Prospect Theory and Foreign Policy Analysis in the Asia Pacific

Prospect Theory and Foreign Policy Analysis in the Asia Pacific
Author: Kai He
Publisher: Routledge
Total Pages: 166
Release: 2013-01-17
Genre: Political Science
ISBN: 1135131198

Why does North Korea behave erratically in pursuing its nuclear weapons program? Why did the United States prefer bilateral alliances to multilateral ones in Asia after World War II? Why did China become "nice"—no more military coercion—in dealing with the pro-independence Taiwan President Chen Shuibian after 2000? Why did China compromise in the negotiation of the Chunxiao gas exploration in 2008 while Japan became provocative later in the Sino-Japanese disputes in the East China Sea? North Korea’s nuclear behavior, U.S. alliance strategy, China’s Taiwan policy, and Sino-Japanese territorial disputes are all important examples of seemingly irrational foreign policy decisions that have determined regional stability and Asian security. By examining major events in Asian security, this book investigates why and how leaders make risky and seemingly irrational decisions in international politics. The authors take the innovative step of integrating the neoclassical realist framework in political science and prospect theory in psychology. Their analysis suggests that political leaders are more likely to take risky actions when their vital interests and political legitimacy are seriously threatened. For each case, the authors first discuss the weaknesses of some of the prevailing arguments, mainly from rationalist and constructivist theorizing, and then offer an alternative explanation based on their political legitimacy-prospect theory model. This pioneering book tests and expands prospect theory to the study of Asian security and challenges traditional, expected-utility-based, rationalist theories of foreign policy behavior.

Prospect Theory and Foreign Policy Analysis in the Asia Pacific

Prospect Theory and Foreign Policy Analysis in the Asia Pacific
Author: Kai He
Publisher: Routledge
Total Pages: 172
Release: 2017-05-31
Genre:
ISBN: 9781138107939

Why does North Korea behave erratically in pursuing its nuclear weapons program? Why did the United States prefer bilateral alliances to multilateral ones in Asia after World War II? Why did China become "nice"�no more military coercion�in dealing with the pro-independence Taiwan President Chen Shuibian after 2000? Why did China compromise in the negotiation of the Chunxiao gas exploration in 2008 while Japan became provocative later in the Sino-Japanese disputes in the East China Sea? North Korea�s nuclear behavior, U.S. alliance strategy, China�s Taiwan policy, and Sino-Japanese territorial disputes are all important examples of seemingly irrational foreign policy decisions that have determined regional stability and Asian security. By examining major events in Asian security, this book investigates why and how leaders make risky and seemingly irrational decisions in international politics. The authors take the innovative step of integrating the neoclassical realist framework in political science and prospect theory in psychology. Their analysis suggests that political leaders are more likely to take risky actions when their vital interests and political legitimacy are seriously threatened. For each case, the authors first discuss the weaknesses of some of the prevailing arguments, mainly from rationalist and constructivist theorizing, and then offer an alternative explanation based on their political legitimacy-prospect theory model. This pioneering book tests and expands prospect theory to the study of Asian security and challenges traditional, expected-utility-based, rationalist theories of foreign policy behavior.

International Relations Theory and the Asia-Pacific

International Relations Theory and the Asia-Pacific
Author: G. John Ikenberry
Publisher: Columbia University Press
Total Pages: 463
Release: 2003
Genre: History
ISBN: 0231125909

What tools will international relations theorists need to understand the complex relationship among China, Japan, and the United States as the three powers shape the economic and political future of this crucial region? Some of the best and most innovative scholars in international relations and Asian area studies gather here with the working premise that stability in the broader Asia-Pacific region is in large part a function of the behavior of, and relationships among, these three major powers.

Power Politics in Asia’s Contested Waters

Power Politics in Asia’s Contested Waters
Author: Enrico Fels
Publisher: Springer
Total Pages: 536
Release: 2016-02-19
Genre: Political Science
ISBN: 3319261525

This volume offers a comprehensive and empirically rich analysis of regional maritime disputes in the South China Sea (SCS). By discussing important aspects of the rise of China’s maritime power, such as territorial disputes, altered perceptions of geo-politics and challenges to the US-led regional order, the authors demonstrate that a regional power shift is taking place in Asia-Pacific. The volume also provides in-depth discussions of the responses to Chinese actions by SCS claimants as well as by important non-claimant actors.

Routledge Handbook of Foreign Policy Analysis Methods

Routledge Handbook of Foreign Policy Analysis Methods
Author: Patrick A Mello
Publisher: Taylor & Francis
Total Pages: 603
Release: 2023-01-10
Genre: Political Science
ISBN: 1000816710

The disintegration and questioning of global governance structures and a re-orientation toward national politics combined with the spread of technological innovations such as big data, social media, and phenomena like fake news, populism, or questions of global health policies make it necessary for the introduction of new methods of inquiry and the adaptation of established methods in Foreign Policy Analysis (FPA). This accessible handbook offers concise chapters from expert international contributors covering a diverse range of new and established FPA methods. Embracing methodological pluralism and a belief in the value of an open discussion about methods’ assumptions and diverging positions, it provides new, state-of-the-art research approaches, as well as introductions to a range of established methods. Each chapter follows the same approach, introducing the method and its development, discussing strengths, requirements, limitations, and potential pitfalls while illustrating the method’s application using examples from empirical research. Embracing methodological pluralism and problem-oriented research that engages with real-world questions, the authors examine quantitative and qualitative traditions, rationalist and interpretivist perspectives, as well as different substantive backgrounds. The book will be of interest to a wide range of scholars and students in global politics, foreign policy, and methods-related classes across the social sciences.

