TY - BOOK AU - He,Kai AU - Feng,Huiyun TI - Prospect theory and foreign policy analysis in the Asia Pacific: rational leaders and risky behavior T2 - Foreign policy analysis SN - 9780203077368 U1 - 355.0331 PY - 2013/// CY - New York PB - Routledge KW - Gestión de riesgos KW - Asia Del Este KW - Seguridad nacional KW - Toma de decisiones KW - Asia Sudoriental KW - Gestión estratégica KW - Relaciones extranjeras KW - Extremo Oriente -- Foreign relations -- Decision making KW - Extremo Oriente -- Strategic aspects N1 - Includes bibliographical references (p. 137\149) and index; Prospect theory, neoclassical realism, and foreign policy puzzles in Asian security \\ Why is there no NATO in Asia revisited : U.S. alliance strategy under risk \\ North Korea goes nuclear : rational decisions and risky behavior \\ China's policy toward Taiwan under risk : between military coercion and political pressure \\ China\Japan territorial disputes in the East China Sea : risky behavior during power transition \\ Rational leaders and risky decisions : risk\taking behavior in world politics N2 - 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\\ ER -