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Abstract ▼ AI-Helper

Although many argue that the US attacked Iraq in order to gain some interests such as crude oil, this study tries to show that the US motive of attacking Iraq was not to achieve gain but to avoid loss. The explanation is basically based on prospect theory. The 7 core questions of the study are: (1) ...

Although many argue that the US attacked Iraq in order to gain some interests such as crude oil, this study tries to show that the US motive of attacking Iraq was not to achieve gain but to avoid loss. The explanation is basically based on prospect theory. The 7 core questions of the study are: (1) did the US decision-makers in practice weight loss more heavily than gain?, (2) was the US decision-makers" judgment of loss affected by the certainty effect?, (3) did the US decision-makers perceive the domino effect in judging loss?, (4) in judging loss, did the US decision-makers have the perception of deteriorating situation and the motive of preemptive attack?, (5) did the US decision-makers show risk-seeking behavior to avoid losses?, (6) did the US decision-makers have the reference point?, what was it?, and (7) did the US decision-makers" heuristics make a crucial role in framing the reference point?