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About this product
Product Identifiers
PublisherUniversity of Michigan Press
ISBN-100472108670
ISBN-139780472108671
eBay Product ID (ePID)607449
Product Key Features
Number of Pages256 Pages
Publication NameRisk-Taking in International Politics : Prospect Theory in American Foreign Policy
LanguageEnglish
Publication Year1998
SubjectInternational Relations / General, General
TypeTextbook
AuthorRose Mcdermott
Subject AreaPolitical Science
FormatHardcover
Dimensions
Item Height0.6 in
Item Weight23.5 Oz
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN97-021113
Dewey Edition21
IllustratedYes
Dewey Decimal327.7/3/0019
SynopsisRisk 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 of risk, to four cases in American foreign policy. Prospect theory suggests that decisionmakers who are confronting losses are more likely to take risks than are those decisionmakers who are satisfied with the status quo. The cases used to demonstrate this dynamic include: the Suez Crisis, the U-2 affair, the decisions surrounding the admission of the Shah of Iran to the United States in 1979, and the attempted rescue of the American hostages in Iran in 1980. McDermott shows how prospect theory enables us to understand cases that are otherwise inexplicable. Risk Taking in International Relations offers a unique application of a sophisticated psychological model to international relations theory. The book will be of interest to political scientists and psychologists interested in decision making, in international relations and in American foreign policy. Rose McDermott is Assistant Professor of Political Science, Cornell University.