This presentation wll be useful fo IR students

1. International Atatürk Alatoo University
Department of International Relations
FOREIGN POLICY
DECISION MAKING
Subject: Foreign Policy Analysis
Lecturer: Ibrahim Koncak
Student: Sulaimanov Islam

2. Commonsensical
understanding of rationality
2 commonsensical
models of rationality in
decision making

3. 1 RATIONAL DECISION MAKING
Refers to the process that people should use to choose.
 Decision maker should be LOGICAL
 Decision maker should be ORDERLY
 Decision maker should be COHERENT
 Decision maker should be CONSISTENT

4. If one prefers A to B, and B to C, then one prefers A to C

5. Another skills that Decision Maker should have:
 Should be good at attending to new information
 Need to “update” estimates in response to new
reliable information

6. 2RATIONAL DECISION MAKING
Decision makers are expected
to generate subjective
probability estimates

7. COGNITIVE REVOLUTION
Simplicity
Consistency
Poor estimators
Loss aversion