{"product_id":"risk-taking-in-international-politics-prospect-theory-in-american-foreign-policy","title":"Risk-Taking in International Politics: Prospect Theory in American Foreign Policy","description":"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.\nRose 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.\nRisk 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.\nRose McDermott is Assistant Professor of Political Science, Cornell University.\u003cbr\u003eASIN: 0472087878\u003cbr\u003eVSKU: BVV.0472087878.G\u003cbr\u003eCondition: Good\u003cbr\u003eAuthor\/Artist:McDermott, Rose\u003cbr\u003eBinding: Paperback\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: The item shows wear from consistent use, but it remains in good condition and works perfectly. All pages and cover are intact  including the dust cover, if applicable . Spine may show signs of wear. Pages may include limited notes and highlighting. May NOT include discs, access code or other supplemental materials.  \u003cbr\u003e","brand":"Blue Vase Books","offers":[{"title":"Default Title","offer_id":43138466775101,"sku":"BVV.0472087878.G","price":9.38,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0589\/4225\/9261\/files\/0472087878-0.jpg?v=1777410726","url":"https:\/\/www.bluevasebooks.com\/products\/risk-taking-in-international-politics-prospect-theory-in-american-foreign-policy","provider":"Blue Vase Books","version":"1.0","type":"link"}