Show Summary Details

Page of

Printed from Oxford Research Encyclopedias, Politics. Under the terms of the licence agreement, an individual user may print out a single article for personal use (for details see Privacy Policy and Legal Notice).

date: 29 November 2020

Prospect Theory in International Relationslocked

  • Janice Gross SteinJanice Gross SteinDepartment of Political Science, Munk School of Global Affairs, University of Toronto

Summary

Analysis of the use of prospect theory since the mid-1980s identifies significant impact on research on important puzzles in international security and international political economy. Research since the mid-1990s has identified the scope conditions of framing effects, loss aversion, and patterns of probability estimation on international behavior. New research using multiple methods has strengthened the validity of findings on the impact of framing effects and loss aversion under different conditions. Future research opportunities for psychological explanations of international behavior are identified.

You do not currently have access to this article

Login

Please login to access the full content.

Subscribe

Access to the full content requires a subscription