Overconfidence and Risk Taking in Foreign Policy Decision Making The Case of Turkey’s Syria Policy
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Auteur:
Imran Demir
- Engels
- Paperback
- 9783319849447
- 21 juli 2018
- 142 pagina's
Samenvatting
This book introduces a new perspective on risk seeking behaviour, developing a framework based on various cognitive theories, and applying it to the specific case-study of Turkey’s foreign policy toward Syria.
This book introduces a new perspective on risk seeking behaviour, developing a framework based on various cognitive theories, and applying it to the specific case-study of Turkey’s foreign policy toward Syria. The author examines why policy makers commit themselves to polices that they do not have the capacity to deliver, and develops an alternative theoretical model to prospect theory in explaining risk taking behaviour based on the concept of overconfidence. The volume suggests that overconfident individuals exhibit risk seeking behaviour that contradicts the risk averse behaviour of individuals in the domain of gain, as predicted by prospect theory. Using a set of testable hypothesis deduced from the model, it presents an empirical investigation of the causes behind Turkish decision makers’ unprecedented level of risk taking toward the uprising in Syria and the consequences of this policy.
This book introduces a new perspective on risk seeking behaviour, developing a framework based on various cognitive theories, and applying it to the specific case-study of Turkey’s foreign policy toward Syria. The author examines why policy makers commit themselves to polices that they do not have the capacity to deliver, and develops an alternative theoretical model to prospect theory in explaining risk taking behaviour based on the concept of overconfidence. The volume suggests that overconfident individuals exhibit risk seeking behaviour that contradicts the risk averse behaviour of individuals in the domain of gain, as predicted by prospect theory. Using a set of testable hypothesis deduced from the model, it presents an empirical investigation of the causes behind Turkish decision makers’ unprecedented level of risk taking toward the uprising in Syria and the consequences of this policy.
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- Paperback
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- 21 juli 2018
- Aantal pagina's
- 142
- Illustraties
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- Hoofdauteur
- Imran Demir
- Hoofduitgeverij
- Springer International Publishing Ag
Overige kenmerken
- Editie
- Softcover reprint of the original 1st ed. 2017
- Extra groot lettertype
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- 148 mm
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- 210 mm
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- 148 mm
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- 210 mm
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- 210 mm
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- 2155 g
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- 9783319849447
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