Display:
You raise an interesting point, i.e. that they would react to perceptions of a threat rather than to a real threat - and I have no good argument against that...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Nov 22nd, 2005 at 04:52:03 PM EST
[ Parent ]
It is a common misconception to assume that any rational actor would respond to real threats.

The threat (that one takes into account in one's planning) depends always on one's perception of existing threats. These perceived threats are often different to real threats due various cultural and personal reasons and assumptions.

Usually you do not know real threats until afterwards when things have happened like they did and truth finally starts to filter through. This time lag could take long time depending on organization or person involved.

by Nikita on Wed Nov 23rd, 2005 at 05:56:40 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Clipping the wings of a judge
by Migeru - Feb 10
61 comments

Sarkozy: Enemies Ahoy!
by afew - Feb 10
36 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
12 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Bristol Pound
by ChrisCook - Feb 7
14 comments

Recent Diaries
Sarkozy: Enemies Ahoy!
by afew - Feb 10
36 comments

Clipping the wings of a judge
by Migeru - Feb 10
61 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9
3 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
12 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
49 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...
Occasional Series