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Paperback Risk-Taking in International Politics: Prospect Theory in American Foreign Policy Book

ISBN: 0472087878

ISBN13: 9780472087877

Risk-Taking in International Politics: Prospect Theory in American Foreign Policy

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Book Overview

Risk plays a dramatic role in international relations as leaders make decisions about such issues as war and peace, disarmament, and about lowering economic barriers to trade and investment. How a country's leaders think about risk in making foreign policy decisions is important in understanding why and how they make decisions.
Rose McDermott applies prospect theory, a theory developed by psychologists to understand decisionmaking under conditions...

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