, or threat or promise of use, of defensive military weapons or, depending on context, the use of offensive military weapons. Japan's constitution limits Japan to use of defensive measures only, even if Japan and the USA have formed a military alliance. This places Japan at an “economic corner solution” of providing only self-insurance. However, the Abe government intends to change the interpretation of the constitution so that Japan can provide a full range of self-protection as well as self-insurance. With the prospect of such constitutional change, this book becomes of special relevance to Japan's national security.
Risk And Presidential Decision Making
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Author : Trenta Luca
language : en
Publisher: Routledge
Release Date : 2016-05-20
Risk And Presidential Decision Making written by Trenta Luca and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-20 with Political Science categories.
This book aims at gauging whether the nature of US foreign policy decision-making has changed after the Cold War as radically as a large body of literature seems to suggest, and develops a new framework to interpret presidential decision-making in foreign policy. It locates the study of risk in US foreign policy in a wider intellectual landscape that draws on contemporary debates in historiography, international relations and Presidential studies. Based on developments in the health and environment literature, the book identifies the President as the ultimate risk-manager, demonstrating how a President is called to perform a delicate balancing act between risks on the domestic/political side and risks on the strategic/international side. Every decision represents a ‘risk vs. risk trade-off,’ in which the management of one ‘target risk’ leads to the development ‘countervailing risks.’ The book applies this framework to the study three major crises in US foreign policy: the Cuban Missile Crisis, the seizure of the US Embassy in Tehran in 1979, and the massacre at Srebrenica in 1995. Each case-study results from substantial archival research and over twenty interviews with policymakers and academics, including former President Jimmy Carter and former Senator Bob Dole. This book is ideal for postgraduate researchers and academics in US foreign policy, foreign policy decision-making and the US Presidency as well as Departments and Institutes dealing with the study of risk in the social sciences. The case studies will also be of great use to undergraduate students.