Chinese Scholars and Foreign Policy

Chinese Scholars and Foreign Policy
Author: Huiyun Feng
Publisher: Routledge
Total Pages: 362
Release: 2019-01-04
Genre: Social Science
ISBN: 0429639066

How does China see the rest of the world? One way to answer this question is to look at the work of China’s scholars in the field of International Relations (IR). This leads to a second question – to what extent do Chinese IR scholars influence Beijing’s foreign policy and outlook? The contributors to this book seek to answer these key questions, drawing on their own first- and second-hand experiences of involvement in scholarly IR debates in China. Discussing fundamental aspects of China’s foreign policy such as China’s view of the international structure, soft power projection, maritime disputes, and the principle of non-interference, this book provides insights into the hinterland of Chinese foreign policy-making. It is an invaluable reference for global IR scholars, especially those with a direct interest in understanding and predicting China’s actions and reactions on a range of international issues.

Handbook of the Fundamentals of Financial Decision Making

Handbook of the Fundamentals of Financial Decision Making
Author: Leonard C. MacLean
Publisher: World Scientific
Total Pages: 941
Release: 2013
Genre: Business & Economics
ISBN: 9814417351

This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

​Insight Turkey 2015​ ​- Winter 2015 (Vol. 17, No. 1)

​Insight Turkey 2015​ ​- Winter 2015 (Vol. 17, No. 1)
Author:
Publisher: SET Vakfı İktisadi İşletmesi
Total Pages: 248
Release:
Genre: Political Science
ISBN:

Religion, religious groups and teo-politics are always most vital topics of the Western politics. The relationship between politics and religion is reciprocal. While both domestic and international political actors try to exploit religion and religious sensitivity for their political interests and gains, religion and belief systems want to use significant power over main political and cultural actors and perceptions. With the emergence of the violent non-state actors such as Taliban, al-Qaeda and DAISH, which were all surfaced in the Middle East but have become transnational actors deeply affecting European politics, and the recent popularity of far-right Islam-phobic movements such as PEGIDA in Europe have once again forced us to look closely at the relationship between religion and politics in Western politics specifically in Europe. Even though it is generally perceived that the religion has lost its war against politics in Europe as European countries have established secular democracies based on the promotion of individual freedoms and pluralism, it is an undisputable fact that the general framework in European states is largely affected by the Christian values and often its imprints are seen in politics. The developments around the recent large scale immigration toward Europe from Middle East and Africa are the reasons which force us to make this bold statement. How Europe deals with mostly Muslim immigrants who come from very different ethnic and cultural backgrounds from European values is very alarming. After unsuccessful assimilation and/or integration efforts for these non-European and non-Christian immigrants, state and societal actors have instigated to take restrictive measures against further immigration and migrants. Furthermore we have started to witness strong wave of xenophobia and Islamophobia in these democratic European societies. Islamophobia, relations with European Muslims and implications of political developments in the Muslim World will significantly influence the future religion-state relations in European countries. However, for the last few months we have been spectators of the tragic death of thousands desperate immigrants at the Mediterranean Sea who were trying to reach Europe. Unfortunately the European countries have done nothing to prevent their death.. MUHİTTİN ATAMAN

How China Sees the World

How China Sees the World
Author: Huiyun Feng
Publisher: Springer Nature
Total Pages: 139
Release: 2019-11-15
Genre: Business & Economics
ISBN: 9811504822

This book intends to make sense of how Chinese leaders perceive China’s rise in the world through the eyes of China’s international relations (IR) scholars. Drawing on a unique, four-year opinion survey of these scholars at the annual conference of the Chinese Community of Political Science and International Studies (CCPSIS) in Beijing from 2014–2017, the authors examine Chinese IR scholars’ perceptions of and views on key issues related to China’s power, its relationship with the United States and other major countries, and China’s position in the international system and track their changes over time. Furthermore, the authors complement the surveys with a textual analysis of the academic publications in China’s top five IR journals. By comparing and contrasting the opinion surveys and textual analyses, this book sheds new light on how Chinese IR scholars view the world as well as how they might influence China’s foreign policy.

Operational Code Analysis and Foreign Policy Roles

Operational Code Analysis and Foreign Policy Roles
Author: Mark Schafer
Publisher: Routledge
Total Pages: 384
Release: 2021-03-22
Genre: Political Science
ISBN: 1000348431

In this book, senior scholars and a new generation of analysts present different applications of recent advances linking beliefs and decision-making, in the area of foreign policy analysis with strategic interactions in world politics. Divided into five parts, Part 1 identifies how the beliefs in the cognitive operational codes of individual leaders explain the political decisions of states. In Part 2, five chapters illustrate progress in comparing the operational codes of individual leaders, including Vladimir Putin of Russia, three US presidents, Bolivian president Evo Morales, Sri Lanka’s President Chandrika Kumaratunga, and various leaders of terrorist organizations operating in the Middle East and North Africa. Part 3 introduces a new Psychological Characteristics of Leaders (PsyCL) data set containing the operational codes of US presidents from the early 1800s to the present. In Part 4, the focus is on strategic interactions among dyads and evolutionary patterns among states in different regional and world systems. Part 5 revisits whether the contents of the preceding chapters support the claims about the links between beliefs and foreign policy roles in world politics. Richly illustrated and with comprehensive analysis Operational Code Analysis and Foreign Policy Roles will be of interest to specialists in foreign policy analysis, international relations theorists, graduate students, and national security analysts in the policy-making and intelligence communities.