A Prospect Theory of Power Transition: Why Power Transition Does Not Imply War?

A Prospect Theory of Power Transition: Why Power Transition Does Not Imply War?

We present a prospect theory model to explain why power transitions do not necessarily lead to war. We find that three major mechanisms prevent the occurrence of potential power transition wars. First, the dual boiling frog effects occurring in the middle range of capability catching-up rate prevent a...

Full description

Saved in:
Bibliographic Details
Main Authors: WANG, Huan, ZHANG, Yi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Power Transition
Dual Boiling Frog Effects
Expectation Divergence
Relative Advantage Deterioration
Behavioral Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/1711
https://ink.library.smu.edu.sg/context/soe_research/article/2710/viewcontent/Prospect_Theory_Power_Transistion_2015_wp.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1711
https://ink.library.smu.edu.sg/context/soe_research/article/2710/viewcontent/Prospect_Theory_Power_Transistion_2015_wp.pdf

Similar Items