Overconfidence and Risk Taking in Foreign Policy Decision Making
eBook - PDF

Overconfidence and Risk Taking in Foreign Policy Decision Making

The Case of Turkey’s Syria Policy

  1. 148 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Overconfidence and Risk Taking in Foreign Policy Decision Making

The Case of Turkey’s Syria Policy

About this book

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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Information

Year
2017
Print ISBN
9783319526041
eBook ISBN
9783319526058

Table of contents

  1. Overconfidence and Risk Taking inForeign Policy Decision Making
  2. 1 Introduction
  3. 2 The Relevant Literature on Past Outcomes, Overconfidence and Risk Taking
  4. 3 Modeling the Relationship Between Past Outcomes, Overconfidence and Risk Taking
  5. 4 The Turkish Policy to Remove Syrian President Assad: Overconfidence Obscures Risks and Magnifies Failure
  6. 5 Why Turkish Overconfidence Was Too Obvious
  7. 6 Conclusion
  8. Bibliography
  9. Index

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Yes, you can access Overconfidence and Risk Taking in Foreign Policy Decision Making by Imran Demir in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Comparative Politics. We have over 1.5 million books available in our catalogue for you to explore.