Prospect Theory and Foreign Policy Analysis in the Asia Pacific

Prospect Theory and Foreign Policy Analysis in the Asia Pacific

Taylor & Francis

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\""\u2014no more military coercion\u2014in 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\u2019s nuclear behavior, U.S. alliance strategy, China\u2019s 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.

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