Behavioral economics and nuclear weapons /

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Bibliographic Details
Imprint:Athens : The University of Georgia Press, [2019]
©2019
Description:1 online resource (xii, 214 pages) : illustrations.
Language:English
Series:Studies in security and international affairs
Studies in security and international affairs.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12354046
Hidden Bibliographic Details
Other authors / contributors:Harrington, Anne (Anne I.), editor.
Knopf, Jeffrey W., editor.
ISBN:9780820355641
082035564X
9780820355634
0820355631
Notes:Includes bibliographical references and index.
Online resource; title from PDF title page (JSTOR, viewed May 18, 2020).
Summary:"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"--
Other form:Print version: Behavioral economics and nuclear weapons. Athens : The University of Georgia Press, [2019] 9780820355634