Unpacking Prospective Foreign Policy (Understanding risk-taking behaviour through Prospect TheoryUnpacking Prospective Foreign Policy)

However, whenever there is uncertainty, risk is inherent, making it an integral part of life. Be it an individual sailing a ship across the Atlantic or an individual ordering a fleet of missiles to be launched. It's just that the stakes are pretty high in the latter. (figuratively and literally). Why is there no Nato in Asia? Why do people in positions of power take risks and can they be predicted? This article delves into risk-taking behaviour in Foreign Policy and the Economic reasoning behind it.