Priorities and prospect theory
In: Diskussionspapier 2001,5
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In: Diskussionspapier 2001,5
In: Political psychology: journal of the International Society of Political Psychology, Band 25, Heft 3, S. 389-412
ISSN: 0162-895X
In: Political psychology: journal of the International Society of Political Psychology, Band 25, Heft 3, S. 389-411
ISSN: 0162-895X
Deterrence & compellence couple demands for inaction & action, respectively, to a threat of sanctions. Conventional wisdom holds that deterrence requires less coercive effort than compellence, yet expected utility theory contradicts this claim. Only if exogenous factors affect these situations in a systematic & asymmetrical manner will the claim hold within expected utility theory. Prospect theory provides a systematic & endogenous account for this claim. Experimental findings suggest the degree of effort required to obtain compliance in comparable deterrence & compellence situations. Deterrence is "easier" than compellence, but this relationship is variable. Deterrence requires less effort than expected, & the relative effort it requires decreases substantially as the stakes demanded & costs threatened grow. Compellence requires more effort than expected, & the relative effort it requires decreases slightly as the stakes demanded & costs threatened grow. 6 Tables, 1 Figure, 39 References. Adapted from the source document.
In: Dresden discussion paper series in economics 05/10
In: Peace research abstracts journal, Band 44, Heft 6, S. 227
ISSN: 0031-3599
In: Annual review of political science, Band 8, S. 1-22
ISSN: 1094-2939
In: The journal of conflict resolution: journal of the Peace Science Society (International), Band 51, Heft 2, S. 227-250
ISSN: 0022-0027, 0731-4086
In: Springer Wirtschaftswissenschaften
In: Political psychology: journal of the International Society of Political Psychology, Band 10, Heft 2, S. 325-339
ISSN: 0162-895X
PROSPECT THEORY SUGGESTS THAT INDIVIDUALS' ORIENTATIONS TOWARD RISK AFFECT PEOPLE'S BEHAVIOR. THIS ESSAY CONSIDERS POLITICAL IMPLICATIONS, EXPLORING THE EXTENT TO WHICH PEOPLE'S VIEWS ABOUT RISK INFLUENCE STATUS QUO ORIENTATIONS, POLITICAL PARTICIPATION, AND POLITICAL INVOLVEMENT. DATA FROM A STUDENT SAMPLE ARE USED TO TEST THESE EXPECTED RELATIONSHIP.
In: Europäische Hochschulschriften
In: Reihe 5, Volks- und Betriebswirtschaft 3004
In: International studies quarterly: the journal of the International Studies Association, Band 45, Heft 2, S. 241-270
ISSN: 0020-8833, 1079-1760
World Affairs Online
In: NBER working paper series 9736
In: International studies quarterly: the journal of the International Studies Association, Band 41, Heft 1, S. 87-112
ISSN: 0020-8833, 1079-1760