Analysis of Russian Foreign Action Decision-Making under Prospect Theory
Journal: International Journal of Frontiers in Sociology
Year: 2022

Prospect theory, as a meso-theory of foreign policy-making, has shown unique advantages in analyzing foreign policy-making problems. The Russian-specific complex frame of reference plays an important role in decision-making on high-political issues, framing itself in a constant-loss framework through complex reference dependence, and thus exhibiting dynamic loss characteristics. The Russian complex frame of reference is a three-dimensional dynamic framework consisting of four main reference sphe