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Books > Social sciences > Warfare & defence > Other warfare & defence issues > Arms negotiation & control
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Behavioral Economics and Nuclear Weapons (Hardcover)
Loot Price: R1,549
Discovery Miles 15 490
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Behavioral Economics and Nuclear Weapons (Hardcover)
Series: Studies in Security and International Affairs
Expected to ship within 10 - 15 working days
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Recent discoveries in psychology and neuroscience have improved our
understanding of why our decision making processes fail to match
standard social science assumptions about rationality. As
researchers such as Daniel Kahneman, Amos Tversky, and Richard
Thaler have shown, people often depart in systematic ways from the
predictions of the rational actor model of classic economic thought
because of the influence of emotions, cognitive biases, an aversion
to loss, and other strong motivations and values. These findings
about the limits of rationality have formed the basis of behavioral
economics, an approach that has attracted enormous attention in
recent years. This collection of essays applies the insights of
behavioral economics to the study of nuclear weapons policy.
Behavioral economics gives us a more accurate picture of how people
think and, as a consequence, of how they make decisions about
whether to acquire or use nuclear arms. Such decisions are made in
real-world circumstances in which rational calculations about cost
and benefit are intertwined with complicated emotions and subject
to human limitations. Strategies for pursuing nuclear deterrence
and nonproliferation should therefore, argue the contributors,
account for these dynamics in a systematic way. The contributors to
this collection examine how a behavioral approach might inform our
understanding of topics such as deterrence, economic sanctions, the
nuclear nonproliferation regime, and U.S. domestic debates about
ballistic missile defense. The essays also take note of the
limitations of a behavioral approach for dealing with situations in
which even a single deviation from the predictions of any model can
have dire consequences.
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