Suchergebnisse

"This book holds that the demand for insurance is best understood, not by focusing on risk preferences, but by focusing on the additional income, the states of the world that trigger the income transfer from the insurer, and the value of income (and consumption) in those states. It is unlikely that demand can be understood if the analyst limits the gain from insurance to coverage of the uninsured loss alone. It is also unlikely that the demand can be understood if the analyst limits the analysis to a movement along a static "risk averse" utility or value function, rather than acknowledging that a shift of this function, and thus in the utility or value of additional income, often coincides with the occurrence of the event that triggers the payout."

The decisions we make about energy shape our present and our future. From geopolitical tension to environmental degradation and an increasingly unstable climate, these choices infiltrate the very air we breathe. Energy security politics has direct impact on the continued survival of human life as we know it, and the earth cannot survive if we continue consuming fossil energy at current rates. The low carbon transition is simply not happening fast enough, and change is unlikely without a radical change in how we approach energy security. But thinking on energy security has failed to keep up with these changing realities.

Existing scholarship has demonstrated that theorising about security is Eurocentric. This leaves us with a partial account of the concept of security, which is presented as universal. This in turn generates explanatory problems because we are only seeing part of the picture. Yet there have been few attempts to move beyond critiques of Eurocentrism to examine the concept of security 'elsewhere'. This paper takes China as its starting point, asking: what can looking at China tell us about security? In answering this question, the paper makes two contributions. First, it presents new empirical findings, building a conceptual history of security in China. Drawing on 140 key texts dating 1926–2022, the paper traces the emergence of the concept of security in China and its evolution through three explicit security concepts. Drawing on postcolonial insights it demonstrates that these concepts are hybrid, evolving out of multiple domestic and international influences. They have similarities as well as differences with the Eurocentric concept that dominates International Security Studies (ISS) and produce a discrete approach towards security that has been overlooked in a discipline that uses 'Europe to explain Asia'. Second, considering these insights, the paper demonstrates that the universal concept of security that underpins theorising in ISS is partial and misleading. Differences in security concepts matter for theorising security and for understanding security policy. Consequently, I argue that we need to provincialize the concept of security: a truly global security studies is of necessity a provincial one attuned to difference and similarity.