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Navigating shifts in power : prospect theory and the evolution of US relations with China and Japan Gasmi, Mohamed
Abstract
Why does a hegemon abruptly transition its stance toward certain powers from cooperation to confrontation? Using the example of U.S.-China and U.S.-Japan relations, I argue that, for a hegemon, changing state dispositions are not predominantly about military strength, ideology, nor adherence to global norms. Instead, drawing upon prospect theory, I suggest an economic and behavioral reasoning. I argue the United States’ contradictory actions are better understood as decisions made following transitions from a “domain of gain” to a “domain of loss,” spurred by economic disruptions to the status quo. To test this assertion, I use the synthetic control method to simulate a counterfactual path for China and Japan – their expected outcome had they never reached key economic thresholds. I find that the 35 to 40 percent range of proportional GDP relative to the United States coincides with a significant increase in negative sentiment, across different measures. This suggests there are important psychological considerations influencing state behavior, factors which traditional theories of international relations overlook.
Item Metadata
Title |
Navigating shifts in power : prospect theory and the evolution of US relations with China and Japan
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Creator | |
Supervisor | |
Publisher |
University of British Columbia
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Date Issued |
2023
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Description |
Why does a hegemon abruptly transition its stance toward certain powers from cooperation to confrontation? Using the example of U.S.-China and U.S.-Japan relations, I argue that, for a hegemon, changing state dispositions are not predominantly about military strength, ideology, nor adherence to global norms. Instead, drawing upon prospect theory, I suggest an economic and behavioral reasoning. I argue the United States’ contradictory actions are better understood as decisions made following transitions from a “domain of gain” to a “domain of loss,” spurred by economic disruptions to the status quo. To test this assertion, I use the synthetic control method to simulate a counterfactual path for China and Japan – their expected outcome had they never reached key economic thresholds. I find that the 35 to 40 percent range of proportional GDP relative to the United States coincides with a significant increase in negative sentiment, across different measures. This suggests there are important psychological considerations influencing state behavior, factors which traditional theories of international relations overlook.
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Genre | |
Type | |
Language |
eng
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Date Available |
2023-10-18
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Provider |
Vancouver : University of British Columbia Library
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Rights |
Attribution-NonCommercial-NoDerivatives 4.0 International
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DOI |
10.14288/1.0437206
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URI | |
Degree | |
Program | |
Affiliation | |
Degree Grantor |
University of British Columbia
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Graduation Date |
2023-11
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Campus | |
Scholarly Level |
Graduate
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Rights URI | |
Aggregated Source Repository |
DSpace
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Item Citations and Data
Rights
Attribution-NonCommercial-NoDerivatives 4.0 International