Prospect Theory and Foreign Policy Analysis in the Asia Pacific

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Focusing on the decision-making processes of political leaders in Asia, this book explores the motivations behind risky choices in international relations. By merging neoclassical realism and prospect theory, the authors reveal that leaders are prone to take greater risks when their core interests and legitimacy are at stake. This groundbreaking work not only applies prospect theory to Asian security but also critiques conventional rationalist approaches to foreign policy, offering new insights into the complexities of political behavior.